b9_1155what is market maker?
a firm that keeps buy and sell orders on exchanges so a token can be traded.
projects often lend tokens to market makers on terms that are rarely public. those tokens add to the supply that can be sold.
related words
- SAFT "simple agreement for future tokens": a contract to deliver tokens later, often used in early funding.
- ponzi scheme a scheme that pays earlier investors with money from new investors.
- treasury the funds a project or foundation holds for future spending.
part of the topic whitepapers: free articles, more words and the guide.
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