An educational crypto, finance, and AI vocabulary puzzle about peg mechanics, market data, model serving, and token supply.
Stablecoin Mechanics
These terms cover issuance, redemption, reserves, and the target price.
MintRedeemReservesPeg
- Mint: To mint a stablecoin is to create new tokens when backing or collateral is added.
- Redeem: To redeem a stablecoin is to return tokens and receive the underlying value back.
- Reserves: Reserves are the assets held to support a stablecoin's liabilities.
- Peg: A peg is the target value a stablecoin aims to track.
Oracle Data Feeds
These terms cover data sources, aggregation, and safety checks for incoming information.
OraclePrice FeedMedianizerCircuit Breaker - Oracle: An oracle brings external data, such as prices or rates, into a blockchain application.
- Price Feed: A price feed is a stream of market prices supplied to smart contracts.
- Medianizer: A medianizer aggregates multiple quotes and uses the median to reduce outlier influence.
- Circuit Breaker: A circuit breaker halts or limits activity when incoming data looks abnormal.
Model Serving
These terms cover runtime prediction, response speed, batches, and model compression.
- Inference: Inference is the step where a trained model generates an output for a new input.
- Latency: Latency is the time between a request and the model's response.
- Throughput: Throughput measures how many requests or tokens a system can handle over time.
- Quantization: Quantization compresses model numbers to reduce memory and speed up inference.
Token Supply
These terms cover release schedules, circulating supply, reward creation, and token destruction.
EmissionVestingLockupBurn Rate
- Emission: Emission is the rate at which new tokens are created and distributed.
- Vesting: Vesting releases tokens gradually over time instead of all at once.
- Lockup: A lockup is a period when tokens cannot be sold or moved.
- Burn Rate: Burn rate is the pace at which tokens are permanently removed from supply.