📖 Glossary

APY

Annual Percentage Yield. A commonly used metric for staking return rates.

Burn

Permanent removal of tokens from circulation.

Soulbound NFT

A non-transferable token used to represent wallet-linked ownership or access.

Deflation

A reduction in effective circulating supply over time, often through token burns or locks.

Staking

Locking tokens into a protocol mechanism to earn rewards or participate in ecosystem incentives.

Royalty Pool

A distribution pool used to route value toward community or ecosystem reward participants.

BEP-20

A token standard used on BNB Smart Chain.

Utility Token

A token used to access, operate, or participate in an ecosystem.

Governance

A system through which participants may influence protocol decisions, upgrades, or incentive structures.

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