Glossary

Blockchain A decentralized and distributed digital ledger records transactions across many computers, ensuring data integrity and transparency.

Canza Token ($CNZA) The native token of the Canza ecosystem, enabling liquidity, staking, rewards, and governance across various platforms.

Centralized Exchange (CEX) A cryptocurrency trading platform managed by a central authority, where users can trade, deposit, and withdraw digital assets.

Centralized Exchange Default Swaps (CXDS) A financial instrument enabling users to create credit default swaps to safeguard deposits held in centralized exchanges.

Collateral Assets pledged as security for a loan or financial obligation, which may be liquidated in the event of default.

Decentralized Finance (DeFi) A blockchain-based financial system enabling trustless and permissionless financial services through smart contracts.

Default Event A situation where a centralized exchange fails to meet its financial obligations, such as insolvency, security breaches, or operational failure.

Fiat-to-zToken Exchange Rails A feature enabling seamless conversion of traditional currencies (fiat) to zTokens within the Canza ecosystem.

Foreign Exchange (FX) The global market for trading national currencies, often marked by volatility in emerging markets.

Liquidity The availability of funds or assets to facilitate transactions in a market without significant price changes.

Mainnet The live version of a blockchain network where real transactions occur, as opposed to a testnet used for testing.

Real-World Assets (RWAs) Physical or tangible assets, such as real estate or commodities, are tokenized for trading and investment on blockchain platforms.

Stablecoin A cryptocurrency pegged to a stable asset, like a fiat currency or commodity, to reduce price volatility.

Staking Locking cryptocurrency in a protocol to earn rewards and contribute to the network's security and functionality.

Total Value Locked (TVL) The total value of assets deposited in a DeFi protocol represents its usage and liquidity.

zAssets Tokenized versions of traditional assets like currencies or commodities, facilitating seamless trading and liquidity.

zTokens Tokenized stablecoins or currencies used within the Canza ecosystem for FX trading and liquidity operations.

Yield Optimization Strategies or tools designed to maximize returns on investments, particularly in DeFi platforms.