LogoLogo
HomeDappGithub
  • 🌈What is Bifrost
    • Bifrost vs Others
    • Bifrost cross-chain architecture
    • Bifrost security model
  • 🧬Tokenomics 2.0
    • Overview
    • Protocol Growth Flywheel
    • Core - bbBNC
      • How to maximize your bbBNC yield?
      • How to get or redeem?
    • BNC
    • vBNC
    • Treasury
  • πŸ“šFAQ
    • Glossary
    • What are vTokens?
      • vETH
      • vKSM
      • vDOT
      • vFIL
      • vGLMR & vMOVR
      • vMANTA
      • vASTR
      • Validator Governance
      • XCM V3 in Bifrost
      • Mint/Redeem vToken without Dapp
    • What is LoopStake?
      • LoopStake Lending Parameters
    • What is LST Governance?
    • What is LST Stable Swap?
    • What is vToken Delegation Voting?
  • πŸƒDapp Tutorials & use cases
    • Liquid Staking on Bifrost
    • Liquid Staking on Omni LS
    • Loop Stake (Leverage Staking)
    • Governance with vDOT & vKSM
    • Providing Liquidity on DEX/Perp DEX
    • Supplying Liquidity on Money Market
    • Yield DCA
    • Farming
    • Unstaking
  • 🦸For the Community
    • Ambassadors
    • Governance
      • Overview
      • Proposal Guidelines (polkadot.js)
      • Proposal Guidelines (Subsquare)
      • OpenGov Components
      • OpenGov Tracks
        • Root
        • WhitelistedCaller
        • Liquid Staking
      • Proposal Template
        • HRMP
        • Validator Boost List
      • Bifrost Fellowship
      • On-chain Identity
    • Rainbow Boost
  • βš’οΈFor Builders
    • Build with SLPx
      • Overview
      • Supported Networks
        • Soneium
        • Astar
        • Manta Pacific
        • Moonbeam
        • Moonriver
        • Ethereum
      • XCM Oracle
    • vToken APIs
    • Builder Programs
      • Grants and Funding Program
      • Open Bounties
      • Bug Bounty
  • 🧩For Partners
    • Reward-Share Program (RSP)
      • Why RSP?
      • Integrate RSP
      • Claim RSP Rewards
      • Terms & Conditions
      • FAQ
    • Join The Program
    • Validator Boost List (VBL)
  • βš–οΈFor Collators
    • Requirement
    • Run a Collator
    • Stop Collating
  • πŸ“¦Resources
    • Tools
    • Audit Report
    • Press Kit
    • Token Icon
Powered by GitBook
On this page

Was this helpful?

  1. FAQ

Glossary

PreviousFAQNextWhat are vTokens?

Last updated 9 months ago

Was this helpful?

  • Collator:

A node that maintains a parachain by collecting parachain transactions and producing state transition proofs for the validators

  • Crowdloan:

A mechanism for potential parachains to temporarily source tokens to win an auction for a parachain slot. Tokens gathered in this way are programmatically returned to the lender after the lease period is over or the crowdloan period ends.

  • Era:

A (whole) number of sessions, which is the period that the validator set (and each validator's active nominator set) is recalculated and where rewards are paid out.

  • Governance:

The process of determining what changes to the network are permissible, such as modifications to code or movement of funds. The governance system in Polkadot is on-chain and revolves around stakeholder voting.

  • Interoperability:

The ability for some sort of system to exchange and make use of information often compared to "cross-chain" technologies.

  • Liquid Staking:

It allows you to use your staked tokens for other purposes, such as trading or providing liquidity, while still earning the staking yield.

  • LST:

Liquid Staked Token. The is the proof of your deposit you receive for staking tokens through a Liquid Staking protocol.

  • Nominated Proof of Stake (NPoS):

A Proof-of-Stake system where nominators back validators with their own stake as a show of faith in the good behavior of the validator. Nominated Proof-of-Stake differs from the more generic concept Delegated Proof-of-Stake in that nominators are subject to loss of stake if they nominate a bad validator; delegators are not subject to loss of stake based on the behavior of the validator. Note that some other blockchain technologies may use the term Delegated Proof-of-Stake, even if delegators can be . Polkadot uses the PhragmΓ©n method to allocate stake to nominees.

A method of selecting participation in a consensus system, in which participants are chosen based on how many tokens they have at stake (at risk of loss due to misbehavior). Normally, Proof-of-Stake systems limit the number of participants.

The state transition function of a blockchain. It defines a valid algorithm for determining the state of the next block given the previous state.

The security model that Polkadot uses whereby all chains are equally secured. This is achieved by placing proofs of the validity of parachain blocks into the Relay Chain such that, in order to revert finality of a single parachain, an attacker would need to attack the entire Polkadot system.

  • SLP:

Staking Liquidity Protocol. The main pallet used for the staking logic.

  • SALP:

Slot Auction Liquidity Protocol. The main pallet used for the parachain auction & crowdloan logic.

The act of bonding tokens for Polkadot (DOT) by putting them up as "collateral" for a chance to produce a valid block (and thus obtain a block reward). Validators and nominators stake their DOT in order to secure the network.

A node that secures the Relay Chain by staking DOT, validating proofs from collators on parachains and voting on consensus along with other validators.

  • XCM:

Cross-Consensus Message. XCM is a language for communicating intentions between consensus systems. This is the primitive language used inside the Polkadot ecosystem to transfer tokens in a trustless & safe manner.

Pallet:

A runtime module.

Proof of Stake (PoS):

Runtime:

Shared Security:

Slashing:

The removal of a percentage of an account's DOT as a punishment for a validator acting maliciously or incompetently. For more information, see the .

Staking:

Validator:

πŸ“š
​
​
​
​
slashed
​
Substrate
​
​
​
​
page about offenses
​
​