Explore topic-wise fullforms in Cryptocurrency

This section includes 8145 fullforms, each offering curated multiple-choice questions to sharpen your Cryptocurrency knowledge and support exam preparation. Choose a topic below to get started.

2701.

BSYS meaning in Cryptocurrency ?

Answer»

The philosophy of the BSYS project claims to focus more on implementation, wide experimentation, and sophisticated comprehension to achieve more realistic conclusions. BSYS CHAIN claims to be the hybrid blockchain of possibly combining Bitcoin’s ideal-decentralized system structure and usability of a centralized system. The structure claims to allow businesses to easily connect with existing businesses while maintaining decentralized system and enabling the faster implementation of blockchain innovations in the real world. reference

Full Form Category
B I S Y S Group, Inc. Business
Bellingen Shire Youth Services Community
BSYS Cryptocurrency
2702.

LUFC meaning in Cryptocurrency ?

Answer»

Fan Tokens allow fans across multiple sports verticals to exercise their share of influence within their favourite teams/leagues/clubs. Through Socios.com, fans are empowered to participate in certain club decisions, for example, choosing a goal celebration song in a football stadium, choosing which fighters should go head to head in MMA, and more. Thanks to Fan Tokens, holders receive access to once-in-a-lifetime experiences such as player meet and greets, training day events & much much more.

The growing list of partnerships launching their Fan Tokens on the Socios.com platform includes some of the biggest sporting organizations in the world such as FC Barcelona, Inter Milan, AC Milan, Manchester City, UFC, ROUSH Fenway Racing, Aston Martin, just to name a few.

reference
2706.

NFTS meaning in Cryptocurrency ?

Answer»

INFO: Full form for NFTS is NFT STARS in Cryptocurrency category
NFTS also has other full forms in other categories mentioned below.

2707.

NFTY meaning in Cryptocurrency ?

Answer»

INFO: Full form for NFTY is NFTY DeFi Protocol in Cryptocurrency category
NFTY also has other full forms in other categories mentioned below.

2708.

NFTY meaning in Cryptocurrency ?

Answer» What Is NFTY Network (NFTY)?

NFTY Network is a decentralized NFT ecosystem, built to facilitate various innovations in the NFT space. With a suite of core products, NFTY Connect and NFTY Launch, NFTY Network is the bridge between the product ecosystem powering the NFTY utility token.

NFTY is the native utility token that is used for: * Fees for token gate creation and management * Rewards for accessing and engaging with token gates * Used for governance votes to determine how network resources are allocated.

How Many NFTY Coins Are There in Circulation?

There is 40M tokens owned by over 4000 holders across ETH and BSC. 60M NFTY tokens are in total circulation including 20M tokens in liquidity pools.

Who Are the Founders of NFTY Network?

NFTY Network was founded by the CEO Digital Lawrence, the COO Tytaninc, and the CTO Kevin Caffrey.

The three founders worked together for years in the crypto industry supporting other projects before developing tools to help facilitate NFT utility across layer 1 and layer 2 chains.

This project became what is now the NFTY Network, and employs more than 20 employees with 10 core team members.

Digital Lawrence is well known in the crypto community for his expeditions across the world to crypto conferences in Asia, Europe, and across the US. He has developed a deep network that spans across many nations, and many niches of the crypto market.

Ty Blackard AKA "Tytaninc." in the crypto community, has spent 3+ years in the crypto industry. He traveled all over Asia in 2019 networking with some of the greatest minds in crypto. His background is in media, business development, and strategy.

Kevin Caffery has been engineering in and around the blockchain industry with a fascination for Web 3 technology for over 3+ years. Kevin developed the core authentication product for NFTY Protocol from scratch.

Where Can I Buy NFTY Network (NFTY)?

NFTY is available for trading on two exchanges, with cryptocurrency and [stablecoin] pairs currently available.

You can purchase $NFTY on ApeSwap for Binance Smart Chain, or you can purchase on Uniswap for Ethereum.

ApeSwap: https://info.apeswap.finance/pair/0x884be30e2c95b9cfed614ad2b5edf40af2a144ad

Uniswap: https://v2.info.uniswap.org/token/0xE1D7C7a4596B038CEd2A84bF65B8647271C53208

reference
2709.

