Glossary
Amoeba
Section titled “Amoeba”The product, oracle, and market stack for standardized hardware and industrial-input risk.
Amoeba oracle
Section titled “Amoeba oracle”The source-selection and update system that produces settlement-grade movement for a standardized product.
Basket weight
Section titled “Basket weight”The fixed product-level weight assigned to a bucket inside an index.
Bucket
Section titled “Bucket”A standardized product category, such as a specific memory type, capacity, grade, or market environment.
Capped option
Section titled “Capped option”An option-like payoff with a maximum payout known before trade entry.
Challenge bond
Section titled “Challenge bond”Stake posted to force review of a source proposal or update claim.
Dynamic liquidity market maker. The current secondary venue is the native additive-grid Amoeba DLMM inside Spread.
Exact reserve
Section titled “Exact reserve”The greatest aggregate payout owed to all externally held series in one sleeve across the canonical settlement-point set.
External open interest
Section titled “External open interest”Option supply held outside canonical issuer custody. Third-party LP inventory remains external; unissued or returned issuer-controlled inventory does not consume buyer reserve.
A transferable Light Token claim on the residual economics of one collective writer sleeve. Flat has no governance rights, and ordinary active-sleeve redemption is locked.
Funded auction
Section titled “Funded auction”The primary issuance process in which bids escrow their maximum funding before deterministic planning and Spread’s final reserve, policy, and security checks.
Game Mode
Section titled “Game Mode”The live period where users update already accepted sources. Game Mode changes states, not source weights.
Opening print
Section titled “Opening print”The accepted starting value for a frozen source.
Close-to-redeem
Section titled “Close-to-redeem”The sole V1 active-sleeve withdrawal path. An exiting Flat holder retires a proportional basket of every external series before an atomic, non-dilutive principal withdrawal.
Product version
Section titled “Product version”The published recipe for a live contract: bucket definitions, basket weights, oracle rules, settlement rules, and payoff family.
Scramble Mode
Section titled “Scramble Mode”The pre-live period where users propose, support, challenge, and freeze the monthly source map.
Source-local movement
Section titled “Source-local movement”The movement of one source relative to its own opening state, not relative to another source’s raw price level.
Source weight
Section titled “Source weight”The frozen influence of a source inside a bucket for the live period.
Settlement group
Section titled “Settlement group”The canonical sleeve identity binding every registered series to one underlying, expiry, oracle methodology, source/recipe commitments, signer set, timestamp, and final price.
Writer sleeve
Section titled “Writer sleeve”The index-expiry account group holding writer principal, locked primary premium, exact reserve, external-OI accounting, Flat supply, auction state, and frozen long/Flat settlement ledgers.
Collateral locked behind a source proposal, source support, update claim, or challenge. Losing claims or failed challenges can be slashed according to the market version.
Warehouse-backed claim
Section titled “Warehouse-backed claim”A roadmap object representing a claim on inspected, standardized goods held in custody.