Glossary
This section provides clear definitions and explanations of key terms, technical concepts, and platform-specific terminology used throughout the GenieGenerate documentation.
Last updated
This section provides clear definitions and explanations of key terms, technical concepts, and platform-specific terminology used throughout the GenieGenerate documentation.
Last updated
ADA: The native cryptocurrency of the Cardano blockchain
Dynamic Total Balance Cap: Maximum wallet balance of 3,000 USD equivalent in ADA
Loyalty Score: Points earned through consistent daily investments
Binary Tree: A network structure where each node has at most two child nodes
Smart Contract: Self-executing contracts with terms directly written into code
DeFi: Decentralized Finance - blockchain-based financial services
Staking: Process of participating in transaction validation to earn rewards
KYC/AML: Know Your Customer/Anti-Money Laundering regulatory compliance procedures
ROI: Return on Investment - performance measure of an investment
Distribution Pool: Collection of daily investments for distribution
Additional Revenue Pool: Aggregation of multiple revenue streams
Fixed Rate Revenue: Revenue streams with 100% allocation to Additional Revenue Pool
Static Binary Tree: Distribution structure based on join time and loyalty
Dynamic Binary Tree: Distribution structure prioritizing lower earners with higher loyalty
Instant Earn: Platform activities providing immediate rewards
Loyalty-Based Revenue: Revenue streams with fee reduction based on loyalty score
This glossary provides:
Clear definitions
Technical explanations
Contextual examples
Related concepts