📝Glossary of Terms
APR: Annual Percentage Rate The annualized interest rate, not accounting for compounding
APY: Annual Percentage Yield The annualized interest rate, accounting for compounding
BCV: Bond Control Variable The scaling variable controlling bond prices. A higher BCV means a lower discount to bonders and higher inflation of the protocol. A lower BCV means higher discount for bonders and lower inflation of the protocol.
DCV: Deflation Control Variable The scaling variable governing buying pressure from the protocol. A higher DCV leads to higher buying pressure from the protocol and stronger deflation. A lower DCV leads to lower buying pressure from the protocol and weaker deflation.
DAO: Decentralized Autonomous Organization A governance mechanism by which decisions are more trustless and collaborative. Votes are made using a governance token, in our case sCADT.
PCV: Protocol-Controlled Value The value of the treasury is controlled by the protocol. A higher value is better.
POL: Protocol-Owned Liquidity The amount of its own liquidity the protocol owns. Higher is better.
RFV: Risk-Free Value The amount of funds the treasury guarantees as backing for CADT.
TVL: Total Value Locked The total sum of the value staked in CoachAI Finance in Dollars. A growing TVL is a sign of growth.
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