MPY Token White Paper
  • Introduction
  • Evolution Mining DeFi
  • Solid Base Of Experience
  • Vision
  • Mission
  • Innovation in Tokenomics
  • Security And Decentralization
  • Ecosystem
  • WBTC/WETH Liquidity Pool: A Technical Analysis
  • Tokenomics
    • MPY Token Distribution and Tokenomics
  • Legal Considerations
  • Glossary
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Glossary

PreviousLegal Considerations

Last updated 6 months ago

MPY Token: Utility token operating on the BNB Smart Chain, with central application in the DeFi ecosystem. Blockchain: Decentralized technology that records transactions immutably and securely.

Smart Contract: Self-executing code stored on the blockchain, which automatically executes pre-defined terms and conditions.

Liquidity Pool: Set of assets deposited in a smart contract to facilitate decentralized trading.

Volatility: Measure of the price variation of an asset over a given period.

Burning: Process of burning tokens to reduce the total supply in circulation, increasing scarcity and potential appreciation.

BNB Smart Chain: Blockchain optimized for the execution of smart contracts and fast transactions, with reduced fees.

Arbitration: A method of resolving disputes outside the traditional judicial system, mediated by an independent entity.

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