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Glossary
What the words used across ZASH mean, in plain language.
| Term | Meaning |
|---|---|
| Cliff | A waiting period before any vesting tokens can be claimed. |
| Eligible voting supply | The tokens that can vote on a milestone, counted when the vote opens. Team and treasury tokens don't vote. |
| Holder redemption | What happens after a failed project's refund period ends: anyone holding the token can hand it in for a share of what's left in the vault. |
| Liquidity pool | The pot of project tokens and raise currency on PancakeSwap or Raydium that lets people buy and sell at a live price. |
| Milestone | Something the team promises to deliver by a date. Proof and a passing vote unlock the next slice of the vault. |
| Multisig | A wallet that needs more than one key to approve anything. Upgrades on ZASH need two of three. |
| Pause admin | On Solana, a key that can pause new sales and contributions in an emergency. It can never move funds. BNB Chain has no pause. |
| Raise target | How much a project has to raise by its deadline. If it falls short, the raise fails and investors get their money back. |
| Refund | Your share of the money still in the vault, paid back after a project fails. |
| Stablecoin | A token meant to stay worth one US dollar, like USDC or USDT. |
| TGE | Token Generation Event, the moment a project's token goes live. On ZASH, team tokens are never unlocked at TGE. |
| Time lock | A forced wait between approving a change and carrying it out, so everyone can see it coming. |
| Tranche | One milestone's slice of the vault. |
| Vault | The smart contract that holds the money raised and pays it out only as milestones pass. |
| Vesting | Tokens unlocking gradually over time instead of all at once. |
| Veto | On BNB Chain, the platform's Ledger can block a passed milestone within 48 hours. A veto counts as a rejection. |