Glossary Of Terms
Term | Description |
DeFi | Decentralised Finance |
DAO | Distributed Autonomous Organisation |
Fida Token | Fida App's native currency |
Fida Exchange | Fida Token's native exchange |
Collateral | An asset of value staked to earn Fida Tokens. Fida Token permits both ether (ETH) and USDC. |
ETH | Ethereum's native cryptocurrency. |
USDC | A USD coin issued by centre consortium and backed by assets held in State Street bank. |
Last modified 1yr ago