Just finished reviewing these and awarded 100 prizes, one per defi term. Pretty good experiment.
$600 for a defi dictionary
$6 prize per defi term
Up to 100 prizes
1) Letโs crowdsource a defi dictionary. Here are some example terms:
- Automated market maker (AMM)
- Miner extractable value (MEV)
- Bonding curve
- Impermanent loss
- Yield farming
2) Reply below with a defi term that is *not* in the above list.
3) Each qualifying reply will receive four diamonds, about $6. Up to 100 such prizes will be awarded. You may submit more than one reply.
4) Each reply should contain exactly one (1) defi term, along with a definition and ideally a link to more info or an illustrative figure.
5) If multiple accounts submit the same term, we will first sort by the subjective quality of their post (did they include a definition + link or not?). Then, as a second tiebreaker, we will use on-chain timestamps to establish priority, and the first qualifying reply will receive the prize.
6) We will conclude after one week or 100 distinct terms have been crowdsourced, whichever comes first.