Terminology
Name | Description |
Token | A token running on the blockchain. |
SI Token (SIT) | Governance token used to govern the Social Impact Network ecosystem. |
DeFi | Decentralized finance using smart contracts. |
SI Vault | A protocol that allows staking and depositing tokens in order to generate yield and farm rewards in form of SI Token |
SI Pool | A protocol that allows investing stablecoins in a pool that generates social impact and ROI |
Deposited Tokens | Tokens deposited into a SI Pool / SI Vault used to provide social impact and earn interest |
Stablecoin | A token that is pegged to another asset (e.g. BUSD, USDT, DAI, USDC pegged to US$1) and has low volatility |
Loan Tokens | Tokens issued by a tokenized loan representing the ownership of the loan rights |
Pool Tokens | Tokens issued by a SI Pool to represent a share in the pool's deposited tokens |
LP Token | Tokens issued by a Liquidity Pool to represent share on underlying deposit tokens |
Tokenized Loan | A smart contract which includes the terms of a loan for funding a social impact project |
Liquidity Pool | A smart contract which allows adding liquidity of two or more deposit tokens in order to earn as a market maker on trading fees |
SI Treasury | A multi-sig smart contract managing the treasury of Social Impact Network |
Last modified 1yr ago