Glossary
Annual Percentage Rate, is the annualized interest rate without taking the effect of compounding into account.
Annual Percentage Yield, is the normalized representation of an interest rate, based on a compounding period over one year.
Total Value Locked, is the dollar amount of all Tokens staked in a respective protocol - either Promise Token or SLOT Token. This metric is often used as a growth or health indicator in DeFi projects.
NFTs are non-fungible tokens that make a single token unique and yet all have a different value within a protocol. NFTs can be in the form of images, videos and more.
Last modified 1yr ago