Symbiosis Documentation
Symbiosis NestDeveloper ToolsGo to Bridge & Swap
  • Getting Started with Symbiosis
  • Symbiosis: Frequently Asked Questions
  • Main concepts
    • Glossary
    • Symbiosis SIS Token
    • Symbiosis sTokens
    • Symbiosis: Cross-Chain Swaps
      • Symbiosis: To/From BTC
      • Symbiosis: To/From TON
    • Cross-Chain Zaps
    • Symbiosis as Interchain Communication Protocol
    • Symbiosis & Fees
    • Security Audits
    • Bug Bounty Program
  • Governance
    • 🚩Governing Symbiosis
  • User Guide (WebApp)
    • Symbiosis WebApp
    • Bridge with Symbiosis: sUSDC, sWETH, sWBTC
    • Swap & Bridge with Symbiosis
    • Swap & Bridge To and From Bitcoin
    • Swap & Bridge To and From Tron
    • Stuck Transactions
    • Bridging SIS Token
    • Symbiosis Liquidity Pools
    • Withdrawing from Symbiosis Octopool
    • Cross-Chain Zaps
    • Common Issues and Solutions
    • Where are My Tokens?
    • Symbiosis Explorer
    • More about Slippage Tolerance
  • Reward Programs
    • Symbiosis Reward Programs
    • Farming on Octopools
    • SIS LP Farming
    • veSIS
  • Cross-chain liquidity engine
    • Symbiosis Core Smart Contracts
    • Symbiosis Mint-Burn Process
    • Symbiosis BridgeV2 Contract
    • Symbiosis Routing Contracts
    • Symbiosis & Emergencies
    • Symbiosis Octopools
  • Relayers network
    • Symbiosis Relayers Network
    • Symbiosis PoS Staking & Symbiotic Staking
      • Symbiosis X Symbiotic: SIS Restaking Vault User Guide
    • Relayers Network: Architecture and Operations
    • Symbiosis Relayer Node
    • Symbiosis Relayers Network: Emergencies
  • Developer Tools
    • Symbiosis Developer Tools
    • Symbiosis API
    • Symbiosis JS SDK
      • JS SDK Types
      • JS SDK Configuration
  • Miscellaneous
    • Symbiosis on Testnet
    • Symbiosis Multisig Address on Scroll
    • Symbiosis v1 vs. v2
    • Gasless Crypto Exchanges
  • Follow Us
  • Symbiosis | X
  • Symbiosis | Telegram
  • Symbiosis | Blog
  • Symbiosis | Publish0x
  • Symbiosis | Discord
  • Symbiosis | Linkedin
  • Symbiosis | Github
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  1. Main concepts

Glossary

The list of terms, abbreviations and definitions used in the Symbiosis documentation.

This document lists terms, abbreviations and definitions used in the Symbiosis' documentation.

Term
Abbreviation
Definition

Altcoin

Tokens, cryptocurrencies, and other types of digital assets that are not bitcoin.

Asset

A resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefits.

Automated market maker

AMM

A smart contract that creates a liquidity pool of ERC20 tokens that are automatically traded by an algorithm rather than an order book. The price is determined by the ratio of assets on the exchange.

Burn

To delete/destroy a token.

(Crypto) Token

A type of cryptocurrency that represents an asset or a specific use and resides on a blockchain.

Cross-chain swap

An exchange of one token for another token. The exchanging tokens reside on different blockchains.

Cryptocurrency

Any form of currency that exists only digitally typically has no central issuing or regulating authority, but instead uses a decentralized system to record transactions and manage the issuance of new units, and relies on cryptography to prevent counterfeiting and fraudulent transactions.

Decentralized exchange

DEX

A peer-to-peer marketplace where transactions take place directly between crypto traders.

ERC20 token

A crypto token created using the ERC-20 standard.

Gas

A unit that measures the amount of computational effort required to execute specific operations on a blockchain that supports smart contracts.

Gas fee

A fee that is required to run a transaction or execute a smart contract.

Liquidity pool

LP

A crowdsourced pool of cryptocurrencies or tokens locked in a smart contract that is used to facilitate trading between the assets on a decentralized exchange (DEX).

Liquidity provider token

LP Token

LP tokens are tokens issued to liquidity providers on a DEX running on the AMM protocol. When liquidity providers deposit tokens to DEXes, they receive LP tokens in exchange. LP tokens can be used to withdraw deposited tokens and rewards for providing liquidity.

Mint

To issue a token.

Multi-party computation

MPC

A cryptographic tool that allows multiple parties to perform calculations on their combined data without revealing their individual input.

Native cryptocurrency

A cryptocurrency that is used to pay gas fees.

On-chain swap

An exchange of one token for another token. The exchanging tokens reside on one blockchain.

Relayer

A node running specialized software. It participates in the collaborative work of the Symbiosis relayers network.

Relayers network

A blockchain-agnostic permissionless P2P network of relayers with built-in crypto-economic incentive mechanisms.

SIS token

SIS

The token of the Symbiosis protocol. It's used for staking and governing the Symbiosis DAO and DAO Treasure. Deployed on Ethereum.

Stablecoin

A cryptocurrency whose price is designed to be pegged to fiat money, exchange-traded commodities (such as precious metals or industrial metals), or or another cryptocurrency.

Synthetical token

sToken

A wrapped token used in the Symbiosis protocol in cross-chain operations to shift tokens from one blockchain to another.

Swap

An exchange of one token for another.

Symbiosis protocol

A decentralized multi-chain liquidity protocol that allows users to exchange tokens between all the chains while remaining the sole owners of the funds.

Threshold signature scheme

TSS

A protocol used to generate and sign distributed keys.

veSIS

veSIS

The Symbiosis protocol's Vote Escrow (ve) tokens. Holders lock their SIS tokens for a desired period of time and get veSIS tokens that can be used to get rewards and vote on Symbiosis proposals.

Wrapped token

A representation of one token through another. The source asset is locked in a special smart contract on the source blockchain, and:

  1. The wrapped version is issued (minted) on the same blockchain OR

  2. The wrapped version is issued (minted) on a destination blockchain.

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Last updated 1 year ago

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