> For the complete documentation index, see [llms.txt](https://docs.novamp.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.novamp.io/resources/glossary.md).

# Glossary

Plain-English definitions of the crypto and Novamp/AntiVamp terms used across these docs.

Definitions for the terms you'll meet across Novamp — general crypto concepts first, then Novamp- and AntiVamp-specific words.

{% hint style="info" %}
💡 New to this? Start with **bonding curve**, **liquidity**, **slippage**, and **LP lock/burn** — they explain most of how launches and trading behave.
{% endhint %}

## Trading & market terms

| Term                              | Definition                                                                                                                                                 |
| --------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Market cap (mcap)**             | Circulating supply × current price. A rough size measure for a token.                                                                                      |
| **FDV (fully diluted valuation)** | Total supply × current price — the value if every token were circulating. On Novamp, supply is fixed, so FDV and mcap converge as supply unlocks.          |
| **Liquidity**                     | The assets in a pool available to trade against. Deeper liquidity means less price movement per trade.                                                     |
| **Slippage**                      | The difference between the quoted price and the executed price, caused by price moving between quote and fill. You set a **slippage tolerance** to cap it. |
| **Price impact**                  | How much *your own* trade moves the price, given the pool's liquidity. Bigger trade or thinner pool = bigger impact.                                       |
| **Gas**                           | The network fee paid to process a transaction, in the chain's native coin (ETH / BNB / SOL).                                                               |
| **Volatility**                    | How sharply a price swings. New launches are typically extremely volatile.                                                                                 |
| **MEV**                           | "Maximal extractable value" — profit extracted by reordering / front-running transactions, e.g. sniping.                                                   |
| **Front-running / sniping**       | Buying ahead of others (often bots) to profit from an expected move, especially at launch.                                                                 |
| **DEX**                           | Decentralized exchange (Uniswap, PancakeSwap, HyperSwap, PumpSwap) — trades run against on-chain pools.                                                    |
| **AMM**                           | Automated market maker — the pool formula that quotes prices for a DEX.                                                                                    |

## Launch & liquidity terms

| Term                               | Definition                                                                                                                                                                                                                                           |
| ---------------------------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Bonding curve**                  | A pricing formula where each buy raises the price and each sell lowers it; liquidity sits in the curve contract. Used on **Solana (Pump.fun)** and **legacy HyperEVM SherSwap markets** (pre-2026-07-21) — not on Novamp's direct-pool EVM launches. |
| **HyperSwap**                      | The Uniswap-v3-style DEX on HyperEVM. Novamp's HyperEVM launches (Path B, live 2026-07-21) seed directly onto a real **HyperSwap v3** pool.                                                                                                          |
| **SherSwap**                       | HyperEVM's older bonding-curve DEX. **Legacy only** — pre-Path-B HyperEVM markets still trade there, but new launches use HyperSwap v3 instead.                                                                                                      |
| **Graduation**                     | When a bonding-curve market fills to a threshold and its liquidity **migrates to a DEX**. See [Bonding & Graduation](/protocol/bonding-and-graduation.md).                                                                                           |
| **Direct-pool launch**             | Novamp's EVM model — the token and a real DEX pool are created together, tradable from block 0 (no curve, no graduation).                                                                                                                            |
| **Fixed supply**                   | Total supply minted once at launch and never changed — **no mint function**.                                                                                                                                                                         |
| **LP (liquidity provider) tokens** | Tokens representing a share of a pool's liquidity.                                                                                                                                                                                                   |
| **LP lock**                        | Locking LP tokens / the v3 position for a set time so liquidity can't be pulled early.                                                                                                                                                               |
| **LP burn**                        | Sending LP tokens to the dead address `0x000…dEaD`, permanently removing the ability to withdraw that liquidity.                                                                                                                                     |
| **Seeder**                         | The Novamp contract (`V2Seeder` / `V3Seeder`) that creates and funds the DEX pool at launch.                                                                                                                                                         |
| **Anti-snipe**                     | Auto-expiring max-buy / max-wallet caps applied at launch to blunt bot sniping.                                                                                                                                                                      |
| **Initial buy**                    | An optional creator purchase (up to 10% of supply) in the same transaction as launch.                                                                                                                                                                |
| **Tax token**                      | A token with a buy/sell tax (0–10%); launches on a v2 pool. The tax is **lowerable-only**.                                                                                                                                                           |
| **Zero-fee token**                 | A token with no token tax; launches on a v3 pool. Only the 1% Novamp swap fee applies.                                                                                                                                                               |
| **Creator allocation**             | An optional 0–10% share of supply for the creator, which can be locked via vesting.                                                                                                                                                                  |
| **Rug pull**                       | When a creator drains liquidity or dumps supply, collapsing the price. Novamp's burn/lock + no-mint/no-owner design targets this.                                                                                                                    |

