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Glossary

Supply, asset, trading, position, capacity, and configuration terminology for the BSC version.

Supply and spot trading

Term	Definition	Not equivalent to
Curve supply	10,000,000,000 Token, comprising 8,000,000,000 for curve sales and 2,000,000,000 for migration	Initial supply including the lending budget
Initial minted supply	11,997,367,528 Token minted at initialization; burn tax may subsequently reduce live Total supply	Permanently guaranteed circulating supply
Lending reserve	1,997,367,528 Token of separate lending inventory, minted to each token’s reserved Engine address	Token available for sale on the Factory curve
Virtual reserves	Initial pricing parameters of 11,070,367,520 Token / 6.14 BNB	Withdrawable actual assets or additional minted supply
Real sale inventory	Actual Token inventory still available for curve sales	All Token across the protocol
Migration	End curve sales, wrap BNB, fund Pair, and deploy/initialize Engine in one transaction	A separate later withdrawal by an administrator
Pair	PancakeSwap V2 contract holding actual Token/WBNB reserves	Virtual curve reserves or Oracle
LP token	V2 liquidity shares; the current migration implementation mints them to the zero address	The underlying Token itself is burned

Units, prices, and taxes

Term	Definition	Business note
BNB	Native quote asset with 18 decimals	Used for curve payments, collateral, Funding, and settlement
WBNB	Wrapped BNB with 18 decimals	Used for Pair reserves and Router trades; its balance is separate from BNB
Protocol market cap	Current spot price × 10,000,000,000 Token of curve supply	Not FDV calculated from live total supply
Ideal migration anchor	Current group `Q₀=15.998084815592369216 BNB` , and `M₀=79.990424077961846080 BNB`	Actual deposit outcome of each migration
TWAP	Capacity limit confirmed by a mature cumulative-price observation window	An automatically rolling spot price over a fixed interval
Tax Processor	Processes transaction taxes for this Token.	A tax pool shared by all Tokens
`burnTaxMode`	Mode selected at creation that directly burns part of external-market tax Token

Short selling and settlement

Term	Definition	Business note
Notional	Gross notional in BNB	Weighting basis for Funding and Legacy
Borrowed tokens	Token borrowed by the Engine from this market’s separate inventory	Debt that must be repurchased and returned
Collateral	Cumulative recorded BNB collateral deposited when opening, increasing, or adding collateral	A separately withdrawable balance while the position remains open
Margin	Current position funds in BNB; change with sale proceeds, Funding, and repurchases	Original cumulative collateral amount
Funding	Nonnegative funding driven by utilization	A two-way rate paid by external longs
Legacy	Deferred claim rights arising from specific liquidation allocations	A principal guarantee or immediate closing payout