OUSD meaning in Cryptocurrency ?

Answer»

INFO: Full form for OUSD is Origin Dollar in Cryptocurrency category
OUSD also has other full forms in other categories mentioned below.

2710.

TBTC meaning in Cryptocurrency ?

Answer»

INFO: Full form for TBTC is tBTC in Cryptocurrency category
TBTC also has other full forms in other categories mentioned below.

2711.

TRYB meaning in Cryptocurrency ?

Answer»

INFO: Full form for TRYB is BiLira in Cryptocurrency category
TRYB also has other full forms in other categories mentioned below.

2712.

TRUTH meaning in Cryptocurrency ?

Answer»

INFO: Full form for TRUTH is Truth Technology in Cryptocurrency category
TRUTH also has other full forms in other categories mentioned below.

2713.

YON meaning in Cryptocurrency ?

Answer»

What is YESorNO (YON)?

Launched at the end of year 2018 in the gaming industry to validate its product market fit (with a free to play approach first / no money) on an industry led by historical leaders, YESorNO is now preparing its launch as a Dapp, by T2 2022, with its coin YON. From 2019 on, YESorNO has been backed by business angels thanks to a first fund raising, and nearly 5,000 from various countries have joined the project in september 2021 to participate in the development of the Dapp project. Managed by an internationally experienced team based in France, YESorNO will be a dapp that intends to offer a new user experience in the betting industry (playing money now), where traditional operators usually enable their members to place their bets only on the plateform content, and majorly on sports. YESorNO will enable its members to play with its coin YON, on the bets created by the community, on any kind of topic. To learn more about the history and the forecasts of the project, please take a look at our website and white paper : https://yesorno.bet

Who Are the Founders of YESorNO (YON) ?

YESorNO was founded by Gilles Feingold, who was the founder of several innovative projects for 25 years now. One of the main co-founders/associates, Pierre Klein, was a manager of Betclic (european leader in the betting industry). The rest of the team is composed of experts in the blockchain (both on technical and marketing aspects) and legal betting area.

What Makes YESorNO Unique?

YESorNO is a dapp that enables its users to create bets by themselves (instead of the traditional industry approach where you may only bet on the bets of the operators). Moreover, while you usually bet on sports and for example on the name of teams and on very formatted bets for example, on YESorNO, the players will have the possibility to bet only by using YES or NO choices, and on 2 “proprietary” formats of betting : a 60 characters maximum sentence or a video. This new kind of approach of betting on our alpha app has generated 30 millions bets with its community of 100,000 ‘test players” from may 2019 to september 2021. From that starting point, the platform is organized to give a special place to the members, and not only reward those who win on a bet. The participants and those who create some value for the app and its members (by sharing the content, by participating to the consensus at the end of the bet to get the final result, or just by holding their tokens), will be rewarded with YON for that. More generally, those who contribute to the life and value of the app, will take advantage of being part of the project. A part of the tokenomics is representative of this vision and the distribution of some of the coins. The revenue generated by the advertising on the app will be dispatched between the platform and its members, and a certain number of coins will also be distributed each month to reward the community through a dedicated community fund, on the same kind of principle than Bitcoin that is remunerating people who help the network. YESorNO, as one of the first movers in the betting industry on the blockchain, will try, thanks to its vision and original approach, to take the leadership of a 150 billion dollars worldwide market.

How Many YESorNO (YON) Coins Are There in Circulation?

There is a maximum supply of 9 billion YON — but at the fisrt listing, there will be a circulating supply of about 1 billion. Three rounds of public sales of YESorNO tokens were held between Juily 2021 and September 2021. YESorNO price during its pre-launch sale was $0.003.

Where Can You Buy the YESorNO token (YON)?

From December 3, 2021, you may buy YoN on Pancakeswap.

reference
2714.

TUSD meaning in Cryptocurrency ?

Answer» What Is TrueUSD (TUSD)?

TrueUSD is a U.S. dollar stablecoin pegged to USD at 1:1. First launched to a limited investor base in January 2018, TrueUSD has since grown to incorporate almost $400 million of backed tokens as of October 2020.

