Glossary

A contract for difference (CFD) is a contractual agreement between two parties based on the difference in the value of the asset.

BaFin is a regulatory authority based in Germany and plays a crucial role in the supervision of financial markets.

Backwardation is a concept from finance where the future price of a commodity is lower than its spot price.

The term altcoin generally describes the wide range of alternative cryptocurrencies besides the original Bitcoin.

Crypto collateral serves as the foundation of DeFi and offers users the ability to secure loans, earn interest and provide liquidity.

The Bitcoin protocol, which is based on cryptographic principles, was first published in 2008 under the pseudonym Satoshi Nakomoto.

Peer-to-peer refers to the direct exchange of assets or information between individuals or companies without intermediaries.

In financial markets, the term “ask”, refers to the price at which a seller is willing to sell a specific asset

An Application Programming Interface (API) is a vital set of functions and protocols used in the development of application software.

AML stands for “Anti Money Laundering” and refers to measures designed to combat money laundering.

Utility tokens derive their value from the specific functions and services they enable within an ecosystem.

A smart contract is a computer protocol designed to digitally facilitate, verify, or enforce the negotiation or performance of a contract.

Parachains, are dedicated layer-1 blockchains in the Polkadot blockchain ecosystem which run in parallel to the central Polkadot Relay Chain.

An accelerator is a time-limited program aimed at supporting startup companies with their business operations.

Algorithmic trading (also known as algo trading) refers to the use of computer algorithms for automated execution of trading orders.

An angel investor is an investor who provides funding in the early startup stages of a company in return for shares.