Leofinance community, one of the most bubbling communities with greatness on hive blockchain, has of a truth been doing very many great things with wonders following, coupled with the fact that very many projects abound that members can participate in and key in to what leofinance has to offer in and out of hive blockchain.
To every community, there is always a mode of operation that the community uses and obeys, and in respect to that, the leofinance community is one that uses abbreviations a lot in explaining so many of their published contents, owing to the fact that most of the contents talked about here involve economy, finance, and crypto, though there might be more.
In response to this, it is of great importance that most of these abbreviations, if not all, are understood by the members to a greater extent so that the core meaning of every piece of content for which these abbreviations are used can be passed along.
Some of these abbreviations include;
AMA :Ask Me Anything. This is mostly used when there is a podcast or something close to that which will be streamed online in various platforms, like in the podcast yesterday, same word was used by boss
@khaleelkazi .
DeFI :Decentralized Finance
HODL :Hold on For Dear Life. This is used mostly when there are fluctuations on market outlook then the abbreviation is been used in advice to crypto holders to hold on and not sell for the moment.
DYOR :Do your own research
5.FOMO :This is used based on advisory issues and it is been used when their is a potential of the coin raising anytime soon, so buyers are been urged to buy so they won't miss the potential gains that might spurn out of the coin, therefore the meaning is FEAR OF MISSING OUT.
ROI :Return of investment.
TA :Technical analysis.
ATH :This is used the highest selling point of a cryptocurrency has been reached therefore the meaning of this is ALL TIME HIGH.
FUD :Fear, Uncertainty and Doubt. This is usually used when describing a negative news about a particular crypto.
LP :Liquidity provider
TVL :Total value locked . This is mostly used in DeFi protocol.
APR :Annual percentage rate. This is mostly seen on the down part of HBD though there are many places to see this.
DAO :Decentralized autonomous organization
ROA :Return on Asset
SEC :Securities and Exchange commissions.