[{"data":1,"prerenderedAt":134},["ShallowReactive",2],{"docs:en:\u002Fdocs\u002Fduel\u002Fglossary":3},{"id":4,"title":5,"body":6,"cover":125,"description":126,"extension":127,"meta":128,"navigation":129,"path":130,"seo":131,"stem":132,"__hash__":133},"docs\u002Fdocs\u002Fduel\u002Fglossary.md","Glossary",{"type":7,"value":8,"toc":120},"minimark",[9,13,21,27,33,39,45,51,57,63,69,75,81,96,102,108,114],[10,11,5],"h1",{"id":12},"glossary",[14,15,16,20],"p",{},[17,18,19],"strong",{},"A\u002FB pool"," — The cross pool between the two sides. With default terms it starts with 2% of each supply; future launch terms allow 2% to 20%. The app quotes a switch through it against one through ETH. Its price never directly counts for the split or rounds.",[14,22,23,26],{},[17,24,25],{},"Anti-snipe tax"," — With default launch terms, a tax on buys in the first 10 seconds: 98% at launch, halved at least once a second, then zero from the tenth second. It goes to the pot.",[14,28,29,32],{},[17,30,31],{},"Buyback"," — At settlement, a winning round can use its pot to buy and burn the winning token. The purchase ceiling is about 10% above the winner's reference price: a 30-minute exponential average of its ETH pool's log price, or the price itself when that is lower. A buyback therefore never moves the price up by more than about 10% from where it finds it, and often by less.",[14,34,35,38],{},[17,36,37],{},"Creator"," — The wallet that launched a duel, or the address it handed the role to. It receives the creator share of ETH trade fees, a third by default, unless the duel is a supporter duel. Direct A\u002FB fees are burned.",[14,40,41,44],{},[17,42,43],{},"Duel"," — Two opposing tokens launched together, side A and side B, with their three pools.",[14,46,47,50],{},[17,48,49],{},"ETH pool"," — The pool where a side trades against ETH. With default launch terms it starts with 98% of that side’s supply and no real ETH.",[14,52,53,56],{},[17,54,55],{},"Launch buy"," — An optional creator purchase in the launch transaction, capped at 5% of that side’s supply. It pays the ETH swap fee but no anti-snipe tax.",[14,58,59,62],{},[17,60,61],{},"Pot"," — ETH reserved for a duel’s buybacks: the pot share of ETH trade fees (34% by default), what the protocol leaves of its own share, the creator’s share in a supporter duel, the anti-snipe tax and captured realignment profit.",[14,64,65,68],{},[17,66,67],{},"Realignment"," — A zero-fee triangular trade attempted by the hook after a swap or buyback. Only profitable completed loops are kept, within the available ETH; captured profit goes to the pot. Price agreement is not guaranteed.",[14,70,71,74],{},[17,72,73],{},"Round"," — A trading window ending every four hours on UTC boundaries. The first lasts four to eight hours. The time-weighted ETH log price ratio decides the winner; quiet rounds and near ties have none.",[14,76,77,80],{},[17,78,79],{},"Side"," — One of a duel’s two tokens. A side wears the main color of its image; without one, side A is teal and side B lilac.",[14,82,83,86,87,91,92,95],{},[17,84,85],{},"Split"," — Side A’s displayed price share, from the ratio ",[88,89,90],"code",{},"P"," of the two sides’ ETH prices: ",[88,93,94],{},"P \u002F (1 + P)",". The large number on every duel.",[14,97,98,101],{},[17,99,100],{},"Supporter duel"," — A duel whose creator gives its fee share to the pot.",[14,103,104,107],{},[17,105,106],{},"Switch"," — Leaving one side for the other in one transaction: sold for ETH and bought with it, or through the A\u002FB pool when that quotes more net output.",[14,109,110,113],{},[17,111,112],{},"Tick"," — Uniswap’s unit of price: each tick is a 0.01% step. A round’s average is taken over the gap between the ticks of the two ETH pools.",[14,115,116,119],{},[17,117,118],{},"Virtual liquidity"," — The effective reserves of a single-sided pool: it starts with tokens and no real ETH but prices trades as if it held a small ETH reserve. Virtual ETH is not withdrawable ETH.",{"title":121,"searchDepth":122,"depth":123,"links":124},"",2,3,[],null,"Duel’s terms defined: A\u002FB pool, anti-snipe tax, buyback, creator, pot, realignment, round, side, split, supporter duel, switch, tick, virtual liquidity.","md",{},true,"\u002Fdocs\u002Fduel\u002Fglossary",{"title":5,"description":126},"docs\u002Fduel\u002Fglossary","Fxmc1Ush-DzR9vwypE0CCpqd7FBWvuYS6P-P3Ds6HjU",1791232780459]