## Novamp protocol terms

| Term                             | Definition                                                                            |
| -------------------------------- | ------------------------------------------------------------------------------------- |
| **NovampLaunchFactory**          | The single on-chain entry point for EVM launches; routes tax → v2, zero-fee → v3.     |
| **NovampToken / NovampTaxToken** | The fixed-supply ERC-20 deployed per launch (v3 / v2). No mint, no owner.             |
| **FeeRouter**                    | Collects the 1% swap fee and splits it 50% creator / 50% protocol.                    |
| **PositionVault**                | Custodies / locks the v3 liquidity position.                                          |
| **LiquidityLocker**              | Burns or time-locks launch liquidity.                                                 |
| **CreatorVesting**               | Locks the optional creator allocation.                                                |
| **TokenRegistry**                | On-chain index of every launch.                                                       |
| **Swap fee**                     | Novamp's flat 1% EVM trading fee (50/50 creator/protocol). Distinct from a token tax. |
| **Treasury**                     | The protocol's fee sink that receives its 50% share.                                  |
| **Keeper**                       | An authorized ops key that reports launch / market-cap milestones (e.g. \~$1M).       |
| **Auto-verify**                  | Launches verifying automatically on the explorer via matching template bytecode.      |

## AntiVamp & identity terms

| Term                            | Definition                                                                                                                                              |
| ------------------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Vamping**                     | Copying a token's identity (name + ticker) to siphon its attention and liquidity. See [What Is AntiVamp?](/identity-protection/what-is-antivamp.md).    |
| **Identity (Name + Ticker)**    | The combined pair AntiVamp protects — not the ticker alone.                                                                                             |
| **Normalization**               | Folding a `Name + Ticker` to one canonical, confusables-aware key so homoglyphs, casing, and hidden characters can't smuggle a look-alike past a check. |
| **Reservation**                 | Holding a `Name + Ticker` for a fixed window ($100/24h, $250/3d, $500/7d, $1,500/30d — flat, non-refundable).                                           |
| **Copycat lock**                | A time-limited block on reusing a protected identity, triggered by bond/graduation or a market-cap milestone.                                           |
| **Guardian block**              | A manual, permanent-until-reversed identity block set by a guardian (the only permanent AntiVamp state; guardian-reversible).                           |
| **Guardian**                    | A hot key that fans out symbol/identity blocks across each chain's registry.                                                                            |
| **GraduatedTokenRegistry**      | The cross-chain copycat blocklist (symbol + logo hash), guardian-managed and time-limited.                                                              |
| **TickerReservationRegistry**   | The on-chain EVM contract handling reservations, tiers, and copycat locks.                                                                              |
| **Protected-by-AntiVamp badge** | A public marker that an identity is checked/protected — **not** a safety or investment rating.                                                          |

## Continue exploring

* [🧠 How Novamp Works](/protocol/how-novamp-works.md) — the protocol in one page
* [📈 Bonding & Graduation](/protocol/bonding-and-graduation.md) — curves vs. direct pools
* [❓ FAQ](/resources/faq.md) — common questions answered
* [⚠️ Risk Disclosure](/legal-and-safety/risk-disclosure.md) — the risks behind these terms


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://docs.novamp.io/resources/glossary.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
