Absolute Advantage

Absolute Advantage Intermediate An economics concept in which one party has a direct advantage in efficiency in producing/providing a specific good or service over another party.

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.

Accountability

Accountability is the need or willingness to take ownership of one's actions. When someone takes ownership, they are committing to producing successful outcomes.

Satoshi (SATS)

The smallest unit of bitcoin with a value of 0.00000001 BTC.