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Airdrop

A method of distributing tokens, usually free of charge, to a large number of wallet addresses.

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APR

Annual Percentage Rate; the annual rate of return on an investment.

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Arbitrage

The practice of buying and selling assets to profit from price differences.

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Audit

Security review of smart contracts to ensure they operate as intended.

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Bridge

A mechanism that allows for the transfer of tokens or data between different blockchains.

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CEX

Centralized Exchange; a platform where a central entity facilitates cryptocurrency trades.

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CeFi

Centralized Finance; traditional financial systems.

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Concentrated Liquidity

Allows liquidity providers to set price ranges for their assets, optimizing capital efficiency.

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DAO

Decentralized Autonomous Organization; a governance model that allows token holders to vote on proposals.

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DEX

Decentralized Exchange; SaucerSwap and Uniswap are examples.

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DeFi

Decentralized Finance; a financial system built on blockchain technology, removing the need for traditional financial intermediaries.

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Emission

The rate at which new tokens are created and distributed in a cryptocurrency.

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EVM

Ethereum Virtual Machine; a runtime environment for executing smart contracts. Hedera is compatible with the EVM, allowing for migration of Ethereum-based contracts.

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Fees APR

The annual rate of return earned from trading fees.

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Fork

A codebase derivative; SaucerSwap V1 is a modified fork of Uniswap V2.

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Gas

A cost incurred for processing a transaction on a blockchain network. On Hedera, these fees are low and denominated in U.S. dollars.

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HBAR

Hedera’s native cryptocurrency used for transaction fees and staking.

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HBARX

An HBAR liquid staking token deployed by Stader Labs.

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Hedera

An enterprise-grade public ledger network that aims to be fast and secure, underpinning the SaucerSwap protocol.

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HTS

Hedera Token Service; enables the creation and management of tokens on the Hedera network.

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Impermanent Loss

Temporary loss of funds when providing liquidity due to price fluctuations.

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Larry

The official alien mascot of SaucerSwap.

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Liquidity

The amount of assets held in a liquidity pool to facilitate trading.

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Liquidity Mining / Yield Farming

Earning additional tokens (SAUCE and HBAR) by staking liquidity tokens in the Masterchef smart contract.

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Liquidity Pool

A smart contract that holds funds to enable trading on an AMM.

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Mainnet

The primary public blockchain where a cryptocurrency operates.

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Mirror Node

Nodes on the Hedera network that store historical data.

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Price Impact

The difference in market price caused by a trade.

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Reward APR

The annual rate of return earned from yield farming or LARI.

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SAUCE

The native token of SaucerSwap, used for governance, liquidity, and staking.

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SaucerSwap DAO

The decentralized autonomous organization governing SaucerSwap, where SAUCE tokens represent voting power.

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SaucerSwap Interface

A user interface for interacting with the SaucerSwap protocol.

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SaucerSwap Labs

The core development team behind the SaucerSwap protocol and interface.

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SaucerSwap Protocol

A suite of Hedera-native smart contracts that implement an AMM, along with features like yield farming and single-sided staking.

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Single-Sided Staking

A staking mechanism that allows users to stake a single type of asset, rather than a pair, to earn rewards. This feature is available in SaucerSwap and offers a more straightforward way to participate in staking.

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Slippage

The difference between the expected price of a trade and the executed price.

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Slippage Tolerance

The maximum allowable price movement for a trade to go through.

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Smart Contract

Self-executing contracts with the terms directly written into code.

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Stablecoin

A cryptocurrency designed to maintain a stable value, often pegged to a fiat currency.

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Staking

Participation in a blockchain or protocol to validate transactions or secure liquidity, in exchange for rewards.

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Testnet

A test blockchain used to test applications.

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Token

A digital asset that represents ownership or value within a blockchain ecosystem.

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Tokenomics

The economic model surrounding a token, detailing its distribution, utility, and how it interacts within the ecosystem.

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TVL

Total Value Locked; the total amount of assets staked or locked in a DeFi protocol.

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Volatility

The statistical measure of the dispersion of asset prices.

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Wallet

A digital tool that allows users to interact with a blockchain.