Definitions

The definitions section of this documentation is currently incomplete and a work in progress.

OIV: On-chain investment vehicle

Denomination Asset: Token address used for asset used for deposits/withdrawals. The OIV will be denominated in this asset.

Deposit Fee: Fee on every deposit.

Redemption Fee: Fee on every redemption.

Management Fee: Flat fee, calculated as an annual percentage of the total assets under management. Occurs continuously and may be automatically deducted with every NAV update.

Profit Management Fee: Flat fee, calculated as an annual percentage of the total profits. Occurs continuously and may be automatically deducted with every NAV update. HWM is not included. Settlement Period: Frequency of settling deposit and redemption requests.

Min. Liquid Asset Share: Share of assets that can be liquidated at any time and used to meet redemption requests.

Governance Token: Token governing the OIV (Must be ERC20Votes compatible).

Quorum: Minimum number of cast voted required for a proposal to be successful.

Voting Period: Delay between the vote start and vote end.

Voting Delay: The votingDelay can delay the start of the vote. This must be considered when setting the voting duration compared to the voting delay.

Proposal Threshold: The number of votes required in order for a voter to become a proposer.

Late Quorum: The time required to pass from the time a proposal reaches quorum until its voting period ends.