🗒️Glossary

An alphabetical list of words relating to our Protocol & DeFi in general, with explanations; a brief dictionary. Will be updated over time.

TERM	EXPLANATION
APR	Refers to the simple returns in USD value relative to the amount of SUBZERO or ZSHARE staked
APY	Annual percentage yield (APY) is the rate of return gained over the course of a year on a specific investment. Compounding interest, which is computed on a regular basis and applied to the amount
Apeing	Apeing is when a cryptocurrency trader buys a token without conducting thorough research.
Audit	An audit is a process where developers inspect the underlying code and/or algorithm that compose systems and applications.
Bag	Crypto slang for a large quantity of a specific cryptocurrency.
Bonds	Bonds are unique tokens that can be utilized to help stabilize the SUBZERO price around peg by reducing circulating supply of SUBZERO if the TWAP goes below peg.
Bots	Automated software that can carry out tasks such as cryptocurrency trades.
Boardroom	The boardroom is where you stake your ZSHARE rewards whenever it is active
Cross-chain	Cross-chain is the interconnection between blockchain networks by allowing the exchange of information and value.
Circulating Supply	The best approximation of the number of coins that are circulating in the market and in the general public’s hands
Dapp	A Decentralised application. A decentralised web app.
DEX/Decentralized Exchange	A peer-to-peer exchange allowing users to trade cryptocurrency without the need for an intermediary. On Avalanche we mostly use ZSwap.
Epoch	Inside a blockchain network, an epoch is considered a specific period of time. In our case an Epoch is 6 hours long.
Farm	The Farm is where you stake your SUBZERO Token or LPs (Liquidity Pools).
Impermanent Loss	Impermanent loss is when a liquidity provider has a temporary loss of funds because of volatility in a trading pair. You can calculate it here.
LPs/Liquidity Pools	Liquidity pools are crypto assets that are kept to facilitate the trading of trading pairs on decentralized exchanges. They usually pay a reward for being a Liquidity provider.
Liquidity provider	Liquidity providers are decentralized exchange users who fund a liquidity pool with tokens they own
Peg	A peg refers to the specific price that a token is aiming to stay at.
Wen Lambo	A phrase referring to when cryptocurrency holders will become rich enough to afford the purchase of a Lamborghini.
Wen Moon	A phrase used to ask when the price of cryptocurrencies will explode.
Whale	A term used to describe investors who have uncommonly large amounts of crypto, especially those with enough funds to manipulate the market.
Yield Farming	Yield farming involves earning interest by investing crypto in decentralized finance markets.