Glossary
List of terms
Liquidity Provider
Decentralized Exchange
Crypto-wallet. It is an app that allows user to handle his cryptocurrencies using private keys. He can send transactions and interact with smart contracts.
Examples include Metamask, Trust Wallet etc.
This is a ERC20 token on Ethereum blockchain. It is a governance token for xSigma DEX.
SIG LP token represents pool share in a main stablecoin pool at xSigma DEX
xSigma is a stablecoin exchange. Each trade takes a small fee, which are then accumulated and distributed in a specific way.
Staking your LP tokens is required to generate rewards.
Process of staking your LP tokens to earn SIG.
Liquidity pool, or pool, is a total of the funds held in an exchange smart-contract. Pool is used as a reserve that allows trades to process smoothly.
Automatic market maker. Specific smart contract that automatically handles liquidity to facilitate trades.
Algorithm first introduced by Curve, is an upgrade over
xy=k Uniswap solution. Better suited for stablecoins. Read more: https://www.curve.fi/stableswap-paper.pdfLast modified 2yr ago