Amalgamation refers to the strategic action in the blockchain and cryptocurrency industry where two or more independent entities (such as projects, protocols, companies, or foundations) combine their respective assets, technologies, teams, and communities through acquisition, merger, or integration. Amalgamations can be categorized as horizontal (integration of similar projects) or vertical (integration of projects with different functions), resulting in complete absorption, equal mergers, or the formation
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What Is a Basis Point
A basis point (bp) is a precise unit of measurement in finance equal to 0.01% or one-hundredth of a percentage point. In financial and cryptocurrency markets, basis points are primarily used to express small percentage changes in interest rates, yields, fees, and other financial metrics, offering greater precision than simple percentage expressions.
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