Cherry
  • The Basics
    • Introduction
    • The Cherry Primer
    • Cherry Protocol
    • Cherry Token
      • Wrapped Cherry Token
  • Quickstart
    • Installing the Cherry Node
    • Create an Account
  • Cherry Stack
    • Parachain & Parathread
    • Consensus
      • Become a Validator
      • Become a Nominator
      • Unbonding and Rebonding
      • Validating FAQ
    • Governance
      • Treasury
    • Storage
      • What is IPFS
      • Application Programming Interface
    • EVM Compatibility (pEVM)
    • Identities
  • Build
    • Style Guide
  • Community
    • Ambassador Program
    • Public Grants
  • Cherry Ecosystem
    • Finance
    • Capital Partners
  • Substrate
    • Polkadot
    • Substrate
    • XCM
  • Resources
    • Glossary
    • Blockchain UI
    • Job Board
  • Official Website
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  1. Resources

Glossary

We may use some technical or infrequent words throughout our documentation and other resources. We do our best to thoroughly record all terms that may need further explanation in this page.

Decentralized Finance (DeFi)

Decentralized Finance are financial tools running on top of a decentralized ledger. For example, decentralized exchanges, lending/borrowing platforms, automated market makers (like Uniswap), and hedge funds. DeFi has the potential to replace global financial systems with a more democratic, competitive system built by a new generation of innovators.

PreviousXCM

Last updated 4 years ago