Definitions
Last updated
Last updated
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 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 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.