A Glossary of Crypto and Blockchain Terms

Welcome to the SENB Verse Glossary — your crash course in crypto, Web3, and blockchain lingo. Whether you’re a seasoned degen or just figuring out what “HODL” means, this glossary breaks down the acronyms, slang, and tech jargon that shape the blockchain world — all without making your brain fork.

DeFi — Decentralized Finance: financial applications built on blockchain networks without banks or middlemen.
NFT — Non-Fungible Token: a unique digital asset stored on a blockchain, used for art, music, collectibles, and identity.
DAO — Decentralized Autonomous Organization: a blockchain-based governance model where token holders vote on decisions.
DApp — Decentralized Application: software that runs on a blockchain rather than centralized servers.
PoW / PoS — Proof of Work / Proof of Stake: consensus mechanisms used to validate transactions on blockchains.
CEX / DEX — Centralized Exchange / Decentralized Exchange: where crypto trading happens — either through a company (CEX) or peer-to-peer smart contracts (DEX).
L1 / L2 — Layer 1 and Layer 2: base blockchains (like Bitcoin, Ethereum, or Solana) and their scalability extensions.
TVL — Total Value Locked: the total amount of crypto held in DeFi protocols.

HODL — Originally a typo for “hold,” now a battle cry meaning “never sell.”
FOMO — Fear of Missing Out. The cause of most bad buys and meme-coin adventures.
FUD — Fear, Uncertainty, and Doubt — negative talk that scares investors or tanks markets.
Airdrop — Free token giveaway to promote a new project or reward loyal users.
Whale — A large-scale investor capable of making waves in the market.
Degen — Short for degenerate. A high-risk trader who dives head-first into experimental coins or NFTs.
Rekt — When a trade goes terribly wrong. Opposite of “made it.”
Bagholder — Someone still clutching a worthless token long after the hype died.
Wen Moon? — The eternal question: “When will my token skyrocket?”
Rug Pull — A scam where project founders vanish with investor funds.
Ape In — Jumping into an investment with little research, often driven by hype.

Blockchain — A decentralized digital ledger that records transactions across multiple computers.
Smart Contract — Self-executing code that automatically performs actions when conditions are met.
Gas Fees — Transaction costs paid to miners or validators for processing operations on a blockchain.
Tokenomics — The economic design and supply mechanics of a cryptocurrency.
Node — A computer that helps maintain a blockchain by validating and recording transactions.
Wallet — A digital tool for storing crypto assets and connecting to Web3 applications.
Private Key — A cryptographic key that grants control over your wallet. Lose it, lose everything.
Liquidity Pool — A collection of tokens locked in a smart contract to enable decentralized trading.
Staking — Locking up tokens to support a network and earn passive rewards.
Yield Farming — Earning extra crypto by lending or staking assets across DeFi platforms.
Bridge — A protocol allowing tokens or data to move between different blockchains.
Burn Address — A wallet that no one can access, used to permanently remove tokens from circulation.

Proof of Thought — A SENB community mechanic: holders submit ideas, theories, predictions, or commentary to earn rewards or recognition.
Proof of Cope — Burn-event mechanic tied to SENB culture:
Burn tokens → cope together → level up the community.
Diamond Hands — Holding through extreme volatility.
Opposite: Paper Hands (selling too early).
Copeposting — Writing memes, comments, or jokes to deal with volatility or losses.
Hopium — Blind optimism about a token.
Often appears at 3AM after too many energy drinks.
Red Candle PTSD — Emotional damage caused by watching your tokens drop in value.
Green Candle Euphoria — The irrational joy of seeing a sudden pump.
“When Lambo?” — Joke asking when a token will increase enough to buy a Lamborghini.
“Send It!” — Buy anyway. YOLO in crypto form.
CT (Crypto Twitter) — Now known as Crypto X, the chaotic frontlines where memes, alpha leaks, and degeneracy thrive.

Utility Token — Used for features, payments, or in-app mechanics (e.g., $SENB for community mechanics).
Governance Token — Used for voting, proposals, and treasury management (e.g., SENBT).
Meme Token — Driven by community, hype, and memes — not formal utility.
Stablecoin — Token pegged to a stable asset like USD.
Security Token — Represents ownership, shares, or regulated financial claims.