# Glosarium

1. *Akad token: Native token on Akad.Finance that is pegged to the value of gold.*
2. *Arbitrum: Blockchain protocol used by Akad.Finance to ensure Sharia compliance and provide fast and secure transaction processing.*
3. *LP rewards/Hadiah Barakah: Distribution of transaction fees from the platform to liquidity providers (LPs) who contribute to the liquidity pool.*
4. *Rupya: Stablecoin that is pegged to the Indonesian Rupiah (IDR).*
5. *Blockchain: A digital ledger that records transactions in a secure and transparent manner.*
6. *Cryptocurrency: A digital or virtual currency that uses cryptography for security and operates independently of a central bank.*
7. *Decentralized finance (DeFi): A financial system built on blockchain technology that is open, transparent, and accessible to anyone with an internet connection.*
8. *Liquidity: The degree to which an asset or security can be bought or sold in the market without affecting its price.*
9. *Smart contract: A self-executing contract with the terms of the agreement between buyer and seller being directly written into lines of code.*
10. *Stablecoin: A type of cryptocurrency that is designed to maintain a stable value relative to a specific asset or currency.*
11. *Token: A digital representation of a particular asset or utility that is typically created and managed on a blockchain.*
12. *Wallet: A software program that stores private and public keys, allowing users to send, receive, and manage digital assets.*


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