TrueUSD is one of a number of cryptocurrency stablecoins administered by TrustToken, a platform for tokenizing real-world assets.

As with other stablecoins, TrueUSD aims to facilitate increased liquidity and provide cryptocurrency traders and general users with a nonvolatile asset relative to free-floating tokens such as Bitcoin (BTC).

As of October 2020, TUSD is the 38th largest cryptocurrency by market cap.

Who Are the Founders of TrueUSD?

TrueUSD is a stablecoin launched by parent company TrustToken, whose co-founder and CEO is Rafael Cosman.

Cosman has a lifelong attachment to cryptography, studying it along with artificial intelligence (AI) before working at both Google Brain and software company Palantir. He left Google to create TrustToken in 2017.

Cosman has stated that TrueUSD was always just the start of TrustToken’s product line, involving relatively little work in return for creating a high-impact asset.

At the time of launch, he noted that regular auditing of the stablecoin formed an important focus for the company, giving investors peace of mind at a time when many cryptoassets were seeing heavy volatility in the wake of the initial coin offering (ICO) phenomenon.

What Makes TrueUSD Unique?

TrueUSD aims to balance stability and utility — the main use cases of any stablecoin — with security in the form of regular attestations.

From its launch onwards, parent company TrustToken has sought to underscore the importance of independent verification of the stablecoin’s provenance. As such, the stablecoin’s appeal is geared towards larger investors looking to reduce risk, in addition to smaller private traders.

TrustToken describes TUSD as “the first regulated stablecoin fully backed by the US Dollar.”

TrueUSD is part of an ever-expanding stablecoin market, which now includes a large number of USD-backed assets. Tether (USDT) remains by far the largest, with a market cap of $15 billion as of October 2020, compared to TUSD’s $382 million.

TrustToken has entered various corporate partnerships as part of its business activities, including options for TUSD holders to increase annualized passive income returns.

Related Pages:

Learn more about Tether here.

Learn more about USD Coin here.

New to cryptocurrency? Find all the information you need with Alexandria, CoinMarketCap’s dedicated education resource.

How Many TrueUSD (TUSD) Coins Are There in Circulation?

There was around 381.9 million TUSD in circulation as of October 2020. Given its status as a stablecoin, the supply is uncapped, and will continue to expand according to demand.

There are two incarnations of TUSD available: an ERC-20 token on Ethereum and another, also known as TUSDB, a BEP-2 token on Binance Chain.

TrueUSD’s equivalent redeemability for USD is maintained via partnerships with banks and fiduciary entities.

How Is the TrueUSD Network Secured?

TrustToken aims to deliver maximum transparency using tools such as real-time auditing of TUSD’s backing and reliability.

Beyond trusting the validity of its USD peg, any security issues relate to those which affect all ERC-20 standard tokens. Transactions, for example, can suffer from abnormally high fees if gas prices on the Ethereum blockchain spike.

Where Can You Buy TrueUSD (TUSD)?

As one of the largest USD stablecoins, TUSD is freely available on major exchanges, with pairs for cryptocurrencies and other stablecoins available.

Among the largest volume currently belongs to Binance and DeFi automated market maker Curve.

New to crypto? Read our easy guide to buying Bitcoin and other cryptocurrencies."

reference
2715.

OXT meaning in Cryptocurrency ?

Answer» What Is Orchid (OXT)?

Orchid (OXT) is the native token of Orchid, a cryptocurrency-powered virtual private network (VPN).

Launched in December 2019, Orchid describes itself as the world’s first incentivized, peer-to-peer privacy network.

Its aim is to overcome internet freedom limitations by using cryptocurrency payments to allow anyone to purchase bandwidth from any participating provider. This is done using so-called probabilistic nanopayments, which occur using OXT, an ERC-20 standard token on Ethereum.

Regular payments to providers occur off-chain, allowing Orchid to avoid problems with congestion and gas fees on the Ethereum network.

The service is pay-per-use, meaning that users only have to contribute funds when they actually connect, instead of paying monthly or annual fees.

Who Are the Founders of Orchid?

