An algorithmic stablecoin attempts to maintain its value through automated rules that adjust token supply based on market demand, rather than holding equivalent reserve assets.

AML (Anti-Money Laundering) refers to the laws, regulations, and procedures designed to prevent the use of financial systems for laundering the proceeds of crime.

APY, or Annual Percentage Yield, is the standardized rate of return an asset generates over a year, including the effect of compounding.

Arbitrum is a Layer 2 blockchain network built on top of Ethereum, designed to offer faster and cheaper transactions while inheriting Ethereum's security and infrastructure.

Asset backing refers to the real-world or on-chain assets held by the issuer to support the value of every token in circulation.

Asset locking refers to restricting access to funds for a defined period or condition, during which they cannot be transferred or used.

Asset segregation is the practice of keeping client or backing assets separate from the issuer's operational funds, protecting them from the issuer's other obligations.

An audit is an independent examination of a protocol's code, reserves, or operations by qualified third parties to verify accuracy and compliance with stated claims.

Backing refers to the assets or mechanisms that support a stablecoin's value and help it maintain its intended reference value.

A blockchain network is the system of connected participants and infrastructure that validates, records, and maintains data on a specific blockchain.

A blockchain is a distributed digital ledger that records transactions across a network of computers in a secure, transparent, and tamper-resistant way.

A bridge is a mechanism that enables the transfer of assets or data between different blockchain networks.

The Clarity Act is a proposed US legislative framework intended to clarify the regulatory treatment of digital assets, defining when they should be treated as securities versus commodities.

Collateralization refers to the ratio between the value of assets held in reserve and the value of tokens issued. Over-collateralization means holding more in reserves than the value of tokens issued.

Composability refers to the ability of different protocols, contracts, and tokens on a blockchain to interact and combine with each other seamlessly.