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Aug 5

"DeFi terms" – The Basics

TVL: Total Value LockedThe $ amount of all tokens within a certain liquidity pool, blockchain, or protocol. DeFi: Decentralized Finance- A financial system that aims to disrupt the traditional financial system by using decentralized applications.DAO: Decentralized Autonomous OrganizationA community-controlled group focused on a specific cause. These are booming. Can earn money through participating in these groups. The more governance tokens you have, the more voting power.APR: Annual Percent...

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