Orchid’s four co-founders come from the blockchain and financial spheres. They are Dr. Steven Waterhouse as CEO, Jay Freeman, Brian J. Fox and Gustav Simonsson.

Waterhouse is a well-known figure within cryptocurrency, having also co-founded venture capital outfit Pantera Capital, which is responsible for investing in some of the industry’s most popular companies.

Freeman is the creator of Cydia, an alternative Apple App Store for jailbroken Apple devices and currently used by around 30 million jailbroken Apple products.

Fox is responsible for the creation of United States bank Wells Fargo’s first interactive online banking system in the mid 1990s.

Simonsson, meanwhile, is one of the Ethereum network’s core security developers, helping with its original launch in 2015.

According to official literature, Waterhouse became alerted to the need for internet privacy improvements after becoming the victim of a SIM-swap attack, and began researching VPN technology.

What Makes Orchid Unique?

The main idea behind Orchid is the use of blockchain technology to enhance the existing VPN experience.

Using cryptocurrency-based probabilistic nanopayments, users can benefit from anonymous VPN usage which does not rely on a centralized server and the risks associated with a particular country’s infrastructure.

As a freely-exchangeable ERC-20 token, OXT also provides a trading incentive to own and increase network value for owners.

A separate feature allows users to purchase so-called “Orchid credits” with fiat currency. In this instance, OXT cannot be withdrawn and converted elsewhere, only spent with network providers. This is designed to appeal to those who do not wish to transact in cryptocurrency.

The appeal of Orchid, however, is not just among cryptocurrency users. Developers highlight a growing trend for internet freedom in the face of mounting geopolitical tensions and local restrictions.

Web 3.0 technology is used to provide some semblance of an open internet, as it was conceived when consumer access began to go mainstream in the early 1990s.

Related Pages:

Learn more about Mysterium here.

New to cryptocurrency? Check out everything you need to know with CoinMarketCap’s educational resources here.

How Many Orchid (OXT) Coins Are There In Circulation?

OXT has a supply of 1,000,000,000 (1 billion) units. There is no inflation, but the possibility for deflation is maintained by possible token burns of OXT as part of regular network function.

Of the total supply, 51.13% are earmarked for network incentives (held in the Orchid Treasury) and other purposes. 17.3% went to investors as part of the seed Simple Agreement for Future Tokens (SAFT), 4.49% for SAFT 2a and 3.38% in SAFT 2b.

The remaining tokens will be distributed among four development teams. Multiple vesting schedules are in place, depending on the purpose and destination of the tokens.

How Is the Orchid Network Secured?

OXT is an ERC-20 standard token on Ethereum, and security risks revolve mainly around an attacker’s ability to harvest user data from Orchid itself.

Given that very little information is contained in the platform’s smart contracts used for payments, the weak links in the chain mostly lie with the user. As developers note, involving third parties in token purchases to use Orchid — for example, major exchanges — could ultimately lead to an attacker learning a user’s identity by tracing transactions to their exchange wallet.

Where Can You Buy Orchid (OXT)?

OXT is freely tradeable on major exchanges such as Binance, Kraken and Coinbase Pro, with cryptocurrency, stablecoin and fiat pairs available.

To learn more about how to purchase Bitcoin (BTC) and other cryptocurrencies, take a look here to get acquainted with the options."

reference
2716.

LUCKY meaning in Cryptocurrency ?

Answer»

Lucky Lion is a GameFi built on Binance Smart Chain, allowing users to stake in the yield farm to earn LUCKY tokens, play next-gen iGaming to win daily prizes, as well as stake their LUCKY tokens in the platform's revenue sharing pool. Additionally, users can earn exclusive collectable NFTs, or purchase them via marketplaces. reference

2718.

TOZ meaning in Cryptocurrency ?

Answer»

INFO: Full form for TOZ is TOZEX in Cryptocurrency category
TOZ also has other full forms in other categories mentioned below.

2722.

ZYD meaning in Cryptocurrency ?

Answer»

INFO: Full form for ZYD is Zayedcoin in Cryptocurrency category
ZYD also has other full forms in other categories mentioned below.

2723.

YFX meaning in Cryptocurrency ?

