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Crypto Terms:  Letter P

What is Peg?

Meaning:
Peg - a specified price used to determine the exchange rate between two assets; in crypto – a fixed asset price tied to a token.
easy
2 minutes

Let's find out Peg meaning, definition in crypto, what is Peg, and all other detailed facts.

In traditional markets, a peg is the specified price that traders use to set the exchange rate between two assets. A peg is often used to determine the fixed exchange rate for trading two foreign currencies.

The opposite of peg is floating, which refers to currencies that do not have a hard price target and follow monetary policies with more lenience.

Peg can be used as both an economic and political tool as it encourages trade relationships between different nations and helps stabilize macroeconomic activities.

In crypto, a peg is the fixed price that a cryptocurrency token tries to maintain. Pegged tokens are known as stablecoins. Usually, the value of crypto assets is pegged to fiat currency.

Stablecoins like Tether (USDT), USD Coin (USDC), DAI, and FRAX are pegged to the value of $1 per coin. The value of the dollar is considered to be soft-pegged to the consumer price index (CPI).

The pegged value of a stablecoin is maintained by contracting or diluting its total supply. Stablecoin can be minted or burned until it reaches the value of the desired peg. The minted tokens are collaterally backed.

The value of algorithmic stablecoins is maintained automatically by employing smart contracts to reduce or increase the supply of the tokens as needed.

