Share some basic Web3 English
Stake: Locking cryptocurrency in a blockchain network to support the operation and security of the network and receive rewards.
Unstake: Unlocking previously staked cryptocurrency, usually after completing a certain staking cycle or meeting specific conditions.
Claim: Receive rewards for staking or other activities.
Token: A blockchain-based digital asset that can represent value, equity, or access rights, etc.
Wallet: A tool for storing and managing cryptocurrency, which can be software (hot wallet) or hardware (cold wallet).
Private Key: A secret code used to sign transactions and access cryptocurrency wallets that must be kept safe.
Public Key: A public code paired with a private key to generate a wallet address and receive cryptocurrency.
Smart Contract: A contract that is automatically executed and verified on the blockchain, based on pre-set rules.
Gas: The fee required to perform transactions and operations on a blockchain network (such as Ethereum).
Decentralized Application (dApp): An application that runs on a blockchain network and does not rely on a centralized server.
NFT (Non-Fungible Token): A unique digital asset that represents a unique item or content, such as art, music, video, etc.
DEX (Decentralized Exchange): A trading platform that does not require the management of a central authority, and users trade directly on the blockchain.
Yield Farming: The process of earning rewards by providing liquidity or lending on a decentralized financial platform.
Liquidity: The ease with which assets are traded in the market. Assets with high liquidity trade quickly and have low price fluctuations.
Airdrop: The distribution of free tokens to a specific group of users, usually as a marketing or reward strategy.
