DocsGlossary

Reference

Glossary

The terms used across these docs.

FDV
Fully diluted valuation: price multiplied by total supply
Pons
The coin launchpad on Robinhood Chain
Bonding curve
How a new Pons coin is priced before it graduates
Graduation
When a Pons coin’s liquidity moves to a Uniswap V4 pool
Market maker
The pool that always quotes Yes and No prices
Resolver
The contract that decides Yes or No from onchain data
Keeper
An approved service that takes price readings on schedule
Reading
One recorded price observation
Median
The middle reading, or the average of the two middle readings when their number is even
Void
Cancelling a market that cannot settle, and returning its collateral
Grace period
Seven days after the resolve time
Collateral
The ETH behind every share