cryptocurrency world, <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-stablecoin/">stablecoins are the current type of pegging. A stablecoin is a cryptocurrency whose value is tied to a real-world asset, such as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-fiat/">fiat money.&nbsp;<\/p>\n<p>There are numerous initiatives that use stablecoins, and they serve a crucial purpose in an industry that is recognized for its significant price fluctuation. Stablecoins make it simple to transfer crypto coins into fiat currency. Stablecoins can also help to tackle <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-liquidity/">liquidity problems on <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-exchange/">cryptocurrency exchanges<\/strong><\/strong><\/a>, and the technology can pave the way for new financial services, like loans and insurance, to be introduced inside the cryptocurrency ecosystem.<\/p>\n<p>Moreover, a pegged currency has advantages because it is a necessary foundation for a government that wants to maintain legitimacy and consistency in monetary policy, which is particularly important in impoverished and unstable countries.<\/p>\n<p>Besides, companies can obtain a strategic advantage in international markets over competitors that incur currency risk. Countries that do not implement currency pegs, on the other hand, are vulnerable to foreign influence, which leads to trade disparities where automatic exchange rate adjustments may be hard to achieve. A modest divergence from the norm might also result in severe anticipatory attacks.<\/p>","definition":"describes the process by which a country links or pegs its exchange rate to another currency, group of currencies, or other monetary indexes.","status":"published","meta_title":"What is Pegged Currency? Definition & Meaning | Crypto Wiki","meta_description":"Pegged Currency meaning: Pegged Currency - describes the process by which a country links or pegs its exchange rate to another currency, group of currencies, or other monetary indexes.","meta_keywords":null}" :prev-section="{"id":627,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Peer-to-peer_lending","level":"hard","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-12-07T19:46:44.000000Z","slug":"what-is-peer-to-peer-p2p-lending","title":"What is Peer-to-Peer (P2P) Lending?","section":"P","keyword":"Peer-to-Peer (P2P) Lending","content":"<p>In the crypto sector, <strong>Peer-to-Peer (P2P) Lending<\/strong>, crowdlending, or social lending is a method of borrowing or lending virtual assets without the interference of a middleman. The exchange usually goes through an intermediary platform, also referred to as a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-peer-to-peer-p2p/">P2P platform.<\/p>\n<p>In order to understand peer-to-peer lending, let&rsquo;s have a deeper look at a traditional model of giving out loans. Let&rsquo;s say, you&rsquo;d like to borrow some money, so you go to a bank where you&rsquo;re asked to fill out the forms, provide the necessary documents, and submit your application. If you qualify for a loan, then the bank will explain its terms and give you an offer.&nbsp;<\/p>\n<p>If you agree to the terms, the bank will then obtain the funds from one of the two sources:<\/p>\n<ol>\n<li>Central bank;<\/li>\n<li>Bank deposits from their own customers like saving accounts.<\/li>\n<\/ol>\n<p>The main issues with borrowing from a financial institution like a bank are:<\/p>\n<ul>\n<li>Lots of determining factors that you won&rsquo;t be able to change quickly to qualify for a loan like <strong>low credit score and insufficient credit history<\/strong>;<\/li>\n<li>You&rsquo;ll end up paying much more due to the relatively high-interest rates;<\/li>\n<li>Traditional banks can feel outdated and, in turn, be slow in handling your case and responding to your queries.<\/li>\n<\/ul>\n<p>Overall, there is traditional P2P lending and cryptocurrency P2P lending.&nbsp;<\/p>\n<p>Traditional peer-to-peer lending can be defined as the exchange of fiat currencies without an intermediary. For example, the pound sterling (GBP), the euro (EUR), the US dollar (USD), or the Japanese yen (YEN), among many others, are considered to be fiat currencies since they are backed by the government.<\/p>\n<p>In the case of traditional lending, there are various platforms that connect potential investors and borrowers. It includes Peerform, Upstart, Funding Circle, and others that make their platforms appealing by offering the best interest rates, fewer fees, and various types of loans. They first appeared in 2005. These types of <strong>lending platforms allow a lot more flexibility and wiggle room for the borrowers since many of them target a specific type of borrower<\/strong>. For example, startups or small businesses. Plus the process is generally quicker than if you were to go through a financial institution such as a bank.&nbsp;<\/p>\n<p>The P2P lending market struck gold once the cryptocurrency market was introduced and began to grow in popularity.&nbsp;<\/p>\n<p>The <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-blockchain/">blockchain technology that backs cryptocurrencies is the key feature that enables P2P lending and eliminates the need for an intermediary. In this case, both parties engage in a trustless transaction. This means that loans are backed by <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-smart-contract/">smart contracts<\/strong><\/a> that are completed based on the terms both parties, the lender and the borrower, agreed to.&nbsp;<\/p>\n<p>Cryptocurrency peer-to-peer lending started gaining momentum after Ethereum was launched in 2015. Nowadays, it&rsquo;s usually referred to as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-defi/">decentralized finance (DeFi)<\/strong><\/strong><\/a> that&rsquo;s based on smart contracts and is widely used within the crypto community.<\/p>\n<p>In the crypto sector, peer-to-peer lending is utilized differently than the traditional solution. Although, they do have their similarities.<\/p>\n<p>The main similarity between traditional and cryptocurrency P2P lending is that both require <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-collateral/">collateral. When it comes to crypto, collateral generally is either a fiat currency or a digital asset. It&rsquo;s usually held in an agreed-upon smart contract by the chosen platform that acts as an intermediary.<\/p>\n<p>Moreover, the collateral provided acts as a metric in deciding the maximum possible loan. It&rsquo;s also referred to as the collateral ratio or collateral factor. The collateral ratio is necessary for this type of P2P lending since creditworthiness is a factor that&rsquo;s impossible to evaluate. That&rsquo;s because in most cases, both parties choose to remain anonymous.