Crypto BasicsBeginners
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Crypto Basics
Crypto BasicsWhat 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 · · 2 min read
Crypto BasicsWhat 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 · · 3 min read
Crypto BasicsWhat 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 · · 2 min read
Crypto BasicsWhat 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 · · 2 min read
Crypto BasicsWhat 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 · · 1 min read
Crypto BasicsWhat 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 · · 2 min read
Crypto BasicsWhat 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 · · 2 min read
Crypto BasicsWhat 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 · · 2 min read
Crypto BasicsWhat 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 · · 2 min read
Crypto BasicsWhat 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 · · 1 min read
Crypto Basics