Answer»

YFX.COM is a cross-chain decentralized perpetual contract platform based on Ethereum, Binance Smart Chain, Huobi Ecological Chain, TRON, OKEx public chain, and Polkadot. It provides up to 100 times the perpetual contract trading BTC, ETH and other assets. Different from the common automatic market maker model (AMM), YFX.COM adopts the QIC-AMM market maker pool trading method to provide users with high liquidity and low trading slippage. YFX.COM has successfully supported layer2’s perpetual contract trading function. YFX.COM’s goal is to build a DEX that can compete with CEXs on the derivatives trading track. reference

2724.

YYE meaning in Cryptocurrency ?

Answer»

We believe through the supporting technology and innovating system, every user can instantly and naturally participate in the unlimited new energy future. This is the core concept of YYE. Now, a new energy revolution is promoting- Energy is no longer monopolized by very few people. YYE is changing the current situation of the energy market- new energy can be traded freely by the proof on decentralized crypto-account book, allowing our cost decarbonized as well as users’ property digitalized. Every user is part of the proof and owner of the energy. YYE- Your energy, your own. YYE- trillions of people, all have recourses. reference

2725.

ZOE meaning in Cryptocurrency ?

Answer»

INFO: Full form for ZOE is Zoe Cash in Cryptocurrency category
ZOE also has other full forms in other categories mentioned below.

2726.

DUSD meaning in Cryptocurrency ?

Answer»

INFO: Full form for DUSD is DefiDollar in Cryptocurrency category
DUSD also has other full forms in other categories mentioned below.

2728.

CRYPT meaning in Cryptocurrency ?

Answer»

Crypter is a hyper deflationary token with great utility. Holders of CRYPT will receive 8% of every Buy/Sell transaction in BUSD. Crypter's ecosystem will consist of a Facebook-like social network platform with integrated DAPPs (Crypter DEX, Crypter Wallet, a Sniper Bot and a Portfolio Tracker). A skill-based fighting game similar to Tekken will also be developed (ChainQuest). Crypter will eventually become the first engage-to-earn social trading platform. reference

2729.

CRYPT meaning in Cryptocurrency ?

Answer»

INFO: Full form for CRYPT is World of Cryptia in Cryptocurrency category
CRYPT also has other full forms in other categories mentioned below.

2730.

GBTC meaning in Cryptocurrency ?

Answer»

INFO: Full form for GBTC is Grayscale Bitcoin Trust tokenized stock FTX in Cryptocurrency category
GBTC also has other full forms in other categories mentioned below.

2731.

AUTO meaning in Cryptocurrency ?

Answer» What Is Auto (AUTO)?

AUTO is the native utility and governance token to the Autofarm protocol, which launched in late December 2020 on the Binance Smart Chain (BSC). Autofarm is a cross-chain yield aggregator that enables users to get a high return on their assets from yield farming pools by staking in Autofarm vaults.

Autofarm aims to be a leading DEX and yield aggregator on the Binance Smart Chain (BSC) by incorporating yield optimization and AMM aggregation as a single product: this allows users to have two products within a single platform, solving the problem of registering on multiple protocols.

Autofarm launched its first cross-chain vault on the Huobi ECO Chain in February 2021. Autofarm expanded its ecosystem in March 2021 by acquiring Farmfol.io an intelligent portfolio manager designed to simplify how users monitor and track their assets on Binance Smart Chain.

The AUTO token can be used for proposals voting and will receive fees earned from the protocol. AUTO initiated a community-fair-launched token distribution by ensuring that only vault users will have an opportunity to participate in the AUTO token vault mining programme.

Who Are the Founders of Auto?

Autofarm was founded by the pseudonymous entity known only as @mildgiraffe. Little is known about him, only that he has knowledge and experience in the crypto space and dealing with codes and smart contracts.

The total value locked (TVL) of the protocol went from $5 million to $537 million in less than two months, putting Autofarm on the third spot in TVL within the BSC ecosystem as of April 2021. Consequently, the price of Auto went up 654x during this period of time.

What Makes Auto Unique?

