Flash Loan

A type of loan in DeFi that allows borrowers to access significant amounts of cryptocurrency for a very short period, typically without collateral. The loan must be borrowed and repaid within the same blockchain transaction, enabling sophisticated trading strategies without upfront capital.

Consensus Mechanism

A Consensus Mechanism is a fundamental component in blockchain technology, allowing multiple parties or nodes...

Farming

In the context of decentralized finance (DeFi), farming refers to the practice of staking or...

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