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.

Governance Token

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

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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

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Pair

Exchange cryptocurrencies with each other, like the trading pair BTC/ETH.

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