📋List of Terms

Get to know the key terms we use in our communications

• ETF - decentralized analogue to exchange traded fund, an asset representing an index of assets contained in the multipool.

• Multipool - a liquidity pool that contains a reserve of a basket of assets tracked by an ETF.

• Peg - equilibrium price of an ETF

• Deviation - a % at which the price of an underlying asset declined or grew.

• Base fee - fixed fees charged for operations bringing the ETF to equilibrium or peg.

• Deviation fee - dynamic fees charged for operations causing deviation from the peg and calculated proportionally to the deviation increase in %.

• Underlying assets - assets in the multipool

• Cashback - a portion of fees collected by the protocol and redistributed to traders for their operations aimed towards the ETF balance.

• Index: A mathematical model that determines the shares of an asset based on certain asset parameters.

• TradFi: Traditional finance.

• DeFi: Decentralized finance.

• Market capitalization: The total value of a company's outstanding shares.

• Revenue: The total income that a company generates from its business activities.

• TVL: Total value locked. The total amount of cryptocurrency that is deposited in a DeFi protocol.

• Bundle: A group of assets that are traded together.

• Portfolio management: The process of selecting and managing a group of assets.

• Commission: A platform fee charged for a service.