Professional Terminology Explanations

Term Explanation

TGE (Token Generation Event) The initial launch and distribution of the token to the public.

Cliff A vesting period during which no tokens are released (e.g., 6-month cliff).

Linear Vesting Gradual release of tokens over time on a fixed schedule.

DAO (Decentralized Autonomous Organization) Community-governed organization that controls key decisions via token-holder voting.

Staking Locking tokens to support the network and earn rewards (fee sharing in this case).

Buyback Using platform revenue to repurchase tokens from the open market, reducing circulating supply.

TVL (Total Value Locked) The total amount of assets locked in the platform’s smart contracts.

Multi-Signature (Multi-Sig) Security mechanism requiring multiple approvals for sensitive transactions.

Time-Lock Smart contract feature that prevents tokens from being transferred until a specified time.