Glossary

APR : Annual Percentage Rate. Interest rate that will be earnt over the course of a year.

APY : Annual Percentage Yield. Interest rate of APR compounded every given time. Burn : a mechanism of token destroying in order to pump its price.

Epoch : A definite duration that is set depending of each protocol. An epoch lasts 6 hours for the paprprintr protocol.

INK : Bond token of the PaprPrintr protocol.

LP : Liquidity provider. Tool used to facilitate token trading by pairing it with another asset (i.e. BNB). Allows to earn passive income by funding a pool.

LP autolock : process of autolocking LP in a transaction. It helps reducing volatility on tokens. LP autolock happens when selling PAPR and PRNTR (Polygon Chain only)

Minting : a mechanism of token emission in order to lower its value or give more access to the users.

PAPR : algorithmic stablecoin which purpose is to get as close as possible to its $1 peg

PRNTR : Share token of the PaprPrintr protocol.

TWAP : Time-weighted average price. For the PaprPrintr protocol, the TWAP is taken over the course of a whole epoch (6 hours).