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Modular blockchains 101

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Glossary

446 terms, explained simply

APY (Annual Percentage Yield)

The real rate of return on an investment, accounting for compound interest over a year.

Funding rate

A periodic payment between long and short perp holders, keeping the perp price tethered to spot.

Slippage

The difference between the expected execution price and the actual one, usually caused by thin liquidity.

MEV (Maximal Extractable Value)

The value validators or block producers can capture by reordering, inserting or censoring transactions.

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