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Crypto Terms:  Letter M

What is Monetary Authority of Singapore (MAS)?

Meaning:
Monetary Authority of Singapore (MAS) - is the central bank of Singapore that oversees the money supply and maintains the inflation rate, currency value, and interest rates.
medium
3 minutes

Let's find out Monetary Authority of Singapore (MAS) meaning, definition in crypto, what is Monetary Authority of Singapore (MAS), and all other detailed facts.

The Monetary Authority of Singapore (MAS) is basically the banker to the government.

The main goals of the Monetary Authority of Singapore are to enhance and ensure financial security, as well as promote price stability.

Besides the main purposes of controlling foreign reserves and tracking actual inflation rates at the same time, as well as ensuring market stability, also promotes upheld economic growth.

They accomplish this through supervising monetary policy and managing financial zones, which provides them with additional decision-making power. It has a board of governors led by the finance minister that makes all decisions while taking into account all variables.

Moreover, the Monetary Authority of Singapore utilizes monetary policy to manage the inflation rates in Singapore by classifying a target inflation rate or arranging it to be either higher or lower compared to what would typically happen with the absence of intervention. Its inception took place in 1971, and it has operated well to meet these goals.

Supports Blockchain-Based Startups and Fintech

The Monetary Authority of Singapore (MAS) has policies that are considered to be very pleasant for blockchain-based fintech startups. They are fuelling the cryptocurrency and blockchain revolution.

Furthermore, MAS has pioneered this new phase in finance by enacting policies that encourage development while safeguarding customers from scammers.

It acknowledges and governs fintech businesses that utilize blockchain technology to simplify lives in a variety of industries and accomplish its aim of stable growth through creative solutions such as money transfers or mortgage service payments, among others.

Also, the Monetary Authority of Singapore (MAS) does different roles in the sense that it not only manages the financial zone but also works with the fintech policy. Traditional banks and tech startups that offer financial services utilizing new technologies such as blockchain-based trading platforms for cryptocurrencies and digital currencies are governed by it.

The Ministry of Finance and Monetary Authority of Singapore

The Ministry of Finance and the Monetary Authority of Singapore are not the same entities, and they both govern different factors of its economy. Nevertheless, they both have essential tasks. The former works with fiscal policy, and the latter focuses on monetary policy.

Similarly, monetary policy is concerned with the economy's macroeconomic level, GDP, and unemployment rate. Macroeconomic policies have an impact on both short- and long-term growth in the economy. 

The fiscal policy identifies government spending on various projects or revenue collection attempts in order to generate a taxation method. The method effectively satisfies its requirements at any given moment, while also taking inflation rates into account the same time while making financial decisions about what kinds of taxes could exist within your country's current financial environment.

