From ce1d4d685388367d209ac37a51a83a1874d430ed Mon Sep 17 00:00:00 2001
From: apo77yon <126520850+apo77yon@users.noreply.github.com>
Date: Sat, 11 Mar 2023 09:02:39 -0800
Subject: [PATCH] Update README.md

---
 MEV_and_trading/protocols/README.md | 15 +++++++++++++++
 1 file changed, 15 insertions(+)

diff --git a/MEV_and_trading/protocols/README.md b/MEV_and_trading/protocols/README.md
index 3a247f2..2fd5a29 100644
--- a/MEV_and_trading/protocols/README.md
+++ b/MEV_and_trading/protocols/README.md
@@ -15,6 +15,21 @@
 
 <br>
 
+----
+
+### basic definitions
+
+<br>
+
+* **protocol fees**: fees generated by users using a dapp as a form of income for the protocol
+* **supply-side fees**: the cost for the protocol (amount used for expenses)
+* **revenue**: protocol fees minus supply side fees
+* **token emissions**: value/cost of native tokens being inflated by the protocol (for instance, to attract users)
+* **earnings**: revenue minus token emissions (how much money the protocol has earned)
+
+<br>
+
+
 ----
 
 ### resources