A major difference between Autofarm when compared to other yield farm projects like Beefy.Finance and ACryptoS is that it claims to have some of the lowest fees in the market. Autofarm also has cross-chain capabilities, initially starting out on the BSC before expanding to the Huobi ECO Chain (HECO), and more cross-chain products are planned in this roadmap.

Auto has two major products: Vaults and AutoSwap.

Vaults is a yield farming platform that compounds yields at optimal intervals and offers excellent yield optimization strategies. Vaults benefit users by socializing gas costs, automating the yield generation and compounding process.AutoSwap is a DEX aggregator that provides users the best prices for their DEX trades. It splits trades across multiple DEXes to ensure the best price value and lowest slippage.

End users do not need to be fully versed in the underlying protocols involved or DeFi. Vaults represent a passive-investing strategy similar to a crypto hedge fund, aiming to increase the deposited assets of users.

Related Pages:

Learn about Beefy.Finance.

Learn about ACryptoS.

Learn about Polkadot on CMC Alexandria.

Learn more about the world of cryptocurrencies on the CoinMarketCap blog.

How Many Auto (AUTO) Coins Are There in Circulation?

AUTO, the proprietary token of the Autofarm ecosystem, is minted linearly from Dec. 15, 2020, and the minting will end in October 2021. As of April 2021, a total of 14,600 AUTO are in circulation, with the max supply pegged at 80,000 AUTO.

The distribution of the token is as follows: 12% of the tokens generated to the development team to ensure that the protocol can keep innovating while the remaining 88% is allocated for the vault token mining program.

How Is the Auto Network Secured?

Auto is a BEP-20 token and is secured using the proof-of-stake consensus mechanism. Autofarm also performs periodic checks on its smart contracts to ensure that their vaults are not susceptible to exploits or hacks. Autofarm also has a bug bounty program in association with Immunefi, a premier bug bounty platform. The bug bounty program rewards up to $100,000 to community members and developers who detect vulnerabilities on the Autofarm smart contract.

Where Can You Buy Auto (AUTO)?

Auto (AUTO) can be traded on the following exchanges:

Binance

MXC

PancakeSwap

OpeanOcean

Make sure to read our guide on how to buy Bitcoin (BTC) and other cryptocurrencies.

reference
2732.

DCY meaning in Cryptocurrency ?

Answer»

Dinastycoin (DCY) is a cryptocurrency . Users are able to generate DCY through the process of mining. Dinastycoin has a current supply of 1,993,634,669.23928 with 0 in circulation. The last known price of Dinastycoin is 0.00129132 USD and is down -7.35 over the last 24 hours. It is currently trading on 3 active market(s) with $0.00 traded over the last 24 hours. More information can be found at http://www.dinastycoin.com/. reference

2734.

HAZE meaning in Cryptocurrency ?

Answer»

INFO: Full form for HAZE is Haze Finance in Cryptocurrency category
HAZE also has other full forms in other categories mentioned below.

2736.

GUSD meaning in Cryptocurrency ?

Answer» What Is Gemini Dollar (GUSD)?

The Gemini Trust Company (Gemini) is a digital currency exchange and custodian that allows you to buy, sell and store digital assets, founded in February of 2014. The GUSD is created by the cryptocurrency exchange Gemini.

The company received approval from the New York Department of Financial Services or NYDFS to launch the stablecoin in September of 2018. It is regarded as one of the first stablecoin, much like Paxos. The Gemini Trust Company holds USD deposits that correspond to the number of tokens that are in circulation.

When it comes to the Gemini Dollar itself, it is an ERC-20 token that is built on the Ethereum network and has smart contracts that are audited by the security company Trail of Bits Inc.

This dollar is intended to bridge the divide between traditional finance and the crypto industry, due to the fact that this specific stablecoin is completely regulated by the NYDFS.

Who Are the Founders of Gemini Dollar?

The founders of the Gemini Dollar (GUSD) are Tyler Winklevoss and Cameron Winklevoss.

Tyler Winklevoss is the co-founder and CEO at Gemini, as well as the president of WinkDex and the co-founder of Winkevoss Capital. Tyler Winklevoss is also an advisor at Rowing Blazers.

Cameron Winklevoss is the co-founder and president at Gemini, as well as the CEO of WinkDex and the co-founder of Winkevoss Capital. Cameron Winklevoss is also an advisor at Rowing Blazers.

