Bridges: The overall project created by the Bridges team and shorthand for the company name, Bridges CryptoTech, Inc.
Bridge$: The token that is the foundation of the Bridges ecosystem. The symbol of Bridge$ is BRG.X.
Bridges Exchange: The platform that interacts with the underlying smart contracts and which allows you to swap tokens, deposit liquidity, yield farm LP tokens, lock liquidity, and manage your Bridge$ in the dashboard.
centralized ledger: The mechanism behind the accounting of companies, banks, and so forth wherein a single entity controls the ledger.
centralized exchange: An exchange which is managed by a centralized actor, requires users to register and complete legal identity verification, stores your funds in custodial wallets, and has fiat on- and off-ramps by virtue of being a part of the centralized financial system.
custodial wallet: A wallet that you keep with a crypto trading platform, such as Binance or Coinbase.
directed acyclic graph (DAG): A mathematical concept used by some new blockchain protocols like IOTA to overcome scalability issues.
decentralized exchange: An exchange that is completely open to all projects that want to list their tokens, does not collect the personal identities of participants, allows you to connect your non-custodial wallet, and (typically) does not have an on- or off-ramp with fiat.
decentralized finance: A financial system that cuts out the middlemen and exists on the blockchain. There are no central actors who control everything.
decentralized ledger: A ledger in which there are a lot of copies of the ledger that many different people maintain.
DeFi: See decentralized finance.
developers: Those who decide to launch a token project on blockchain.
FTX: A major centralized exchange where you can buy BNB to use on Bridges Exchange.
FOMO: Fear of missing out.
FUD: Fear, uncertainty, and doubt.
gas fees: The cost of having your transactions validated by the validators.
Gnosis Safe: A major decentralized multi-signature wallet provider.
Golang (GO): Most-used programming language to code blockchains.
HODL: Acronym for "hold on for dear life."
holder: Someone who owns a cryptocurrency.
honeypot: A scam in which you can buy a token, but it's not possible to sell the token.
hot wallet: A wallet that is always connected to the internet.
Kraken: A major centralized exchange.
KuCoin: A major centralized exchange where you can buy BNB to use on Bridges Exchange.
liquidity fee: Liquidity fees are charged to users who want to swap cryptocurrency pairs that are not frequently traded. They provide rewards to those who provide liquidity and make the swaps possible.
liquidity locker: A place where developers can lock their liquidity.
liquidity mining: Liquidity mining refers to users providing "liquidity" contributions to the market being rewarded for that, thereby allowing holders to trade the underlying assets.
liquidity pair: The pair of two tokens that gives one it's value and enables the swapping of the tokens using an AMM.
liquidity pool: A pool filled with each of the tokens in the liquidity pair which allows for swapping though an AMM.
liquidity provider: Someone who provides liquidity to the liquidity pool.
locked liquidity: Liquidity that is programmatically locked in a way that it cannot be removed by the developer.
locker: See liquidity locker.
LP tokens: The tokens you receive when you deposit liquidity.
market cap: See market capitalization.
market capitalization: The total value of all of the tokens.
no-coiner (also written as nocoiner): Someone who interacts with a crypto community but doesn't hold any of that coin or token.
pegged coins: The token form of a coin that exists on another blockchain which follows the price of the coin on its own blockchain.
PoS: Shorthand for proof of stake.
PoW: Shorthand for proof of work.
price: The value of a token relative to its pair in the liquidity pool.
proof-of-stake: A consensus algorithm in blockchain where validators need to stake a certain amount of native coins to join the network as a validator. For example, PoS is used by Binance.
proof-of-work: A consensus algorithm in blockchain, where validators have to solve complex operations in order to validate transactions and get rewarded with the native coin for it. For example, PoW is used by Bitcoin.
project: A token and its use cases that are being implemented on the blockchain by a developer team.
pump: Strong upward price movement.
pump-and-dump scheme: A scam in which someone (developer or otherwise) pump the price of a project only to sell all of their tokens to steal liquidity and crash the price.
rug pull: A scam in which a developer removes all of the liquidity leaving the holders valueless tokens.
safu: A term used to mean "safe" in crypto.
Satoshi Nakamoto: The mysterious, anonymous creator(s) of Bitcoin.
semi-DeFi exchange: See semi-decentralized exchange.
semi-decentralized exchange: An exchange that holds to the core tenants of DeFi, but has a quality assurance check to exclude scams and tokens with no utility or innovation.
Simplex: A payment provider that lets you use a credit card to buy crypto.
smart contract: Code that determines the rules for something on the blockchain.
Solidity: Solidity is a cryptocurrency coding language used to write smart contracts. It is a contract-oriented, high-level language for implementing Ethereum Virtual Machine (EVM) bytecode. The Ethereum Foundation developed solidity and provides a way to create contracts on the Ethereum blockchain and other EVM compatible blockchains such as BNB chain.
stablecoin: A token that is tradable at a stable price.