Reference
Glossary
Plain-language definitions of the terms used across the site and the documents.
Last updated 11 November 2026
| Term | Meaning |
|---|---|
| Cliff | A period after launch during which allocated tokens cannot be claimed. |
| Vesting | The gradual release of allocated tokens over time. |
| Slashing | A penalty that burns part of an operator stake after proven misbehaviour. |
| Mint address | The unique on-chain address of a token. Always verify it. |
| Multi-signature | A wallet that requires several approvals before funds can move. |
| Time lock | A mandatory delay between announcing and executing a protocol change. |
| U.S. person | As defined in the Eligibility page. Not eligible. |
| Devnet | A test network where tokens have no value. |