Decentralized Exchange (DEX)

A trading platform that doesn't hold users' funds for them and doesn't require them to deposit money in order to start trading. Users trade straight from their own wallets instead.

Testnet

An alternative blockchain used by developers for testing.

Governance Token

Developers design governance tokens to let token holders influence the direction of a protocol.

Mainnet

A mainnet is a separate blockchain that operates on its own network using its own protocol and technologies.