They both graduated at Harvard University with a Bachelor of Economics in 2004 and got a Master of Business Administration (MBA) at the University of Oxford Saïd Business School.

What Makes Gemini Dollar Unique?

The Gemini Dollar is the first U.S. dollar-backed stablecoin to get backing from a U.S. regulatory body. It is an ERC-20 token that is built on Ethereum.

The Gemini Dollar differentiates from Bitcoin and other traditional cryptocurrencies in the way that it is able to maintain a steady value. This is unlike Bitcoin, for example, which can have extreme price fluctuations. To achieve this stability in terms of value, there are certain things that are deployed. This can be done through advanced computation, or binding a value to underlying assets such as flat currencies such as USD, EUR or even gold. The Gemini Dollar is designed to provide a transparent regulatory complaint connection between the traditional financial systems and the blockchain industry as a whole.

Related Pages:

Learn more about Bytom.

Learn more about Tether.

Learn about GPU mining here.

Catch up on the latest crypto news on our CoinMarketCap blog.

How Many Gemini Dollar (GUSD) Coins Are There in Circulation?

The Gemini Dollar can be traded on 41 exchanges, and had an all-time high value of $1.3435.

To verify that the necessary 1:1 peg is backed by dollars, the deposit balance at Gemini’s U.S. bank is examined on a monthly basis by LLP, BPM and independently registered public accounting firms.

How Is the Gemini Dollar Network Secured?

The Gemini Dollar is an ERC-20 token that is built on the Ethereum network. It has smart contracts that are audited by security company Trial of Bits Inc.

All of the private keys that are used to sign cryptocurrency transactions are custodied offsite in the secure, guarded and geographically distributed facilities on a cloud storage system.

The keys exist on hardware security modules also known as HSMs that meet or exceed U.S. government computer security standards such as FIPS 140–2 Level 3.

Multisignature technology, also known as multisig, is also implemented and provides an added layer of security from attacks and increased fault tolerance.

Multiple signatories are required in order to transfer funds out of cloud storage. This means that Tyler Winklevoss and Cameron Winklevoss are unable to individually or jointly transfer customer funds into or out of the hot wallet or cloud storage system.

Where Can You Buy Gemini Dollar (GUSD)?

Gemini Dollar or GUSD can be purchased, sold and traded on several exchanges, including:

Hoo

XT

DigiFinex

BitMart

OKEx

If you are interested in learning to purchase cryptocurrencies but do not know where to start, we have the perfect guide for you.

reference
2738.

DFY meaning in Cryptocurrency ?

Answer»

DeFi For You is a crypto pawnbroking platform that facilitates lending by securing crypto and NFT collateral packages in smart contracts which are released when the loan is repaid or a liquidation threshold is met.

The project is positioning itself as the leading pawnbroking platform in the crypto and NFT world.

We have also developed a system for 'Evaluators' - most of whom are licensed pawnbrokers - to connect with borrowers in DeFi and offer them crypto loans against digital or physical assets. These pawnbrokers are uniquely positioned in that they have a licensed and secure premises to store hard assets. They store the asset, issue an NFT representing it to the borrower, and then burn the NFT when the asset is reclaimed. Our dev team took inspiration from the UI of Booking.com to design the layout of featured crypto pawnshops on the platform. They also designed an on-chain reputation system for lenders and borrowers, which denotes how many transactions they have had and their record of integrity when using the platform.

We have developed an NFT marketplace with a special NFT Pawn Market integrated into it. This allows people to list NFTs for sale, auction, or pawn. It also means buyers can get great deals on NFTs that have been repossessed by lenders, who are now looking to cash in on the digital asset they have gained.

DeFi For You will be launching lending pools in Q1 2022 to increase the value of its DeFi platform. This will allow users to quickly lend and borrow from pools with interest rates determined algorithmically.

DeFi For You was founded by Adam Christopher Chaplin, who was a co-founder of Travala.com (AVA). The project is in the process of inking partnerships with major pawnbroking companies and banks to expand its reach and bring the world of pawnbroking into the crypto space.

