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Annual Percentage Rate.
The annualized interest rate, not accounting for compounding.
Annual Percentage Yield.
The annualized interest rate, accounting for compounding.
Bond Control Variable.
The scaling variable controlling bond prices. A higher BCV means a lower discount to bonders and higher inflation of the protocol. A lower BCV means higher discount for bonders and lower inflation of the protocol.
Deflation Control Variable.
The scaling variable governing buying pressure from the protocol. A higher DCV leads to higher buying pressure from the protocol and stronger deflation. A lower DCV leads to lower buying pressure from the protocol and weaker deflation.
Decentralized Autonomous Organisation. A governance mechanism by which decisions are more trustless and collaborative. Votes are made using a governance token, in our case sMINE.
Short for decentralized finance, DeFi is an umbrella term for peer-to-peer financial services on public blockchains.
In blockchain technology, a fork is a copy of an existing protocol, which is then usually amended to customize it, but based on the previous model.
A pre-sale options token, which is redeemable for MINE at a 1:1 ratio.
A MINE token that has been staked is converted to sMINE token. sMINE tokens are redeemable for MINE at a 1:1 ratio.
The value of the treasury controlled by the protocol. A higher value is better. POL Protocol-Owned Liquidity. The amount of its own liquidity the protocol owns. Higher is better.
The amount of funds the treasury guarantees as backing for MINE.
A stablecoin is a class of cryptocurrencies that attempt to offer price stability and are backed by a reserve asset.
Total Value Locked. The total sum of the value staked in the BiaDAO in Dollars. A growing TVL is a sign of growth.