inflation rates and rising prices, as well as create an environment capable of maximizing employment.<\/p>\n<p>Monetary policies can have an impact on a domestic and global level and are <strong>continuously revised<\/strong>, particularly by financially powerful countries. The goal of establishing monetary policies is to ensure the economy is working properly and the inflation rates are under control.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-central-bank/">Central banks<\/strong><\/a> can increase <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-are-interest-rates/">interest rates<\/strong><\/a> on borrowing to discourage spending in certain circumstances. Financial authorities may leverage monetary policies to increase employment rates, stabilize prices, and establish long-term interest rates. Monetary policies can improve economic growth and stability as they expand consumer activities.<\/p>\n<p>Monetary policies can also play a role in the <strong>increase of export and decrease of import rates<\/strong>, which in turn can increase the valuation of legal tender in a country or region. Central banks have developed various tools to help implement monetary policies:<\/p>\n<ul>\n<li>Central banks can create new bank reserves that are used for trading short-term bonds in open markets. The banks can increase the money supply by buying assets and decrease it by selling;<\/li>\n<li>Central banks can <strong>adjust interest rates of loans<\/strong>;<\/li>\n<li>Central banks can impact the market movements by leveraging public announcements discussing future monetary policies.<\/li>\n<\/ul>\n<p>While each country or region has its own regulations regarding when changes to monetary policy should be made, countries with more stable economies typically set a duration after which policy changes are made.<\/p>\n<h2>Monetary Policy and Cryptocurrencies<\/h2>\n<p>Central banks act as the central authority of monetary policy and hold the monopoly of money issuance which they are granted by the national or regional law.<\/p>\n<p><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">Cryptocurrency was developed based on the principles of <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-decentralization/">decentralization, meaning that it is not controlled by one central entity. Cryptocurrencies are <strong>not issued by central banks<\/strong> by design. An increase in cryptocurrency use could significantly affect central banks and even possibly cause them to lose their monopoly.<\/p>\n<p><a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-bitcoin-btc/">Bitcoin (BTC)<\/strong><\/a>, the first cryptocurrency, was developed in 2009, right after the global financial crisis which was caused by monetary policies set in place by central banks. The <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-genesis-block/">genesis block<\/strong><\/a> of Bitcoin contained a message referencing the central bank system.<\/p>\n<p>Some institutions have established national regulations on the use and taxation of cryptocurrencies. The possibility of cryptocurrencies having monetary policies implemented by central regulatory organizations is frequently discussed and criticized in various crypto communities.<\/p>","definition":"rules established by a national or regional central bank to control the supply of money.","status":"published","meta_title":"What is Monetary Policy? Definition & Meaning | Crypto Wiki","meta_description":"Monetary Policy meaning: Monetary Policy - rules established by a national or regional central bank to control the supply of money.","meta_keywords":null}" :prev-section="{"id":839,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Decentralized_autonomous_organization","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-21T18:27:03.000000Z","slug":"what-is-moloch-dao","title":"What is Moloch DAO?","section":"M","keyword":"Moloch DAO","content":"<p>The term Moloch DAO can be used to describe various frameworks and platforms such as a DAO framework, a DAO that uses the said framework, or the original grant-giving DAO framework deployed by <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-ethereum-eth/">Ethereum./n

