A daily crypto, finance, and AI vocabulary puzzle covering reserve backing, order-book liquidity, model serving, and control boundaries.
Stablecoin Reserves
These terms focus on how reserve assets, audits, redemption, and parity claims support a peg.
- Reserve Backing: Reserve backing refers to the assets held to support a stablecoin's target value.
- Attestation: An attestation is a report or statement that helps verify reserves or other claims.
- Redemption: Redemption is the process of swapping a token back for the asset or value it tracks.
- Peg: A peg is a target price relationship that a stable asset tries to maintain.
Market Depth
These terms describe order-book conditions and the costs that appear when a trade gets large.
- Order Book: An order book lists outstanding buy and sell orders for a market.
- Liquidity: Liquidity is the ease of trading an asset without causing a large price move.
- Spread: Spread is the difference between the best available buy and sell prices.
- Slippage: Slippage is the gap between an expected price and the price a trade actually gets.
LLM Ops
These terms cover how models are run, optimized, and measured in production systems.
- Inference: Inference is the process of using a trained model to produce an output from new input.
- Batching: Batching combines multiple requests so systems can process them more efficiently.
- Quantization: Quantization reduces numeric precision to make models smaller or faster to run.
- Throughput: Throughput measures how much work a system can complete in a given time.
Agent Rails
These terms describe planning, tool use, memory, and sandbox boundaries for agentic workflows.
- Planner: A planner chooses the sequence of steps an agent should follow.
- Tool Calling: Tool calling is the process of asking a function or service to perform a task for the model.
- Memory: Memory is stored context that an agent can reuse across steps or sessions.
- Sandbox: A sandbox is a restricted environment that limits what code or an agent can do.