The Cardano Glossary
Find the meanings of popuar words used in the Cardano Blockchain & Project Catalyst.
| Term | Main definition |
|---|---|
| Large Cap |
Well-established projects and organizations having a market capitalization of $10 billion or above are called large cap or big cap projects/organizations.
|
| Layer 0 | |
| Layer-1 Blockchain |
A layer-1 blockchain is a set of solutions that improve the base protocol itself
|
| Ledger |
a distributed database operated in a decentralized manner by multiple nodes across numerous locations.
|
| Leverage |
Money that a trader borrows from a brokerage, enabling them to gain far greater exposure to a position than what their capital allows.
|
| Liquid Market |
A liquid market features a large number of buyers and sellers. It is a platform where all the trades are executed with ease and at a low cost.
|
| Liquidation | |
| Liquidity |
How easily a cryptocurrency can be bought and sold without impacting the overall market price.
|
| Liquidity Mining |
Liquidity mining is a mechanism or process in which participants supply cryptocurrencies into liquidity pools, and are rewarded with fees and tokens based on their share of the total pool liquidity.
|
| Liquidity Pool |
Liquidity pools are crypto assets that are kept to facilitate the trading of trading pairs on decentralized exchanges.
|
| Liquidity Provider |
Liquidity providers are decentralized exchange users who fund a liquidity pool with tokens they own.
|
| Liquidity Provider Tokens (LP Tokens) |
Liquidity provider tokens or LP tokens are tokens issued to liquidity providers on a decentralized exchange (DEX) that run on an automated market maker (AMM) protocol.
|
| Live stake |
the total amount of stake that a stake pool controls. It combines the stake owned by the pool operator with any stake that has been delegated to the pool by other ada holders. It can be measured as a total ada amount (e.g., 3 million ada), or as a percentage of the total supply of ada within the network (e.g., 5%).
|
| Lovelace |
