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Token
WBTC (Wrapped Bitcoin) — bitcoin as a token
LINK (Chainlink) — the oracle-network token
UNI (Uniswap) — the exchange’s governance token
WBTC (Wrapped Bitcoin) — bitcoin as a token
"Wrapped" bitcoin that works as a token on other networks (Ethereum first of all): behind each WBTC lies real BTC held by a custodian. Why wrap bitcoin, how WBTC is issued, and why it all rests on trust in the keepers.
Token
LINK (Chainlink) — the oracle-network token
The token of the Chainlink oracle network that brings outside-world data to smart contracts. What LINK is for, how staking fits in, and why it is not a stablecoin.
Token
UNI (Uniswap) — the exchange’s governance token
The governance token of the decentralized exchange Uniswap: what a voting right gives, how a governance token differs from a stock, and why it is not guaranteed income.