A daily crypto, finance, and AI vocabulary puzzle covering reserve mechanics, execution quality, model operations, and safety controls.
Stablecoin Settlement
These terms describe reserve checks, redemption handling, and how a peg is maintained.
- Reserve Asset: A reserve asset is a liquid asset held to support redemptions or token value.
- Attestation: An attestation is a report that verifies reserves or other claims at a point in time.
- Redemption Window: A redemption window is the period during which tokens can be converted back into value.
- Peg Drift: Peg drift is a small move away from a token's target value before a larger depeg.
Order Routing
These terms describe liquidity, slippage, and how orders move through markets.
- Bid-Ask Spread: The bid-ask spread is the gap between the best buy price and the best sell price.
- Market Depth: Market depth describes how much liquidity exists at different prices in an order book.
- Slippage: Slippage is the difference between an expected trade price and the price actually filled.
- Order Book: An order book is a list of bids and asks waiting to be matched on an exchange.
AI Model Ops
These words cover the stages that make AI systems faster, smaller, and ready for use.
- Inference: Inference is the stage where a trained AI model produces outputs from new inputs.
- Quantization: Quantization reduces numerical precision to make a model smaller or faster to run.
- Batching: Batching groups multiple requests together so a model server can process them efficiently.
- Fine-Tuning: Fine-tuning updates a base model with extra training data for a narrower task.
Protocol Defenses
These terms describe controls and failure modes that protect crypto infrastructure.
- Multisig: A multisig wallet or contract needs multiple approvals before it can move funds or execute actions.
- Timelock: A timelock delays a contract action until a preset time has passed.
- Pause Switch: A pause switch can temporarily halt protocol actions during an incident or attack.
- Reentrancy: Reentrancy is a smart-contract bug where a function can be entered again before it finishes.