Common acronyms for decentralized finance
- DeFi: Decentralized finance‍
- AMM: Automated market maker‍
- LP: Liquidity provider/pool ‍
- IL: Impermanent Loss‍
- DEX: Decentralized exchange
- CEX: Centralized exchange
- BSC: Binance Smart Chain‍
- APY: Annual Percentage Yield‍
- APR: Annual Percentage Rate‍
- TVL: Total Value Locked
- EVM: Ethereum Virtual Machine‍
- dApp: Decentralized Application‍
- PoW: Proof of Work.
- PoS: Proof of Stake‍
- IDO: Initial Decentralized Offering‍
- ICO: Initial Coin Offering‍
- IEO: Inital Exchange Offering
- IFO: Inital Farm Offering
- LBP: Liquidity Bootstrapping Pool
- DAO: Decentralized Autonomous Organization
- VC: Venture Capital
This list will be regularly updated. If you find I’ve left out a certain term, feel free to contact me on Twitter.