• Menu
  • Skip to right header navigation
  • Skip to main content
  • Skip to secondary navigation

Economics Design

Token Economics and Design

  • Research Lab
    • Academic Papers
    • Other Research
  • Education
    • Online Course
    • Videos
    • Newsletter
    • Podcast
    • Patreon
  • Design and Consult
    • Our Services
    • Our Clients & Partners
  • Regulation
    • Layer 1 DLT
    • Digital Currency
  • Fund
  • About
    • About
    • Contact
    • Our Team
  • Textbook
  • Search
  • Search
  • Research Papers
  • Token Economics Course
  • Token Economics Textbook
  • Consultancy
  • Clients & Partners
  • About
  • Contact

EP 32: ELI5 15 DeFi and Crypto Terms || Human Glossary

By LisaJYTan

Reading Time: < 1 minute
EP 32: ELI5 15 DeFi and Crypto Terms || Human Glossary
EP 32: ELI5 15 DeFi and Crypto Terms || Human Glossary

Listen on Google, YouTube, iTunes, Spotify

As much as I want to say DeFi and crypto is easy to enter, it is not easy to fully grasp and understand it. First you need to understand technology. Then to understand math, finance and economics.

This channel is to help you bridge the learning gaps. A subscriber, shout out to Magnus, mentioned that a general ELI5 episode would be good to run through the few common terms.

Here, I’ve picked up 15 terms that are commonly used. Instead of giving you the “just google what it means” term, this is an ELI5 explanation with human explanation. That’s the best way to learn, in my experience.

15 terms we run through and explain:

*General Classification*

1) Layer 1
2) Layer 2
3) Dapp

*DeFi General Terms*

4) DeFi
5) Money Lego
6) Compostability

*Scalability Problem + Solution*

7) Scalability (oh damn I spelt it wrong. Sorry guys)
8) Sidechain
9) Roll-ups

*More Technical Elaboration*

10) ZK roll-up
11) Optimistic roll-up
12) ZK-SNARKS

*Other Terms*

13) Quadratic Funding
14) Flash loans
15) Front Running

Previous Post: «EP 31: Bonding Curve Application on Social Community Tokens | NFT EP 31: Bonding Curve Application on Social Community Tokens | NFT
Next Post: EP 33: Derivatives and Repo to create interest-bearing USD EP 33: True power of tokenisation.Combine derivatives and Repo to create interest-bearing FlexUSD»
  • About
  • Team
  • Jobs
  • Twitter
  • Youtube
  • LinkedIn
  • Newsletter
  • Podcast
  • Privacy Policy

Copyright © 2021 Economics Design