In general, MolochDAO has a fairly straightforward infrastructure when comparing it to the first attempts at developing DAO frameworks.<\/p>\n<p>Moloch DAO framework offers highly decentralized and distributed power and is comprised of one <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-smart-contract/">smart contract<\/strong><\/a> per DAO. It brings its attention to ease of use, security, strong protection for minority members, extensibility, and support for efficient coordination.<\/p>\n<p>Moloch DAO framework's core features include:<\/p>\n<ul>\n<li>Invitation-only. There is just a single way to join. You need to be invited in by a member and accepted by other members;<\/li>\n<li>Member votes are not equal meaning that some members have more power than others;<\/li>\n<li>Weighted voting system. Governance power can&rsquo;t be transferred over to another member;<\/li>\n<li><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-ragequit/">Ragequit. Members have the option to take their shares in return for a proportionate amount of the assets in the DAO&rsquo;s treasury.<\/li>\n<\/ul>\n<p>Members can submit proposals in order to take action and make changes. These proposals need to acquire sponsorship from a DAO member. Then, based on the number of shares each member holds, they vote on the submitted proposal. The proposal is passed if the majority of the votes are favorable.<\/p>\n<p>Since DAO does not have a set <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-quorum-governance/">quorum, members who were not present during the time of voting are given a grace period where they can ragequit if unsatisfied with the new changes. It&rsquo;s a way to protect minority members.&nbsp;<\/p>\n<p>Furthermore, members can put forward a proposal in order to grant a number of shares to new members or to increase the number of shares that are already held by an established member. Proposals are also used to transfer assets from the DAO treasury.<\/p>\n<p>Unfortunately, proposals in MolochDAO don&rsquo;t have the ability to have direct interactions with various smart contracts. In order to overcome this issue, you can install a MolochDAO contract extension also known as Moloch Minion.&nbsp;<\/p>\n<p>So far, there has been one upgrade in regards to Moloch DAO. The first upgrade, also known as Moloch V2, added new features like loot shares and a new type of proposal called Guild Kick that allows removing unwanted parties from the DAO by voting. Additionally, the first upgrade <strong>authorized Moloch DAOs to obtain and spend more than just one token<\/strong>.&nbsp;<\/p>\n<p>The next version of the Moloch DAO is still in the works. However, enthusiasts envision an addition of new capabilities and functions as well as increased flexibility within Moloch V3.<\/p>\n<p>An example of this framework is MolochDAO which is a decentralized autonomous organization that supports Ethereum infrastructural improvements. It is the first Moloch DAO.&nbsp;<\/p>\n<p>Ever since the launch of MolochDAO, this framework has been adopted by many other DAO platforms. Among them are MetaCartel, Meta Gamma Delta, and Raid Guild.<\/p>","definition":"is a term that defines either a type of DAO framework deployed by Ethereum.","status":"published","meta_title":"What is Moloch DAO? Definition & Meaning | Crypto Wiki","meta_description":"Moloch DAO meaning: Moloch DAO - is a term that defines either a type of DAO framework deployed by Ethereum.","meta_keywords":null}" :model="{"id":526,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Monetary_Authority_of_Singapore","level":"medium","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-11-21T18:29:57.000000Z","slug":"what-is-monetary-authority-of-singapore-mas","title":"What is Monetary Authority of Singapore (MAS)?","section":"M","keyword":"Monetary Authority of Singapore (MAS)","content":"<p>The Monetary Authority of Singapore (MAS) is basically the banker to the government.<\/p>\n<p><strong>The main goals of the Monetary Authority of Singapore are to enhance and ensure financial security, as well as promote price stability.<\/strong><\/p>\n<p>Besides the main purposes of controlling foreign reserves and tracking actual <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-inflation/">inflation rates at the same time, as well as ensuring market stability, also promotes upheld economic growth.<\/p>\n<p>They accomplish this through <strong>supervising monetary policy and managing financial zones<\/strong>, which provides them with additional decision-making power. It has a board of governors led by the finance minister that makes all decisions while taking into account all variables.<\/p>\n<p>Moreover, the Monetary Authority of Singapore utilizes monetary policy to manage the inflation rates in Singapore by classifying a target inflation rate or arranging it to be either higher or lower compared to what would typically happen with the absence of intervention.<strong> Its inception took place in 1971, and it has operated well to meet these goals.