Glossary
To ensure consistency and clarity across all stakeholders, the following terms and concepts are defined as they relate to the Exotic Vaults Protocol.
General Terms
RWA (Real World Assets): Physical or tangible assets, such as fine art, luxury goods, real estate, and collectibles, that are tokenised for decentralised trading.
Vault: A collection of assets with similar characteristics (e.g., brand, provenance, condition) pooled together for trading and liquidity purposes. Vaults include liquidity pools to facilitate seamless trading at market responsive prices.
DEX (Decentralised Exchange): A blockchain-based marketplace where RWAs can be fractionalised, traded, and priced without intermediaries.
AMM (Automated Market Maker): A smart contract mechanism that enables trading within Vaults by maintaining liquidity pools and dynamically setting prices based on supply and demand.
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