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Crypto Basics

What is PayPal USD (PYUSD)?

PYUSD launched on 7 August 2023. Paxos issues it and holds the reserves. PayPal distributes it. The issuer can freeze an address. A balance inside the PayPal app is still PayPal’s ledger until you withdraw.EasyCryptoGuides · 10 Aug 2023 · 2 min read

Crypto Basics

What is Worldcoin (WLD)?

WLD launched on 24 July 2023 with a 10 billion initial cap. Tools for Humanity operates the app and the Orb. In October 2024 the project renamed itself World and opened World Chain. A claim site is not the app.EasyCryptoGuides · 27 Jul 2023 · 3 min read

Crypto Basics

What is Mantle (MNT)?

Mantle’s mainnet alpha opened on 17 July 2023. MNT pays fees on that rollup and is the governance token. MNT on Ethereum is an ERC-20. Withdrawing to Ethereum is a bridge, and it waits.EasyCryptoGuides · 20 Jul 2023 · 2 min read

Crypto Basics

What is GHO?

Aave minted GHO on Ethereum on 15 July 2023. Facilitators mint it up to a bucket the DAO sets. The borrow rate is a governance number, not a pool-utilisation curve. The launch discount for staked AAVE has been retired.EasyCryptoGuides · 17 Jul 2023 · 2 min read

Crypto Basics

What is First Digital USD (FDUSD)?

First Digital announced FDUSD for 1 June 2023. FD121 Limited issues it. A trust company says it holds reserves apart from its own assets. There is no fixed cap. A token in a wallet is not a dollar in your bank.EasyCryptoGuides · 2 Jun 2023 · 1 min read

Crypto Basics

What is Sui (SUI)?

Sui mainnet opened on 3 May 2023. The coin supply is capped at 10 billion. Assets are objects, not only balances in an account. A Sui address looks like an Ethereum address and will not receive ETH.EasyCryptoGuides · 8 May 2023 · 2 min read

Crypto Basics

What is Pepe (PEPE)?

PEPE is an ERC-20 with no protocol of its own. About 420.69 trillion were created on 14 April 2023. Most went into a Uniswap pool whose receipt was burned. The ticker is not the contract.EasyCryptoGuides · 18 Apr 2023 · 2 min read

Crypto Basics

What is Arbitrum (ARB)?

ARB became claimable on 23 March 2023. The supply started at 10 billion. The rollup had already been open since 2021, and the fee on it was already ETH. The claim window closed in September 2023.EasyCryptoGuides · 27 Mar 2023 · 2 min read

Crypto Basics

What is Bittensor (TAO)?

Bittensor pays miners and validators in TAO for work on subnets. The current chain, Finney, opened in March 2023. Issuance halves as supply crosses thresholds. The first cut was 15 December 2025.EasyCryptoGuides · 24 Mar 2023 · 2 min read

Crypto Basics

What is Fasttoken (FTN)?

FTN became tradable on 21 January 2023. The sale document issued 1 billion. Bahamut’s mainnet opened on 3 May 2023, and the project said the token would become the native coin. An Ethereum FTN is a different send.EasyCryptoGuides · 23 Jan 2023 · 1 min read

Crypto Basics

What is Flare (FLR)?

Flare’s chain was created in July 2022. The public distribution started on 9 January 2023, from a snapshot of XRP taken on 12 December 2020. The first slice was 15 percent. The rest was monthly, for 36 months.EasyCryptoGuides · 10 Jan 2023 · 2 min read

Crypto Basics

What is Bonk (BONK)?

BONK launched on 25 December 2022 with 100 trillion tokens. About half went out in the airdrop. The mint authority has been revoked. SOL pays the fee. A dog on a ticker is not a chain.EasyCryptoGuides · 26 Dec 2022 · 1 min read

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