A token offering in return for another coin. The initiation of a new cryptocurrency is also known as an ICO.
Hard Cap
A hard cap is a restriction put in place by the blockchain's code on the maximum amount of units that can ever be created or circulated for a specific cryptocurrency
Impermanent Loss
When there is a price difference between the two assets a trader owns on a DEX, often a cryptocurrency and a stablecoin (such as USDC), impermanent loss might occur.
Utility Token
Tokens that are designed specifically to be able to help people use something.