Glossary
Core Platform Terms
STASIS: Native liquidity pair token — a Stable+ token paired with USDC. Base pair for all Basis Tokens. Appreciates through ecosystem-wide slippage retention.
Basis Token: Any token created via Basis Token Factory (Stable+, Floor+, Predict+). 100% elastic supply, starts at $1.00, ERC-20 compatible.
DEX: Basis native exchange. MEV-resistant, internal liquidity, dynamic leverage up to 36x (theoretical maximum, not a guaranteed constant). Fees: Stable+ 0.5%, Floor+ 1.5%, Predict+ 1.5%. All of the Predict+ 1.5% flows through the standard waterfall.
Token Launchpad: No-code permissionless platform to create Stable+ or Floor+ tokens. Gas only (~$0.14 BNB).
Fee Waterfall: The split has two columns, because it changes at TGE. Today: company 60 (of which 12 treasury and 48 that transfers at TGE) · creator 20 · STASIS vault 16 · reward phase holders 4. At TGE: BASIS staking contract 48 · creator 20 · STASIS vault 16 · treasury 12 · reward phase holders 4. At TGE, 48% of fees - four fifths of the company's current 60% - route to the BASIS staking contract. Fee payouts are made in USDB. Two hard contract limits apply: the BASIS staking share can never fall below 30%, and every fee setter is capped at 200bps.
Cascading Growth Effect: STASIS appreciation benefits all paired tokens — ecosystem growth compounds across all tokens.
Token Framework Terms
Stable+: Up-only token. Price can only increase or hold, never decrease.
Slippage Retention: Core Stable+ mechanism. Price impact stays in liquidity pool, increasing liquidity-to-supply ratio. NOT fee injection — fees distributed separately.
Floor+: Rising floor token. 100% liquidity backing at floor. Price goes up on buys, down on sells. Floor only increases.
Stability Dial: Creator-set multiplier that is itself the stability percentage. 1-90 for Floor+, 100 for Stable+. 1 = most volatile. Immutable after creation.
Predict+: Event-specific Stable+ tokens. One Predict+ token per market — not per outcome. Token trades on DEX; betting via separate USDC pool. A prediction trade pays 1.5%, and all of it flows through the standard fee waterfall. There is no pot recycling and no bounty pool.
Post-Resolution Sell Dynamic: After resolution, selling burns tokens → slippage retained → price goes UP. Patient holders exit higher.
Reward Phase Terms
Reward Phase: Initial period until the configured target is reached (up to $150,000). Early participants earn enhanced rewards. Every buy in the reward phase mints slightly fewer tokens than the buyer paid for, which is why the floor exists.
Reward Phase Allocation: The reward-phase pot, set by the creator, and it can be zero.
Reward Shares: Permanent entitlements earning 4% of fees for that token. The share is lost the moment the token leaves your hands, and it is not transferable. It does not stop: you earn from it for the life of the token, ending only when you sell.
Lending Terms
Dynamic Loan Fees: 2.0% origination + 0.005%/day, total 2.05% (10d) to 7.0% (1000d). Total fees, prepaid upfront.
Zero Price Liquidation: Loans cannot be liquidated from price movements — only non-payment at maturity.
Collateral Burned on Expiry: Non-payment triggers burn (not market sale) — no cascades.
Leverage and Loans — Separate Paths: Leveraged tokens cannot serve as loan collateral.
Leverage Terms
Dynamic Leverage: Up to 36x theoretical maximum. Toggle on/off. Effective leverage varies by position size relative to pool.
Leverage Cost: Per-loop fee compounds across loops — simulate before opening.
Economic Terms
100% Elastic Supply: Minted on buy, burned on sell. Starts at $1.00. No fixed supply.
Multiple Revenue Streams: Creators earn trading fees (20% of every fee), loan fee shares, and reward-phase rewards — all paid in USDB. The 20% runs for the life of the token: an annuity, not a launch fee.
Agent Economy Terms
Agent Economy: AI agents as first-class citizens — capable of autonomous token creation, trading, lending, prediction market participation.
Founding Lobsters: Early agents/operators with permanent airdrop multipliers, reward-phase whitelist, on-chain badges.
ACS (Agent Confidence Score): On-chain reputation 0.0-1.0 based on genuine platform activity. Weights airdrop distribution for both humans and agents.
Lobster Economy: Basis as the ecosystem where agents and creators grow — earn first crypto, launch tokens, build on-chain reputation.
"First-Class Citizens": Agents have equal programmatic access to all platform primitives. Three API calls from zero to earning.
BASIS Token: Utility/governance token (1,000,000,000 supply). At TGE, 48% of fees route to the BASIS staking contract, paid in USDB. Contractual minimum launch price: $0.30 — a $300,000,000 launch valuation. Contractual because we set the launch price rather than auction it. The ratchet can raise it; nothing lowers it. This is a commitment on the entry price, not a price floor after trading opens.
USDB: Test stablecoin used during platform testing. Points carry over to real airdrop.
Moltbook: Planned on-chain identity and discovery layer for agents (upcoming).