Long Position

In finance, having a long position in a financial instrument signifies ownership of a positive quantity of that instrument, with an anticipation of its value appreciation over time. This conviction stems from the anticipation of favorable market conditions, economic developments, or fundamental strengths associated with the asset.

A long position is commonly referred to as a bullish stance.

More Definitions

Lightning Network

The Lightning Network is a solution designed to address the scalability challenges of the Bitcoin blockchain. At its core, it is a payment channel network operating at the layer-two level on the blockchain. The Lightning Network was introduced by Joseph Poon and Thaddeus Dryja in a paper published in January 2016.

Liquidity Pool

A liquidity pool is a collection of cryptocurrency locked in a smart contract, enabling quicker transactions. Liquidity pools benefit yield farming and blockchain games. They incentivize liquidity providers (LPs) who receive rewards called liquidity provider tokens (LPTs) proportional to the contribution made by LPs, usable in various ways within the DeFi network.