📚 DAY 12 - Learn all Crypto terms in 30 days
🔹 1. DAO (Decentralized Autonomous Organization)
→ No boss, no one controls; all decisions are made by community votes.
💡 Example: The more tokens you hold → the more voting power you have.
Projects like Uniswap and Arbitrum have their own DAOs for the community to decide the direction.
⚠️ Caution: If a whale accumulates all the tokens, they can vote according to their own wishes.
🔹 2. Launchpad (Token Launch Platform)
→ A place where new projects sell tokens for the first time (IDO), usually on major exchanges like Binance and OKX.
💡 Participants usually need to:
- Hold/stake exchange tokens
- Or win a whitelist spot
⚠️ There are good launchpads (prices x2 x3), but there are also many projects that “list and drop 5 times.”
🔹 3. Layer 2 (Scaling Layer)
→ A network running on top of Ethereum to reduce fees and increase speed (like Arbitrum, zkSync, Starknet…).
💡 If you've ever farmed airdrops → you’ve probably used Layer 2 before.
⚠️ Be careful when bridging assets → always choose official bridges to avoid hacks.
🔹 4. TVB (Token Unlocking Schedule)
→ A chart showing when the team/investors can withdraw tokens.
💡 Use token.unlocks.app to see in advance → know when tokens are at risk of being dumped heavily.
📌 Summary:
- DAO: everyone has a voice
- Launchpad: opportunity to buy early
- Layer2: fast and low fees
- TVB: avoid dump days