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What is ERC-20 ERC-20 is the most widely adopted token standard on the Ethereum blockchain. It defines a common interface -- a set of functions and events -- that a smart contract must implement to create a fungible token. "Fungible" means that every unit of t...

What is BEP-20 BEP-20 is the token standard used on BNB Smart Chain (BSC) — the EVM-compatible blockchain operated by the BNB Chain ecosystem. BEP-20 defines a common set of rules that every fungible token on BSC must follow: how tokens are transferred, how ba...

What is SPL SPL stands for Solana Program Library — a collection of on-chain programs (smart contracts) maintained for the Solana blockchain, which includes the SPL Token program that defines the standard for creating and managing fungible and non-fungible tok...

What is a native token A native token is the built-in currency of a blockchain network -- the token that exists at the protocol level, not as a smart contract deployed on top of it. Examples include ETH on Ethereum, SOL on Solana, BNB on BNB Smart Chain, TAO o...

What is a utility token A utility token is a crypto token whose primary purpose is to provide access to a product, service, or function within a specific project or protocol. Unlike tokens that exist purely for speculation or as stores of value, a utility toke...

What is a governance token A governance token is a crypto token that gives its holder the right to vote on decisions affecting a protocol or decentralized organization. These decisions can range from treasury spending and fee parameter changes to protocol upgr...

What is a fee mechanism A fee mechanism is a token model in which the native token is used to pay fees generated by protocol operations. These fees can be burned (permanently removed from circulation), redistributed to stakers or liquidity providers, directed ...

What is staking Staking is a token model in which holders lock their tokens in a protocol to participate in network security, protocol operations, or economic alignment. In return for locking tokens, stakers typically receive rewards — from fee redistribution,...

What does no token mean No token means that a project operates without issuing its own native cryptocurrency token. In the context of crypto AI projects, this label applies to protocols and platforms that build on blockchain infrastructure but have not created...

What is tokenomics Tokenomics (token + economics) is the study and design of the economic rules governing a cryptocurrency token: how many tokens exist, how they are created, how they are distributed, what controls their supply over time, and what incentives t...

What is max supply Max supply is the absolute upper limit on the total number of tokens that can ever exist for a given cryptocurrency or project. Once the max supply is reached, no new tokens can be created by any mechanism — not by mining, staking rewards, o...

What is token emission Token emission is the process by which new tokens are created and introduced into circulation according to a protocol's rules. Emission is the mechanism that brings tokens from the theoretical max supply into actual existence — distribut...

What is an inflationary token An inflationary token is a cryptocurrency whose total supply increases over time. Unlike tokens with a fixed max supply, inflationary tokens have no hard ceiling on the number of units that can exist — or they have a cap that is s...

What is token burn Token burn is the permanent, irreversible removal of tokens from circulation. When tokens are burned, they are sent to a verifiable address from which they can never be retrieved or spent — effectively destroying them. The total supply of th...

What is token vesting Token vesting is a mechanism that restricts when allocated tokens become available to their holders. Instead of receiving all tokens at once, recipients receive them gradually over a defined period according to a predetermined schedule. V...

What is a protocol treasury A protocol treasury is a pool of tokens or other assets controlled by a blockchain protocol or its governance system, reserved for funding the project's ongoing development, ecosystem growth, community incentives, and operational ne...

What is attestation An attestation is a signed statement that confirms something specific about a subject — an address, an action, a credential, or a piece of data. It is not identity itself; it is a claim about identity or about something an entity has done. ...

What is identity in crypto Identity in crypto refers to the set of mechanisms that allow an entity — a person, an organization, or a device — to prove who or what it is in a decentralized environment, without depending on a single central authority to vouch fo...