📚Glossary

Definitions of key terms.

$APLS (APLS Token): The native utility token of the Antipulse ecosystem used for transactions, rewards, governance voting, and other utilities within the platform.

$XPULSE (XPULSE NFT): A unique NFT part of the Antipulse ecosystem offering various utilities and benefits within the platform.

Advanced Reputation System (ARS): A system within the Antipulse ecosystem that assigns and manages reputation scores for participants based on their actions and contributions, influencing their influence and rewards within the DAO.

Blockchain: A decentralized and distributed digital ledger technology used for recording transactions across multiple computers in a way that prevents alteration retroactively.

DAO (Decentralized Autonomous Organization): A governance model powered by blockchain where rules are encoded as computer programs and financial transactions and decisions are maintained on a blockchain.

Deflationary Token Model: A tokenomic model where the supply of tokens decreases over time through mechanisms like token burns, typically intended to increase scarcity and potentially value.

NFT (Non-Fungible Token): A type of cryptographic token representing a unique asset or utility on a blockchain, distinguishable and not interchangeable with other tokens.

Smart Contracts: Self-executing contracts with the terms of the agreement between buyer and seller directly written into lines of code, stored and replicated on the blockchain, and supervised by the network of computers that run the blockchain.

Staking: The process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain. On these blockchains, anyone with a minimum-required balance of a specific cryptocurrency can validate transactions and earn Staking rewards.

Tokenomics: A term that refers to the economics of a token, including its supply, distribution, and how it can be used to incentivize positive behaviour in the network.

Voting Rights: In the context of a DAO, voting rights are typically afforded to token holders, allowing them to propose, vote on, and implement changes to the platform.