Wei
The smallest possible denomination of Ether (ETH), the currency used on the Ethereum network. Equivalent to one quintillionth of an ether.
Whale
An individual or organization that holds a large enough amount of a specific cryptocurrency that it allows them to have an impact on the market.
Whiskers
The lines extending from the colored bar in a candlestick chart that indicate the full low-high range of a trading pair within a certain time frame.
Whitelist
A list of people, computer programs or cryptocurrency addresses considered to be acceptable or trustworthy.
Wick
A line found on a candle in a candlestick chart that is used to indicate where the price of an asset has fluctuated in relation to its opening and closing prices.
Wrapped (asset)
Tokens that are pegged to a particular cryptocurrency but can operate on another blockchain network. Wrapped bitcoin or WBTC, for example, derives its value from bitcoin prices but can work on the Ethereum network.
Wrapped Ether (WETH)
An ERC-20 token that represents Ether at a 1:1 ratio, mainly used for trading purposes on decentralized platforms.
Wrapper
A data structure or software that contains ("wraps around") other data or software, so that the contained elements can exist in the newer system. The term is often used with component software, where a wrapper is placed around a legacy routine to make it behave like an object.
Yield Farming
Yield farming is the process of using decentralized finance (DeFi) to maximize returns. ‘Yield farmers’ lend or borrow crypto on a DeFi platform and earn cryptocurrency in return for their services.
ZENDIT
ZENDIT is a crypto token launchpad for new projects. It is a part of the MANTRA DAO product suite.
ZENTEREST
MANTRA DAO’s decentralised money market, which makes it easy for users to lend/borrow a wide variety of cryptocurrency assets and earn interest on their tokens.
Zen Tokens
ZenTokens are ER20 tokens which users receive for supply assets to the ZENTEREST money market on MANTRA DAO. These tokens are like a ‘receipt’ for supply assets, which can sometimes be staked.
Zero-Knowledge Proofs
A type of proof that verifies a transaction is valid without revealing any information about the transaction, adding a level of privacy while maintaining legitimacy.
Zk-Snarks
One approach to zero knowledge proofs. Stands for “Zero-Knowledge Succinct Non-Interactive Argument of Knowledge”
dApp (Decentralized Application)
Digital applications that run on a decentralised computer network instead of relying on a single computer network. Benefits of dApps include the safeguarding of user privacy, lack of censorship, and the flexibility of development. Most dApps are built on the Ethereum blockchain and are used for gaming, finance and social media.
zk-ROLLUP
A Layer 2 scalability solution that allows blockchains to validate transactions faster while also ensuring that gas fees remain minimal.
zk-SNARK
A type of highly secure cryptographic testing that uses Zero Knowledge Testing (ZKP) principles to create encrypted data that can be easily verified without revealing sensitive information about such data, and best of all, with resistance to quantum computing guaranteeing its security.
