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Roshan Dhaker

@roshandhaker

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58 Followers
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Here's a list of 100 web3 abbreviations that can help beginners navigate the space: 1. *GM*- Good morning/day 2. **APY** - Annual Percentage Yield 3. **DAO** - Decentralized Autonomous Organization 4. **DApp** - Decentralized Application 5. **DeFi** - Decentralized Finance 6. **ETH** - Ethereum 7. **ERC** - Ethereum Request for Comments 8. **NFT** - Non-Fungible Token 9. **NFTs** - Non-Fungible Tokens (plural) 10. **LP** - Liquidity Provider 11. **AMM** - Automated Market Maker 12. **BSC** - Binance Smart Chain 13. **BTC** - Bitcoin 14. **FOMO** - Fear of Missing Out 15. **FUD** - Fear, Uncertainty, and Doubt 16. **HODL** - Hold On for Dear Life 17. **ICO** - Initial Coin Offering 18. **IEO** - Initial Exchange Offering 19. **IDO** - Initial DEX Offering 20. **KYC** - Know Your Customer 21. **LTV** - Loan-to-Value 22. **MATIC** - Polygon (formerly Matic Network)
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Compare Base with Other L2s Memes, AI, and SocialFi narratives have fueled Base's growth. But which key metrics does Base lead in compared to other L2 chains? DEX Volume: Base's DEX volume is nearly double that of other L2s. With a 43% TVL growth over the past month, Base is close to overtaking Arbitrum. Transactions & Active Addresses: Transaction counts on Base have steadily risen since August, while its number of active addresses surpasses other L2s by a significant margin. Stablecoins: While total stablecoins locked on Base have slightly declined (with Arbitrum leading this metric), Base outperforms other L2s by more than five times in stablecoin transfer volume. Revenue: Over the past 90 days, Base generated more than $20 million in revenue, with a cost of revenue at $1.1 millionā€”18% lower than Arbitrum's expenses for the same income. Base currently leads other L2s in transaction count, active addresses, stablecoin transfer volume, and DEX volume.
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