Basic Vocabulary

Leverage Trading: using small amount of funds to invest several times of the original amount in order to obtain multiple returns or losses relative to the fluctuation of the investment object. Please pay attention to the transaction risk.

Trust Pool: trust pool for borrowers and lenders to deposit funds.

Margin Limit: the maximum amount of money used as margin.

Position Limit: the maximum amount of money included in the risk rate.

AMM: automated market maker in English, which means automatic market maker mode. Compared with the traditional market maker mode of centralized exchange, AMM is equivalent to decentralized market maker mode. Everyone can become a liquidity provider. Pledge Mining: obtain mining reward by pledge token.

LP Mining: by adding liquidity (LP) to pancake, and then pledge LP in BoostSwap, the mining reward will be obtained.

IDO Auction: the initial digital assets offering is short for short. The first block chain digital assets are issued, including Dutch auction, fixed interest rate, flexible auction and other ways. Keep up to date.

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