Glossary
| Term | Definition in CUBIT |
|---|---|
| ABI | Description of functions, events and types used to communicate with a contract |
| Approval | ERC-20 authorization granted to a spender address for an amount |
| Launch base | Fixed reference in the target formula; the request cites 7k, to calibrate in ETH |
| Burn | Actual destruction of tokens, reducing total supply |
| Target | Level calculated at time T for placing new funds |
| ERC-6909 claim | Accounting unit held in the PoolManager to settle or retain assets |
| Reward claim | Call to collect an accrued reward; a different use of “claim” from ERC-6909 |
| Cushion | Mobile ladder ETH position, separate from fixed walls |
| Deadline | Latest timestamp accepted for an operation or signature |
| Deflation | Reduction in total supply through actual burns of CUBIT bought back by walls |
| Exact-input | Swap with fixed input and output protected by a minimum |
| Exact-output | Swap with fixed output and input protected by a maximum |
| FDV | Price multiplied by a fully diluted reference supply; specify the convention used |
| LP fee | Pool commission, separate from hook taxes |
| First-bound | First accepted referral link, kept in the registry without overwriting |
| Floor | Historical name used in code; under the new policy, read walls and target separately |
| Guardian | Temporary role for pausing certain maintenance functions |
| Hook | Contract connected to Uniswap v4 operations, applying CUBIT mechanics here |
| Idle ETH | ETH accounted for but not deployed in a position; specify its compartment |
| Keeper | Account or service that triggers a permissionless maintenance operation |
| Ladder | Mobile set of CUBIT bands and the ETH cushion used to operate the market |
| Lens | Read contract deriving figures from the hook and pool |
| Liquidity / depth | Assets actually available in positions, depending on their state and price |
| Wall | ETH-funded LP position whose ticks remain attached to that funding |
| Pending floor ETH | New funds allocated to upcoming walls, awaiting placement |
| Permissionless | Call open to everyone, subject to deterministic contract conditions |
| PoolId | Identifier derived from the entire PoolKey |
| Rebalance | Operation collecting, accounting for and reorganizing ladder positions |
| Range | Zone in which price oscillates; only walls actually reached can absorb those sales |
| V2 registry | Contract retaining current modules, their revision and referral links |
| Slippage | Accepted execution difference from a quote, bounded by swap limits |
| Snapshot | Consistent set of data read at a given block |
| Strict-burn | Rule isolating absorbed tokens so they remain reserved for destruction |
| Sweep | Transfer of a share of ladder ETH to the wall reserve at rebalance |
| Tick | Discrete pool price unit; its orientation is reversed relative to ETH/CUBIT price |
| V1 / V2 | Market core / additional roadmap features |
| WETH | ERC-20 representation of ETH used to pay Vault rewards |
For units and contract methods, see integration.
CUBIT / September 10, 2026
Sources and method