Pegged Currency

A currency whose value is intended to be constant in relation to a certain asset. For instance, 1 USDT is equivalent to 1 USD. Likewise known as a stablecoin.

Governance Token

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

Coin

Cryptocurrencies known as coins run on separate blockchains and are unrelated to other coins. Such a cryptocurrency's single unit is also known as a coin.

Absolute Advantage

An economic theory in which one party produces or provides a particular good or service more efficiently than another party.