Glossary Crypto & Web3
DeFi
Decentralised finance: lending, trading and derivatives run by smart contracts rather than by a bank or broker. Users keep custody of their assets, and also keep the risk.
Seen in our coverage of DeFi
Stories where this term does real work, rather than appearing in passing.
More from the glossary
Algorithm
A defined sequence of steps for solving a problem. In coverage of platforms it usually means…
Dividend
A share of profit paid out to shareholders, usually quarterly. Cutting one is a strong signal…
Embargo
An agreement not to publish information before a stated time, so outlets can prepare coverage of…
Lobbying
Seeking to influence legislation or regulation on behalf of an interest. Most jurisdictions require lobbyists to…