# Glossary Key terms and definitions for Money Race. *** ## A ### Aggressive Strategy High-risk savings approach targeting \~15% APY through DEX/AMM protocols (Cetus, Kriya, Turbos). Higher impermanent loss risk but maximum growth potential. Best for experienced DeFi users. ### AI Strategy Intelligent recommendation system powered by EigenAI that analyzes user goals and suggests optimal DeFi strategies (Conservative, Balanced, or Aggressive) with protocol-specific allocations. ### APY (Annual Percentage Yield) The annualized rate of return on deposits including compound interest. Money Race offers \~4% (Conservative), \~8% (Balanced), or \~15% (Aggressive) depending on strategy. *** ## B ### Balanced Strategy Medium-risk savings approach targeting \~8% APY through diversified protocols (Scallop, Cetus, Turbos, Navi). Good risk-reward balance. Recommended for most users. *** ## C ### Claim The action of withdrawing your principal + yield after a room is finalized. Process is gasless and instant to your wallet. ### Conservative Strategy Low-risk savings approach targeting \~4% APY through lending protocols (Scallop, Navi, Aftermath). Maximum capital protection with stable, predictable growth. ### Consistency The measure of how regularly a participant makes periodic deposits. Higher consistency = larger share of yield. Formula: `deposits_made / total_periods`. *** ## D ### DeFi (Decentralized Finance) Financial services built on blockchain without intermediaries. Money Race deploys funds to Sui DeFi protocols (Scallop, Navi, Cetus, etc.) to generate yield. ### Deposit Amount The fixed USDC amount required per period in a room (e.g., 10 USDC per period). Set when room is created and applies to all participants. ### deposited\_count Smart contract variable tracking how many times a player has successfully deposited. Used to calculate proportional yield share. *** ## E ### EigenAI The AI assistant powered by deepseek-v31-terminus that recommends optimal DeFi strategies. Supports English and Indonesian prompts. Production version will use fine-tuned models trained on Sui DeFi datasets. *** ## F ### Finalize Admin action to complete a room and calculate final yield distribution. After finalization, participants can claim their rewards. *** ## G ### Gasless Transactions Zero gas fee operations sponsored by Money Race backend. Users only need USDC—no SUI required. Backend adds sponsor signature and pays all gas costs. *** ## L ### Leaderboard Real-time ranking of room participants by consistency (deposits made). Shows rank, total deposited, consistency %, and projected yield. Provides social accountability and friendly competition. *** ## M ### Mainnet Production deployment on Sui blockchain where funds are deployed to real DeFi protocols. Yield comes from external sources (lending interest, trading fees, staking rewards). Principal stays 100% intact. ### Move Smart contract programming language used on Sui blockchain. Known for safety and formal verification capabilities. *** ## P ### Period Time interval between required deposits. Can be Daily (e.g., 7 days = 7 periods) or Weekly (e.g., 14 days = 2 periods). Determined by period\_length\_ms in room parameters. ### period\_length\_ms Smart contract parameter defining period duration in milliseconds. Daily = 86,400,000ms (24 hours), Weekly = 604,800,000ms (7 days). ### PlayerPosition Smart contract object (NFT) created when you join a room. Tracks your deposited\_count, last\_period, and claimed status. Owned by your wallet address. ### Principal Your deposited funds that are always returned 100%. In mainnet, principal remains intact as yield comes from external DeFi protocols. In testnet, simulated yield reduces principal temporarily. ### Proportional Distribution Fair reward system where yield is shared based on consistency: `your_yield = (your_deposits / total_deposits) × total_yield`. No penalties—only proportional sharing. *** ## R ### Reward Pool Collection of yield earned from DeFi protocols (mainnet) or simulated yield (testnet). Distributed proportionally to participants based on consistency. ### Room A group savings challenge with defined parameters (duration, deposit amount, strategy, period length). Has 3 states: OPEN (accepting participants), ACTIVE (in progress), FINISHED (ready for claims). ### Room Status Current state of a room: * **OPEN** (0) — Accepting new participants * **ACTIVE** (1) — Challenge in progress, deposits active * **FINISHED** (2) — Complete, rewards ready to claim *** ## S ### Scallop Lending protocol on Sui where users can lend USDC and earn interest from borrowers. Used in Conservative and Balanced strategies. ### Strategy Risk and yield profile for room funds. Three options: * **Conservative** (\~4% APY) — Scallop, Navi, Aftermath * **Balanced** (\~8% APY) — Scallop, Cetus, Turbos, Navi * **Aggressive** (\~15% APY) — Cetus, Kriya, Turbos, Aftermath ### Streak Number of consecutive periods a participant has made on-time deposits. Longer streaks indicate higher consistency. ### Sui Layer 1 blockchain that Money Race is built on. Features fast finality (\~400ms), low costs, Move language, and native zkLogin support. *** ## T ### Testnet Test deployment on Sui blockchain with simulated yield. Used for demo and development. Yield is simulated by moving principal to reward pool (zero-sum). No real funds at risk. ### total\_weight Smart contract variable tracking sum of all participants' deposited\_count. Used as denominator in proportional distribution formula. ### TVL (Total Value Locked) Total amount of funds deposited across all Money Race rooms. Key metric for protocol size and activity. *** ## U ### USDC USD Coin—a stablecoin pegged 1:1 to US Dollar. The primary token for Money Race deposits and rewards. Minimizes volatility risk for savers. *** ## V ### Vault Smart contract object holding room funds. Contains two balances: * **principal** — Deposited funds * **reward** — Accumulated yield On mainnet, both increase. On testnet, principal moves to reward (simulation). *** ## Y ### Yield Additional earnings from DeFi protocols beyond your principal. Sources include lending interest (Scallop, Navi), trading fees (Cetus, Kriya), and staking rewards (Aftermath). *** ## Z ### zkLogin Sui's zero-knowledge authentication technology allowing sign-in with Web2 accounts (Google, Apple) without needing a crypto wallet. Keys are generated automatically using zero-knowledge proofs. *** ## Symbols ### \~ Tilde symbol indicating approximate value. Used for target APY rates which are estimates based on historical protocol performance and subject to market variability. *** [Back to Resources →](https://github.com/MoneyRaceRepo/frontends/blob/main/docs/resources/README.md)