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.

Ad Hoc

a Latin expression that means "for this purpose" or "specifically for this" in contemporary English.

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