<\/p>\n<p><strong>In cryptocurrency P2P lending<\/strong>, the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-know-your-customer-kyc/">KYC process is not required so the identities of both parties usually remain unknown. Therefore, it&rsquo;s not possible to establish what kind of past credit history an individual might hide, or their creditworthiness in general.&nbsp;<\/p>\n<p>Much like in traditional banks, both parties agree on an interest rate for the loan. This way the lenders, also known as investors, earn interest.&nbsp;<\/p>\n<p>There are also some cryptocurrency P2P lending platforms that try to incentivize lenders by offering bonuses. By doing this, these websites hope to gain more traffic and maintain the ecosystem.&nbsp;<\/p>\n<p>Blockfi, Aave, Celsius Network, and Binance are among some of the most well-known cryptocurrency peer-to-peer lending platforms on the market today.<\/p>\n<p>The main downside is that the process of lending using this method is a bit complex. Therefore, it can take a longer time to learn the ins and outs of the platform in question. Additionally, the majority of crypto P2P lending websites are not intuitive to use.<\/p>\n<p>Plus some of them have been under cyber-attacks which resulted in financial losses and continued to raise questions regarding the security of these platforms.&nbsp;<\/p>\n<p>We can expect these platforms to improve as the popularity of cryptocurrencies continues to grow.<\/p>","definition":"removes the need for a middleman during the process of lending digital assets.","status":"published","meta_title":"What is Peer-to-Peer (P2P) Lending? Definition & Meaning | Crypto Wiki","meta_description":"Peer-to-Peer (P2P) Lending meaning: Peer-to-Peer (P2P) Lending - removes the need for a middleman during the process of lending digital assets.","meta_keywords":null}" :model="{"id":592,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Fixed_exchange_rate_system","level":"easy","author_id":1,"created_at":"2023-06-19T06:59:00.000000Z","updated_at":"2023-12-07T19:48:33.000000Z","slug":"what-is-peg","title":"What is Peg?","section":"P","keyword":"Peg","content":"<p>In traditional markets, a peg is the specified price that traders use to set the exchange rate between two assets. A peg is often used to determine the fixed exchange rate for trading two foreign currencies.<\/p>\n<p>The opposite of peg is floating, which refers to currencies that do not have a hard price target and follow monetary policies with more lenience.<\/p>\n<p>Peg can be used as both an economic and political tool as it <strong>encourages trade relationships between different nations<\/strong> and helps stabilize macroeconomic activities.<\/p>\n<p>In crypto, a peg is the fixed price that a <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-cryptocurrency/">cryptocurrency token tries to maintain. Pegged tokens are known as <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-stablecoin/">stablecoins. Usually, the value of crypto assets is pegged to <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-fiat/">fiat currency<\/strong><\/strong><\/a>.<\/p>\n<p>Stablecoins like <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//buy-tether-usdt/">Tether (USDT)<\/strong><\/a>, USD Coin (USDC), DAI, and FRAX are pegged to the value of $1 per coin. The value of the <strong>dollar<\/strong> is considered to be <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-soft-peg/">soft-pegged to the <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-consumer-price-index-cpi/">consumer price index (CPI)<\/strong><\/a>.<\/p>\n<p>The pegged value of a stablecoin is maintained by contracting or diluting its total supply. Stablecoin can be <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-minting/">minted or <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-burning/">burned until it reaches the value of the desired peg. The minted tokens are collaterally backed.<\/p>\n<p>The value of algorithmic stablecoins is maintained automatically by employing <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-smart-contract/">smart contracts<\/strong><\/a> to reduce or increase the supply of the tokens as needed.<\/p>","definition":"a specified price used to determine the exchange rate between two assets; in crypto \u2013 a fixed asset price tied to a token.","status":"published","meta_title":"What is Peg? Definition & Meaning | Crypto Wiki","meta_description":"Peg meaning: Peg - a specified price used to determine the exchange rate between two assets; in crypto \u2013 a fixed asset price tied to a token.","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 Techniques","status":"published","modified_content":null},{"chapter_id":6,"order":12,"slug":"what-is-an-oracle-in-crypto","title":"Crypto Oracles: The Link Between Blockchain and Outside World Data","status":"published","modified_content":null},{"chapter_id":6,"order":13,"slug":"crypto-gambling","title":"The Peculiarities of Decentralized Crypto Gambling","status":"published","modified_content":null},{"chapter_id":6,"order":14,"slug":"what-is-the-metaverse","title":"Metaverse: A New Perception of Reality","status":"published","modified_content":null}]},{"id":7,"title":"Trading & Investing","slug":"trading-and-investing","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-crypto-trading.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/crypto-trading-101.jpg","rating":80,"sections":[{"chapter_id":7,"order":1,"slug":"where-to-trade-crypto","title":"Where Can You Trade Cryptocurrencies?","status":"published","modified_content":null},{"chapter_id":7,"order":2,"slug":"how-to-invest-in-crypto","title":"Investing in Crypto: What Investing Options Do You Have?","status":"published","modified_content":null},{"chapter_id":7,"order":3,"slug":"ico-vs-ido","title":"ICO vs IDO vs IEO: Which One is the One?","status":"published","modified_content":null},{"chapter_id":7,"order":4,"slug":"what-is-an-airdrop","title":"What are Crypto Airdrops and How to Get Them?","status":"published","modified_content":null},{"chapter_id":7,"order":5,"slug":"how-to-get-free-crypto","title":"How to Get Free Crypto Assets?","status":"published","modified_content":null},{"chapter_id":7,"order":6,"slug":"how-to-arbitrage-crypto","title":"What is Crypto Arbitrage: The Main Principles","status":"published","modified_content":null},{"chapter_id":7,"order":7,"slug":"what-is-a-perpetual-contract","title":"Perpetual Contracts: Futures Contracts Without an Expiration 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