> For the complete documentation index, see [llms.txt](https://docs.gage.cash/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.gage.cash/reference/glossary.md). # Glossary | Term | Meaning | | --------------------- | ------------------------------------------------------------------------------------------------------------------------------------- | | **Borrower** | Pledges collateral, receives USDG, decides at expiry. | | **Lender** | Pays USDG now for the right to receive the cap or the collateral. | | **Deal** | One collateral, one cap, one term, one lender. | | **Listing** | A deal open at its asking price, until it is funded or cancelled. | | **Cap** | The fixed USDG amount the borrower pays to reclaim. The lender's maximum outcome in USDG. | | **Asking price** | What the lender pays to fund the deal. The cap minus the fixed cost. | | **Fixed cost** | The cap minus the asking price. What the lender earns if the borrower reclaims. Always shown as an amount and a percent for the term. | | **Term** | 7 or 21 days. Expiry is funding time plus the term. | | **Expiry** | The date and time after which the grace window begins. | | **Grace window** | The time after expiry during which only the borrower can act. 48 hours on mainnet. | | **Reclaim** | Pay the cap, take the collateral back. | | **Walk away** | Do not reclaim. Keep the USDG. The lender claims the collateral after grace. | | **Claim** | The lender takes the collateral once grace has ended. | | **Withdraw** | Take a balance the contracts owe you into your wallet. Nothing is pushed. | | **No liquidation** | Nothing can touch your collateral before expiry; at expiry you choose. | | **Lane** | Stocks or Memes. Same deal, different gate, sizing and lender line. | | **Stock Token** | An ERC-20 on Robinhood Chain tracking a tokenised stock. Raw units on-chain, scaled for display. | | **Meme** | A token with a Uniswap v4 pool against a Stock Token that passes the meme rules. | | **Position** | A Uniswap v4 liquidity position, held as an NFT by the PositionManager. | | **USDG** | The dollar stablecoin native to Robinhood Chain. The quote asset for every deal. | | **GAGE** | The launch token, sold on Pons against ETH. Pair asset of the sGAGE pool. | | **sGAGE** | The reward token. Five billion, minted once, only ever decreasing. Earned locked, dripping out over the term. Never "staked". | | **Drip** | The unlock of earned sGAGE on a quadratic curve over the deal's term, or over seven days for liquidity rewards. | | **Unlocked** | The part of a drip that can be claimed now. | | **Epoch** | One week. Reward rates, budgets and splits are set per epoch. | | **Budget** | The sGAGE a week can grant to deals of a term. When it is gone, the week is fully allocated. | | **Fully allocated** | The state of a week whose deal budget is gone. New deals earn rewards again from the next reset. | | **Pool price** | sGAGE in GAGE, set by the GAGE/sGAGE pool alone. The token's health gauge. | | **LP score** | Size times time: a position's value at the pool price accumulated per second while in range. | | **Recommended range** | A range sized from recent volatility for a week. Never "best". Holds one asset while the price is outside it. | | **Full range** | 0 to infinity. | | **Reinvest** | Turning unlocked sGAGE into a GAGE/sGAGE position in one transaction, by match or by zap. | | **Match** | Buy the GAGE needed to pair the sGAGE, from ETH or USDG in the wallet. | | **Zap** | Sell part of the sGAGE so the rest pairs. | | **Floor** | GAGE-only liquidity bands just under the market, bought with creator fees, that stand as bids for sGAGE. | | **Buyback** | Protocol fees converted to sGAGE and burned. | | **Creator fees** | The creator share of the Pons launch pool's swap fee. Half to the floor, half to operations. | | **Registry** | The one owned contract: allowlists, lanes, minimums, caps, terms, fee, pause of new deals. | ## Words gage does not use Stake or staking. Lock, for liquidity providers. Vault, as a product name. Farm. APY as the only figure. Liquidation, except in "no liquidation". Yield, where "return" or "rewards" will do. 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