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10 terms
- adaBeginnerThe native cryptocurrency of the Cardano blockchain, used to pay transaction fees, stake to a pool, and represent voting power in governance.Tokens & Assets
- Babel FeesA proposed mechanism that would let users pay transaction fees using native tokens instead of ada (not yet live on mainnet).Tokens & Assets
- DjedA crypto-backed, overcollateralized stablecoin protocol on Cardano whose US-dollar peg is maintained algorithmically against an ada reserve (with SHEN as the reserve coin), rather than by fiat reserves.Tokens & Assets
- LovelaceBeginnerThe smallest divisible unit of ada. One ada equals 1,000,000 lovelaces.Tokens & Assets
- MaryThe hard fork on March 1, 2021 that introduced native tokens, allowing users to create and transact with custom tokens directly on Cardano.Tokens & Assets
- Native TokenA token created and managed directly on the Cardano blockchain using its built-in token functionality, without requiring smart contracts.Tokens & Assets
- NFTBeginnerA token that represents ownership of a specific unique item, recorded on-chain; anyone can copy the picture, but only one wallet holds the original record.Tokens & Assets
- Policy IDThe unique on-chain identifier of a native token's minting policy.Tokens & Assets
- StablecoinBeginnerA cryptocurrency designed to track the value of a reference asset, typically a fiat currency like the US dollar, so balances stay predictable rather than swinging with the crypto market.Tokens & Assets
- USDMA US-dollar-pegged stablecoin on Cardano issued by Moneta (formerly Mehen Finance) and backed by US-dollar reserves held off-chain rather than by an on-chain crypto collateral pool.Tokens & Assets