<\/strong><\/p>\n<h3>Supports Blockchain-Based Startups and Fintech<\/h3>\n<p>The Monetary Authority of Singapore (MAS) has policies that are considered to be very pleasant for <strong>blockchain-based fintech startups<\/strong>. They are fuelling the cryptocurrency and blockchain revolution.<\/p>\n<p>Furthermore, MAS has pioneered this new phase in finance by enacting policies that encourage development while safeguarding customers from <strong>scammers.<\/strong><\/p>\n<p>It acknowledges and governs fintech businesses that utilize blockchain technology to simplify lives in a variety of industries and accomplish its aim of stable growth through creative solutions such as money transfers or mortgage service payments, among others.<\/p>\n<p>Also, the Monetary Authority of Singapore (MAS) does different roles in the sense that it not only manages the financial zone but also works with the fintech policy.<strong> Traditional banks and tech startups <\/strong>that offer financial services utilizing new technologies such as blockchain-based trading platforms for cryptocurrencies and digital currencies are governed by it.<\/p>\n<h3>The Ministry of Finance and Monetary Authority of Singapore<\/h3>\n<p>The Ministry of Finance and the Monetary Authority of Singapore are not the same entities, and they both govern different factors of its economy. Nevertheless, they both have essential tasks. <strong>The former works with fiscal policy, and the latter focuses on monetary policy.<\/strong><\/p>\n<p>Similarly, monetary policy is concerned with the economy's macroeconomic level, GDP, and unemployment rate. Macroeconomic policies have an impact on both short- and long-term growth in the economy.&nbsp;<\/p>\n<p><strong>The fiscal policy identifies government spending on various projects or revenue collection attempts in order to generate a taxation method.<\/strong> The method effectively satisfies its requirements at any given moment, while also taking inflation rates into account the same time while making financial decisions about what kinds of taxes could exist within your country's current financial environment.<\/p>","definition":"is the central bank of Singapore that oversees the money supply and maintains the inflation rate, currency value, and interest rates.","status":"published","meta_title":"What is Monetary Authority of Singapore (MAS)? Definition & Meaning | Crypto Wiki","meta_description":"Monetary Authority of Singapore (MAS) meaning: Monetary Authority of Singapore (MAS) - is the central bank of Singapore that oversees the money supply and maintains the inflation rate, currency value, and interest rates.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master&rsquo;s degree on Economics, Politics &amp; Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US&rsquo; Western and Japan&rsquo;s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He&rsquo;s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain &amp; Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? The Pros & Cons","status":"published","modified_content":null},{"chapter_id":2,"order":4,"slug":"coin-vs-token","title":"Coin VS Token: How Do They Differ?","status":"published","modified_content":null},{"chapter_id":2,"order":5,"slug":"what-are-stablecoins","title":"What are Stablecoins, Altcoins & Wrapped Coins?","status":"published","modified_content":null},{"chapter_id":2,"order":6,"slug":"what-is-a-bitcoin","title":"Bitcoin: the Pioneer of the Crypto World","status":"published","modified_content":null},{"chapter_id":2,"order":7,"slug":"what-is-ethereum","title":"The Ultimate Blockchain for dApp Creation: Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":8,"slug":"what-is-cardano-in-crypto","title":"What is Cardano and What is It Used For?","status":"published","modified_content":null},{"chapter_id":2,"order":9,"slug":"what-is-shiba-inu-coin","title":"Shiba Inu: the Dogecoin Killer","status":"published","modified_content":null},{"chapter_id":2,"order":10,"slug":"what-is-solana-in-crypto","title":"Is Solana an Improved Version of Ethereum?","status":"published","modified_content":null},{"chapter_id":2,"order":11,"slug":"what-is-polkadot-in-crypto","title":"The Bridge Between Blockchains: Polkadot","status":"published","modified_content":null},{"chapter_id":2,"order":12,"slug":"what-is-polygon-in-crypto","title":"Polygon: the Essential Scaling Solution for Ethereum","status":"published","modified_content":null},{"chapter_id":2,"order":13,"slug":"what-is-luna-crypto","title":"The Bumpy Road of Terra (LUNA)","status":"published","modified_content":null},{"chapter_id":2,"order":14,"slug":"what-is-fantom-crypto","title":"Is Fantom (FTM) Yet Another Ethereum Killer?","status":"published","modified_content":null},{"chapter_id":2,"order":15,"slug":"what-is-aave-crypto","title":"Aave: Crypto Lending Trailblazer","status":"published","modified_content":null},{"chapter_id":2,"order":16,"slug":"what-is-algorand-crypto","title":"Did Algorand Truly Solve the Blockchain Trilemma?","status":"published","modified_content":null},{"chapter_id":2,"order":17,"slug":"what-is-olympus-dao","title":"Does Olympus DAO Have Anything to Do With Mythology?","status":"published","modified_content":null},{"chapter_id":2,"order":18,"slug":"what-is-avax","title":"Is