| Term | Meaning |
|---|---|
| Contract address / mint | The full Solana address identifying a token |
| Principal coin | The coin a compounding strategy buys more of |
| Reward token | The asset a strategy can reinvest into the principal coin |
| Protected floor | The raw reward-token balance compounding must leave untouched |
| Delegation | An on-chain token-account permission allowing another authority to spend within an allowance |
| Keeper | A service that checks conditions and submits eligible transactions |
| Slippage | The allowed difference between a reference quote and the accepted execution result |
| Basis point (bps) | One hundredth of a percentage point; 25 bps is 0.25% |
| Liquidity pool | Program-controlled assets available for the market’s supported operations |
| LP position | Your accounting position as a liquidity provider |
| Collateral | Assets deposited to support a loan |
| Utilization | How much of the relevant lending liquidity is being used |
| Liquidation | Protocol handling of a position that no longer meets its required limits |
| Reduce-only | A restricted market mode that pauses risk-increasing actions while eligible repayments and exits follow protocol rules |
| RWA | A real-world-asset token, whose underlying rights and restrictions depend on its issuer |
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Plain-English glossary
The terms you will see while using ANVIL.
Continue with compounding or liquidity and lending.