Terminology

A blockchain-based container that holds tokenized real-world assets, fractionalized tokens (FTs), and governance settings.

A vault where only the Admin User (AU) can submit assets and control contributions.

Semi-Private Vault

A vault where only whitelisted addresses can submit assets or contribute.

Public Vault

A vault open to any user for submitting assets and contributions, as long as asset policy IDs match defined criteria.

Admin User (AU)

The creator of a vault, responsible for configuring its settings and managing its initial setup.

Fractional Token (FT)

Tokens representing fractional ownership of assets within a vault.

Governance Token (GT)

Tokens used for governance actions like staking, proposing, and voting in the platform.

Asset Window

The time period during which assets can be submitted to a vault.

Investment Window

The time period during which users can contribute ADA to a vault in exchange for fractional tokens.

Lock Phase

A governance phase where proposals are locked to prevent counter-proposals or anti-hostile actions.

Execution Phase

The phase in which the outcomes of governance proposals are executed.

Cosigning Threshold

The minimum number of co-signers required to approve a governance action before it can be executed.

Governance Authority Token (GAT)

Tokens issued to represent authority or rights tied to specific governance proposals.

Creation Threshold

The minimum percentage of the total FT supply that a user must stake to create a proposal.

Start Threshold

The minimum percentage of the total FT supply required to initiate the voting phase for a proposal.

Vote Threshold

The minimum percentage of the total staked FT supply needed for a vote to be considered valid.

Execution Threshold

The minimum percentage of the total staked FT supply needed to approve the execution of a proposal.

Liquidation Price (LP)

The percentage of the floor price or market price at which assets in a vault can be liquidated.

LBE (Liquidity-Based Event)

A valuation type where asset contributions determine the value of fractional tokens (FTs).

NFT (Non-Fungible Token)

A unique digital asset tokenized on the blockchain, often representing real-world assets or digital collectibles.

CNT (Cardano Native Token)

A native token built on the Cardano blockchain, which can represent assets or serve utility purposes in a vault.

Agora Protocol

The governance protocol used for managing proposals, voting, and executing decisions within the platform.

Anti-Hostile Intervention

Actions taken to counter malicious or disruptive proposals during the governance process.

Policy ID

A unique identifier for Cardano assets, used to verify and whitelist NFTs or CNTs for specific vaults.

Asset Valuation

The calculated value of assets in a vault based on their floor price, DEX price, or market price at the end of the Asset Window.

RAT (Reusable Action Template)

Pre-written scripts used to configure and automate governance effects.

Fixed Valuation

A static asset valuation type where a fixed ADA amount is used for investment.

Fractionalization

The process of dividing an asset into smaller fractions, represented by tokens, to allow shared ownership or investment.