| $PEAS | The native utility token of Peapods Finance, used for governance, protocol fees, and staking rewards. |
| $pTKN | The wrapped version of a token within Peapods Finance, enabling it to participate in volatility farming and liquidity mechanisms. |
| $TKN | The underlying asset in a Peapods liquidity pool, which can be wrapped into its corresponding pTKN for use in the protocol. |
| Arbitrage (Arb) | A trading strategy that exploits price differences between different markets or liquidity pools to make a profit. |
| Beta | An early stage of a product launch where users test functionality and provide feedback before a full release. |
| Borrowing | The act of taking out an asset (typically stablecoins or paired assets) against collateral to use in trading or liquidity farming. |
| CBR (Exchange Rate) | The exchange rate mechanism used in Peapods to determine the value of Collateral Backing Rate of pTKN:TKN over time. |
| CBR APR | The annualized percentage rate (APR) associated with the CBR mechanism. |
| Classic LP | A traditional liquidity pool where users deposit two assets in equal value to facilitate trading and earn swap fees. |
| Fixed Discount | A discount mechanism where borrowers can acquire assets at a predetermined reduced price. |
| Impermanent Loss (IL) | A temporary loss experienced by liquidity providers when the price of deposited assets changes relative to their initial value. |
| Interest Rate | The cost of borrowing an asset, determined dynamically by supply and demand in the liquidity market. |
| Isolated Lending | A lending model where risk is contained within a specific market or asset pair, preventing liquidity from being affected by external volatility. |
| Leveraged Volatility Farming (LVF) | A farming mechanism that allows users to amplify their exposure to volatility yield by borrowing paired assets without liquidation risk. |
| LVF APR | The annualized percentage rate (APR) for leveraged volatility farming positions, representing the return based on volatility yield and borrowed funds. |
| Liquidity Pool (LP Pool) | A smart contract that holds two assets, enabling decentralized trading and generating fees for liquidity providers. |
| Liquidity Provider (LP) | A user who supplies assets to a liquidity pool in exchange for a share of trading fees and rewards. |
| Meta-Vaults | Smart liquidity vaults that automatically allocate capital across different liquidity pools to optimize returns. |
| Proof-of-Demand (POD) | A mechanism where borrowers create artificial demand for liquidity, increasing utilization rates and attracting external suppliers. |
| Security Audits | Reviews of smart contract code to identify and fix vulnerabilities before deployment. |
| Self-Lending PODs (DCLP) | A borrowing mechanism that allows users to lend to themselves, instantly bootstrapping liquidity without waiting for external suppliers. |
| Soft Leverage | A borrowing structure in LVF where users increase their position size with reduced liquidation risks vs standard leverage markets. |
| Stable-Yield Farmers | Users who supply Paired Asset liquidity in exchange for yield, without taking exposure to price volatility. |
| Treasury Accrual | The process of accumulating protocol revenue to fund operations, buybacks, or incentive programs. |
| vlPEAS (Vote-Locked PEAS) | A governance token that allows holders to participate in liquidity allocation decisions and earn rewards. |
| Volatility Farming (VF) | A strategy where users earn yield based on price fluctuations of assets instead of just price appreciation. |
| Volatility Farmers | Users who borrow liquidity to farm volatility yield, profiting from price swings of an asset. |