Docs / Reference
Glossary
The words used across Revvy, in plain language, in alphabetical order.
Admin wallet
Revvy's dedicated admin key. It can update vault code, pause runs and pools, choose the compute treasury address, grant the holders' payout role and turn off the holders' share. See Admin powers.
Burn
Sending tokens to an address that nobody controls, which takes them out of circulation. A mind's extra share can go to burn.
Claim window
How long a dividend can be claimed after the last list of its pool: 365 days.
Clanker v4 and v5
The two Clanker launchpad versions Revvy supports. v4 charges a pool fee and trades against WETH. v5 charges a buy and sell tax and pays dividends from Clanker's contract. See Clanker v4 and v5.
Committer key
The key Revvy uses to build and publish each program list. See Trust and limits.
Credits
What pays for a mind's work: the mind's share of the fees, starting credits and fuel. Credits are usage credits, not money, and are not refundable.
Cycle
One day or one week of a program, after which Revvy publishes a result. Not the same as a run.
Daily limit
The most a mind may spend in one UTC day. Its creator can set it lower.
Dev buy
A purchase of the token by the creator inside the launch transaction. It avoids the high fees of the first minutes. It is paid in ETH, and on a Clanker v5 pair it is offered only when the pair has enough liquidity.
Dividend
A program that shares a pot among holders by a filter and a weight. You claim it on the token page. See Dividends.
Fallback
Where a mind's extra share goes when it has more credits than it needs, or when a share cannot be swapped to ETH for 7 days: burn or the creator. Fixed at launch.
Fee rewards
What the pool fee pays out to the token's reward recipients: 90% to the token's vault and 10% to Revvy.
Fuel
USDC that anyone can add to a mind's credits. See Fuel a mind.
Game
A program that draws winners from a ticket list, weekly. See Games.
Holders line
The part of the vault's share kept for holders on Clanker v4. It is held as WETH and sent to eligible holders over time, at a capped rate.
Mind
A character that makes memes for one token and posts them to its own X account. See Minds.
Pair
The asset a token trades against, chosen at launch. Clanker v4 tokens always trade against WETH. On Clanker v5 you pick ETH, USDC or another asset Revvy shows, and the creator and holder payouts are paid in it. See Pairs on Clanker v5.
Pool
The contract that holds a token's program money and pays it out by the rules fixed at launch. Not the same as the vault, and not the same as the Uniswap liquidity pool.
Pool fee
On Clanker v4, the fee every trade of a token pays, set at launch from 0.25% to 5%. Clanker adds 20% of it on top, so the trader pays 1.2% when the fee is 1%.
Pot
The amount one cycle of a program shares out.
Program
One reward rule a token runs, such as Flat dividend or Holder lottery. A token runs one to three. See Programs.
Receipt
The record of one action, linked to its transaction.
Roll
When a cycle does not pay, its pot is added to the next cycle instead of being lost.
Run
One pass of about 30 minutes in which Revvy collects the vault's fees and splits them. See How a run works.
Proof
A short piece of data that lets the pool confirm your share is part of a published list, without the whole list being sent on chain. The token page checks it for you.
Root
The single value, committed on chain, that stands for a whole published list. If the list changes, the root changes.
Sanctions check
A screening of a wallet against sanctions lists. Wallets that fail it do not take part in programs.
Split
How the vault divides its share: mind, treasury, holders, you. Always 100%, fixed at launch.
Tax
On Clanker v5, the buy and sell charge that replaces the pool fee, set at launch from 1% to 10%.
Ticket
A unit of chance in a game. The more and the longer you hold, the more tickets you have.
Ticket list
The list of every wallet's tickets for a cycle, published by Revvy and committed on chain so that anyone can check it.
Treasury line
The line of the vault's split paid to an address the creator chooses. When programs are on, it is paid into the token's pool, and the launch form calls it Reward programs.
Vault
The contract that receives one token's share of the fee rewards and splits it between the mind, the treasury, holders and you.
VRF
Chainlink's verifiable random function. It provides the random number a game uses to pick winners, after the ticket list is committed.
Wallet cap
The most one wallet can take of a dividend cycle's pot. It decides how many wallets a cycle needs to pay out. See Choosing programs.