# GLOSSARY

**• LITHO:** Lithosphere’s native token. 

**• LEP100:** Lithosphere Evolution Proposal ~~100~~ 

**• WHITE PAPER:** A guide about a specific topic and the problem that surround it. It is meant to educate readers and help them to understand and solve an issue. 

**• BLOCKCHAIN:** It is a specific type of database. It differs from a typical in the way it stores information. 

**• TOKEN:** A token represent a set of rules encoded in a set of smart contracts. Each token belongs to a blockchain address. It is essentially a digital asset that is stored securely on the blockchain. 

**• DECENTRALIZED:** They are type of cryptocurrency exchange which allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary. 

**• EVM:** Ethereum virtual machine is a computation engine which acts like a decentralized computer that has millions of executable projects. 

**• BSC:** Binance smart chain 

**• PEGGED COINS:** LEP100 tokens pegged to external assets. 

**• DAPPS:** Decentralized Applications are digital applications that run on a blockchain or peer-to-peer network of computers instead of a single computer. 

**• NFT:** A non-fungible token is a unit of data stored on a digital ledger, called blockchain, that certifies a digital asset and therefore not interchangeable 

**• INTEROPERABILITY:** The ability of computer systems or software to exchange and make use of information. 

**• ERC:** Ethereum request for comments 

**• BURN:** A process by which digital currency miners and developers can remove tokens or coins from circulation. 

**• TRACTION:** Drawing or pulling rate in a business. 

**• DEFI:** Decentralized finance 

**• CROSS CHAIN:** It is the interoperability between two relatively independent blockchains. 

**• DEX:** Decentralized exchange


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