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Glossary

Key terms used throughout usmewe documentation.

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A-D

A blockchain architecture that makes smart contract wallets behave like regular accounts. In usmewe, this enables gasless transactions and social recovery. We use ZeroDev’s Kernel implementation.
The real rate of return on an investment, accounting for compound interest. Trust Vault stakers earn variable APY based on utilization.
An Ethereum Layer 2 blockchain developed by Coinbase. usmewe is deployed on BASE for fast, low-cost transactions.
When a borrower fails to repay a loan within 7 days of the due date. Defaults result in Trust Score penalties and Insurance Pool claims.
A secret alternative PIN that triggers fake transaction success while silently alerting Guardians. Used for protection against physical coercion.

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E-I

The conversion rate between tmUSDC and USDC. Starts at 1:1 and increases as yield accrues, meaning your tmUSDC becomes worth more USDC over time.
A trusted contact who helps secure your account. Guardians boost your Trust Score and can approve Social Vault withdrawals.
A reserve fund that covers 80% of defaults. Funded by 10% of all interest payments.

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J-P

A secure token format used for API authentication. Obtained through Supabase Auth after login.
A blockchain that runs on top of Ethereum (Layer 1) for improved speed and lower costs. BASE is an L2.
A security mechanism requiring multiple signatures (approvals) for an action. Social Vault uses 3-of-5 multi-sig for withdrawals.
Direct transactions between users without intermediaries. P2P loans in usmewe are direct agreements between borrowers and lenders.

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Q-T

Self-executing code on the blockchain that automatically enforces rules. usmewe’s core logic runs on smart contracts.
A blockchain wallet controlled by a smart contract instead of a private key. Enables features like gasless transactions and social recovery.
Depositing assets into a protocol to earn rewards. In usmewe, staking USDC in the Trust Vault earns yield from borrower interest.
A mandatory delay before an action completes. Social Vault withdrawals have 24-72 hour timelocks based on amount.
Trust Mint USDC - the receipt token received when staking USDC in the Trust Vault. Represents your share of the pool plus accrued yield.
usmewe’s algorithmic credit score (0-100) that determines borrowing power. Based on behavior, not collateral.
The protocol’s main liquidity pool where users stake USDC to earn yield and borrowers access credit.

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U-Z

USD Coin - a stablecoin pegged 1:1 to the US dollar. usmewe uses USDC as its primary currency.
The percentage of deposited funds currently being borrowed. Higher utilization = higher interest rates.
Points earned through platform activity. XP determines your level (Bronze to Diamond) which provides fee discounts and limit bonuses.
A platform providing account abstraction infrastructure. usmewe uses ZeroDev’s Kernel for smart wallet functionality.

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