An educational crypto, finance, and AI vocabulary puzzle about issuance, execution, serving speed, and agent coordination.
Stablecoin Settlement
These terms cover issuance, reserves, cash-out, and the target reference value.
- Mint: To mint is to create new tokens or coins, usually according to the rules of a protocol or issuer.
- Reserve: Reserves are assets held to support redemptions or help maintain confidence in a stablecoin.
- Redemption: Redemption is the process of exchanging a token for the asset or value it is meant to represent.
- Peg: A peg is the target value a stablecoin or currency arrangement tries to maintain.
Market Microstructure
These terms cover the market ladder, available size, execution drag, and minimum increments.
- Spread: The spread is the difference between the best bid and the best ask in a market.
- Depth: Depth is the amount of buy and sell interest available around the current market price.
- Slippage: Slippage is the difference between the expected price and the price a trade actually gets.
- Tick Size: Tick size is the minimum price step a market allows between quoted levels.
Inference Efficiency
These terms cover responsiveness, total output, grouped requests, and smaller numeric formats.
- Latency: Latency is the delay between sending a request and receiving a response from a system.
- Throughput: Throughput is the amount of work a system can process in a given amount of time.
- Batching: Batching combines multiple requests or inputs so they can be processed together.
- Quantization: Quantization reduces the precision of model numbers to save memory or speed up inference.
Agent Architecture
These terms cover structured tool access, coordination, long-lived context, and external actions.
Function CallingOrchestrationMemoryTool Use - Function Calling: Function calling lets a model request a specific tool or function with structured arguments.
- Orchestration: Orchestration is the coordination of multiple actions, tools, or services into one workflow.
- Memory: Memory is information an agent keeps so it can use relevant context across steps or sessions.
- Tool Use: Tool use is when an agent interacts with an external system to fetch data or take an action.