Glossary

A page to find information on commonly used token and terms on Euphrates.

Tokens

DOT: The token representing the Polkadot ecosystem. LDOT: Liquid DOT is a token representing the underlying staked asset DOT. It has a built in system to accrue the value of DOT staking rewards and is considered a Liquid Staking Token. LCDOT: Liquid Crowdloan DOT is a token that represents DOT locked in a crowdloan and can be redeemed 1:1 with DOT. tDOT: Taiga DOT is a token created by Taiga Protocol that’s price is pegged to DOT. Taiga DOT captures multiple sources of yield including underlying DOT derivatives, protocol fees and token incentives. wtDOT: Wrapped Taiga DOT is a version of tDOT that is easier to integrate into DeFi solutions and protocols.

JitoSOL: JitoSOL is a token representing a liquid form of the underlying staked Solana. It is built to accrue SOL staking rewards and MEV rewards and was create by the Jito Foundation . ACA: The governance token of the Acala Network. Read more here. TAI: The governance token of Taiga Protocol. Read more here. LAY: The native token of Starlay Finance. Read more here.

JTO: The governance token of the Jito ecosystem. Read more here.

Terms

Unified Account: The binding of an Ethereum wallet with a Substrate wallet. A Unified Account grants users the ability to interact with contracts in both EVM and Substrate. More information here.

Loyalty Program: A system built to benefit long term farmers and discourage hot bags. Bonus rewards are given to committed farmers and relinquished for short term farmers. More information here.

Liquid Staking Token: A liquid staking token is a token that represents the staked amount of a cryptocurrency on a Proof-of-Stake (PoS) blockchain.