Definitions

List of definitions requested by the community.

Binance Smart Chain - Binance Smart Chain (BSC) is best described as a blockchain that runs in parallel to the Binance Chain. Unlike Binance Chain, BSC boasts smart contract functionality and compatibility with the Ethereum Virtual Machine (EVM). ... It's an independent blockchain that could run even if Binance Chain went offline. - Binance Academy

Honeypot Scam - A honeypot scam is a type of scam whereby developers will create a smart contract with the inability for the token to be sold by no one other than the developer. Investors will purchase said honeypot token on a decentralized exchange however will be unable to later sell that token. The developer will then "dump" the token by selling it and therefore obtaining all the profits generated from market activity.

Moonshot - A moonshot is a rather entertain title used by the cryptocurrency community for a project (often decentralized finance token) released to the community on a particular network, most commonly the Binance Smart Chain network or Ethereum network. The title is given to projects who are deemed by the community to possibly achieve parabolic market movements driven by viral popularity or key project fundamentals.