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).
Last modified 2yr ago