Glossary of Key Terms

Participants

  • Depositors - Users of the protocol who deposit into the Acumen Fixed Pools.
  • Liquidity Providers - Users of the protocol who deposit into the Acumen Senior Pool.
  • Borrowers - Firms that are seeking financing through the Acumen Protocol, hence opening up a fixed pool.
  • Members - Holders of the ACM token and participants within the Acumen Junior DAO.
  • Auditors - Members of the Acumen Senior DAO that have the authority to vote on the creation of fixed pools.
  • DeFi - Decentralized Finance.
  • TradFi - Traditional Finance.

Mechanics

  • RWA - Real World Assets.
  • Stabledapp - The core application of the Acumen Protocol on which users can browse Senior and Fixed Pools.
  • Deal - The investment opportunity that is proposed by a borrower in order to raise funds through a Fixed Pool.
  • Fixed Pool - Pool on the Acumen Stabledapp that holders of stablecoins may deposit into in order to fund a deal and receive yield.
  • Senior Pool - Pool on the Acumen Stabledapp that holders of stablecoins may deposit into in order to have a diversified exposure to all Fixed Pools and earn yield.
  • Governance - Smart contract that is managed by the Acumen DAO and has the ability to update the protocol via decentralized governance votes.
  • Collateral Token - The token that represents your share in the deposit pool. The value of your collateral token increases as interest is earned.
  • Governance Token – The token that allows you to participate within the governance process and receive rewards through token lock ups.