#wordofthedayonleo - ken
What It Means
Ken refers to someone’s range of perception, knowledge, or understanding, and is most often used in phrases like “beyond/outside/within one’s ken.”
//The author advised the aspiring writers in the crowd to develop an authoritative voice by sticking to subjects within their ken.
Full Node
Nodes that download a blockchain’s entire history in order to observe and enforce its rules.
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#wordofthedayonleo - assail
What It Means
Assail has a number of meanings relating to violent or powerful confrontations. It can be a straightforward synonym of assault, as in "assailed by armed robbers," or it can mean "to oppose, challenge, or criticize harshly and forcefully," as in "citizens assailing the proposed changes." It can also mean "to trouble or afflict in a way that threatens to overwhelm," as in "assailed by fears." Assail can also apply to powerful perceptions: a smell that assails you, for example, is strongly noticeable and usually unpleasant. Occasionally, assailis used to mean "to encounter, undertake, or confront energetically," as in "with a deadline fast approaching, we assailed the project with renewed vigor."
//Most worthwhile achievements require that one persevere even when assailedby doubts.
Show MoreFlipping
An investment strategy where you buy something with the goal of reselling for a profit later, usually in a short period of time.
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#wordofthedayonleo - homage
What It Means
An homage is something that is done to honor someone or something. It is often used with the word pay (as in “pay homage”) to mean “to respect or honor.”
//Her latest book is an homageto her favorite city.
//The paintings in the new art gallery pay homage to women artists of the past.
Faucet
A cryptocurrency reward system usually on a website or app, that rewards users for completing certain tasks.
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#wordofthedayonleo - tendentious
What It Means
Tendentious is a formal word used disapprovingly to describe someone or something expressing a strongly biased point of view in a way that may cause argument.
//The book proved to be a tendentious account of the town's history, written to rescue the reputation of one of its less scrupulous founders.
Instamine
When a large portion of a coin’s total supply is distributed to investors shortly after launch.
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#wordofthedayonleo - burgeon
What It Means
To bourgeon is to grow or develop quickly—in other words to flourish, blossom or sprout.
//The trout population in the stream has burgeoned since the town implemented its laws against overfishing.
Rebalancing
Rebalancing is the process of realigning the weightage of a portfolio of assets that involves buying or selling assets periodically to maintain a targeted level of asset allocation & risk.
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#wordofthedayonleo - exodus
What It Means
An exodus is a situation in which many people leave a place at the same time—in other words a mass departure or emigration.
//The resort town eagerly anticipated the mass exodusfrom the cities to its beaches as summer approached.
Onchain Fiat
Onchain fiat is a first-of-its-kind, fully authorized and regulated subset of stablecoins that allows for seamless transitions between traditional bank accounts and web3.
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#wordofthedayonleo - palpable
What It Means
Something described as palpable is obvious and notable. Palpable may also be used as a synonym of tangible to describe something that can be perceived by one's sense of touch.
//The tension in the courtroom was palpable as the jury foreman stood to announce the verdict.
Non-fungible Assets
The term "non-fungible assets" describes non-fungibility within a collection of similar assets being issued by a single party.
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#wordofthedayonleo - noblesse oblige
What It Means
Noblesse oblige refers to the idea that people who have high social rank or wealth should be helpful and generous to people of lower rank or to people who are poor.
//As the inheritor of a great fortune, he was raised to have a strong sense of noblesse oblige, not only volunteering and donating to charity, but advocating for structural change to address inequality.
Liquidity Mining
Liquidity mining is a mechanism or process in which participants supply cryptocurrencies into liquidity pools, and are rewarded with fees and tokens based on their share.
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#wordofthedayonleo - gingerly
What It Means
An act or manner described as gingerly is very cautious or careful.
//It’s a delicate subject, and we need to approach it with gingerly care and tact.
//The antelope moved with a gingerly gait that suggested it was hurt.
Liquidity Pool
Liquidity pools are crypto assets that are kept to facilitate the trading of trading pairs on decentralized exchanges.
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#wordofthedayonleo - underwhelm
What It Means
To underwhelm someone is to fail to impress or excite them.
//Despite the hype, the movie underwhelmed most reviewers, who criticized its slow pace and poor special effects.
Algorithmic Stablecoin
An algorithmic stablecoin actually uses an algorithm underneath, which can issue more coins when its price increases and buy them off the market when the price falls
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