Avalanche Network (AVAX) Rightfully Called the Future of DeFi?","status":"published","modified_content":null},{"chapter_id":2,"order":19,"slug":"what-is-monero-coin","title":"Monero: Where Cryptocurrency Meets Cryptography","status":"published","modified_content":null},{"chapter_id":2,"order":20,"slug":"what-is-ripple-xrp","title":"Is Ripple \"it\" When it Comes to Cross-Border Transactions?","status":"published","modified_content":null},{"chapter_id":2,"order":21,"slug":"practical-use-of-cryptocurrencies","title":"The Practical Use of Crypto","status":"published","modified_content":null}]},{"id":3,"title":"Crypto Exchanges","slug":"crypto-exchanges","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-exchanges.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-exchanges-101.jpg","rating":80,"sections":[{"chapter_id":3,"order":1,"slug":"how-do-cryptocurrency-exchanges-work","title":"How do Cryptocurrency Exchanges Work?","status":"published","modified_content":null},{"chapter_id":3,"order":2,"slug":"dex-vs-cex","title":"DEX VS CEX: Two Sides of the Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":3,"order":3,"slug":"crypto-day-trading","title":"Crypto Day Trading: The Difference Between Buying, Trading, and Swapping","status":"published","modified_content":null},{"chapter_id":3,"order":4,"slug":"kyc-crypto","title":"KYC & AML: The Key to Complying With Legal Industry Standards","status":"published","modified_content":null},{"chapter_id":3,"order":5,"slug":"how-to-buy-crypto","title":"From Fiat to Crypto: How to Buy Crypto for the First Time","status":"published","modified_content":null},{"chapter_id":3,"order":6,"slug":"fiat-to-crypto","title":"Taking Profits: Turning Crypto Into Fiat","status":"published","modified_content":null},{"chapter_id":3,"order":7,"slug":"how-to-use-crypto","title":"You\u2019ve Got Crypto: What Can You Do With It?","status":"published","modified_content":null}]},{"id":4,"title":"Crypto Wallets","slug":"crypto-wallets","updated":false,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-wallets.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-wallets-101.jpg","rating":80,"sections":[{"chapter_id":4,"order":1,"slug":"what-is-a-crypto-wallet","title":"What is a Crypto Wallet?","status":"published","modified_content":null},{"chapter_id":4,"order":2,"slug":"hot-wallet-vs-cold-wallet","title":"Hot Wallet VS Cold Wallet: Which One to Pick?","status":"published","modified_content":null},{"chapter_id":4,"order":3,"slug":"non-custodial-wallet","title":"What are Non-Custodial Crypto Wallets?","status":"published","modified_content":null},{"chapter_id":4,"order":4,"slug":"what-is-metamask","title":"Metamask: The Leading Non-Custodial Wallet","status":"published","modified_content":null},{"chapter_id":4,"order":37,"slug":"how-safe-is-cryptocurrency","title":"The Key Crypto Wallet Safety Practices: How Safe Can Crypto Be?","status":"published","modified_content":null}]},{"id":5,"title":"NFTs","slug":"nfts","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-nfts.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/nfts-101.jpg","rating":100,"sections":[{"chapter_id":5,"order":2,"slug":"how-to-trade-nfts","title":"NFT Trading: The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens (NFTs)?","status":"published","modified_content":null},{"chapter_id":6,"order":1,"slug":"what-is-defi","title":"What is Decentralized Finance (DeFi)?","status":"published","modified_content":null},{"chapter_id":6,"order":2,"slug":"what-is-defi-2-0","title":"DeFi 2.0: The New Version of Decentralized Finance","status":"published","modified_content":null},{"chapter_id":6,"order":3,"slug":"what-are-dapps-in-crypto","title":"What Are dApps and How Do They Work?","status":"published","modified_content":null},{"chapter_id":6,"order":4,"slug":"defi-dapps","title":"Picking the Right dApps: Dos and Don'ts","status":"published","modified_content":null},{"chapter_id":6,"order":5,"slug":"what-is-web-3-0","title":"Web 3.0: The Future of the Internet","status":"published","modified_content":null},{"chapter_id":6,"order":6,"slug":"what-are-smart-contracts","title":"What is the Core Purpose of Smart Contracts?","status":"published","modified_content":null},{"chapter_id":6,"order":7,"slug":"what-is-a-dao-in-crypto","title":"The Notion of a Decentralized Autonomous Ogranization (DAO)","status":"published","modified_content":null},{"chapter_id":6,"order":8,"slug":"what-is-staking-in-crypto","title":"What is the Goal of Staking Crypto Assets?","status":"published","modified_content":null},{"chapter_id":6,"order":9,"slug":"what-is-liquidity-pool-in-crypto","title":"What is a Liquidity Pool and How Does It Work?","status":"published","modified_content":null},{"chapter_id":6,"order":10,"slug":"what-is-automated-market-maker","title":"Automated Market Maker: the Cornerstone of the Decentralized Crypto Exchange Industry","status":"published","modified_content":null},{"chapter_id":6,"order":11,"slug":"what-is-yield-farming-in-crypto","title":"The Main Yield Farming 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