DeFi For You is built on Binance Smart Chain and the native DFY token is a BE20 - BEP2 bridge. It is used for fees on the platform, as well as loan currency, repayment currency, and collateral for loans.

reference
2739.

CLY meaning in Cryptocurrency ?

Answer»

INFO: Full form for CLY is COLONY in Cryptocurrency category
CLY also has other full forms in other categories mentioned below.

2740.

HLTH meaning in Cryptocurrency ?

Answer»

INFO: Full form for HLTH is HLTH Token in Cryptocurrency category
HLTH also has other full forms in other categories mentioned below.

2741.

DPY meaning in Cryptocurrency ?

Answer»

INFO: Full form for DPY is Delphy in Cryptocurrency category
DPY also has other full forms in other categories mentioned below.

2742.

DKEY meaning in Cryptocurrency ?

Answer»

INFO: Full form for DKEY is DKEY BANK in Cryptocurrency category
DKEY also has other full forms in other categories mentioned below.

Full Form Category
DataKey, Inc. Business
DKEY BANK Cryptocurrency
2743.

BCX meaning in Cryptocurrency ?

Answer»

INFO: Full form for BCX is BitcoinX in Cryptocurrency category
BCX also has other full forms in other categories mentioned below.

2744.

DOTX meaning in Cryptocurrency ?

Answer»

INFO: Full form for DOTX is DeFi of Thrones in Cryptocurrency category
DOTX also has other full forms in other categories mentioned below.

Full Form Category
Dotronix, Inc. Business
DeFi of Thrones Cryptocurrency
U.S. Department of Transport - Federal Railroad Administration Regional
United States Department of Transportation (Federal Railroad Administration) Regional
2745.

ACX meaning in Cryptocurrency ?

Answer»

INFO: Full form for ACX is ACCESSLAUNCHER in Cryptocurrency category
ACX also has other full forms in other categories mentioned below.

2746.

ZUT meaning in Cryptocurrency ?

Answer»

Zero Utility Token is claimed to have no purpose, but its community does. It claims to be one of the only Rug-Proof smart contracts to date, this format of community building will launch DeFi to small communities.

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2747.

DRUG meaning in Cryptocurrency ?

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DopeWarZ will build upon and take inspiration from the original 1990s DopeWars gameplay but adds in an additional layer of an MMO environment and the blockchain. As you go about dealing drugs, there are various factors that impact your profits, such as law enforcement (probability of getting caught) and supply/ demand of different drugs. Additionally, MMO elements such as the ability to loot players and form clans (gangs) with other players are also present. Visually and aesthetically DopeWarz will differ from the original Dope Wars and will use a top down pixelated 2D environment to showcase the simulations happening on screen, with players being able to visualize the beautiful drug and gang infested world DopeWarZ in real time. We want to create a simulated virtual drug trade economy, where each player, according to the role played in the DopeWarZ world, can earn money through their in-game assets, based on actions within the game world.

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2748.

XOV meaning in Cryptocurrency ?

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INFO: Full form for XOV is XOVBank in Cryptocurrency category
XOV also has other full forms in other categories mentioned below.

2749.

ZOM meaning in Cryptocurrency ?

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Zoom Protocol claims to offer a smart contract-based swap/auction platform for everyone to swap tokens which includes a Fixed and Floating swap, Private OTC swaps, etc. In Zoom Protocol, sellers will be able to create a pool for swapping various ERC- 20 based assets to Ether with a set ratio and time limit (seller can end the pool before the end time ). In order to safeguard users from scams, users will have the option to verify the contracts beforehand and there will be a warning sign if the listed token contract is relatively new or rather unknown. Unlike the direct swap pools where the price is fixed, the Floating swap pools will have final price arrived for swap ratio, as per the user’s participation. The irrespective pool getting oversubscribed or undersubscribed, the final price will be calculated base on the value of Assets received and then the smart contract will execute the distribution based on the swap ratio arrived by the pool. Via Zoom Protocol, two (or more) parties can set up a private OTC pool, set the time lock, swap rate, and the whitelisted addresses who can participate, then do a safe and low-cost OTC swaps. The buyer will have the option to verify the token contracts and executed the swap once satisfied.

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