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.

Fiat

Fiat money, often known as fiat currency, is money that a government has recognized as legal tender and that it supports.

Governance Token

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

Address

In blockchain, an address refers to a unique alphanumeric identifier associated with a digital wallet or account that is used to send, receive, and store cryptocurrencies or other digital assets.