Perfect for beginners with simple, common vocabulary
DeFi Dynamics: Key Concepts and Technologies
Moderate difficulty suitable for most players
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Across
- 1. Strategy of earning rewards by locking tokens
- 3. Digital asset representing value or utility on blockchain
- 4. Sequence of blocks that forms a ledger
- 6. Shared resource of tokens for liquidity provision
- 7. Term for easily tradable assets or funds
- 10. To exert control or decision-making power in protocols
- 11. To take assets temporarily with obligation to repay
- 12. Costs paid for using DeFi protocols and services
- 13. Service providing external data to smart contracts
- 15. Type of loan that must be repaid within one transaction
- 18. Decentralized application running on blockchain
Down
- 2. Secure smart contract for storing assets safely
- 5. Centralized platform for trading cryptocurrencies
- 8. Returns earned from lending or staking assets
- 9. Process of validating transactions and creating tokens
- 14. Participant providing assets to borrowers for interest
- 16. Locking tokens to support network operations and earn rewards
- 17. Debt instrument often tokenized in DeFi
- 19. Asset designed to maintain a steady value
- 20. Exchange one asset for another directly on blockchain
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