Glossary

Understand the key concepts that drive Canopy.

AEGIS Contract

An autonomous smart contract responsible for managing liquidity and token interactions within Canopy, ensuring seamless and secure operations.


Directional Liquidity

Liquidity provision that allows for single-token liquidity provision, minimizing the risk of over-selling assets and reducing exposure to impermanent loss.


$LEAF Token

The primary liquidity token used for trading, liquidity provision, and governance within the Canopy ecosystem.


$OAK Token

A token representing long-term value accrual, redeemable for an increasing amount of $LEAF tokens over time, incentivizing sustained participation.


Impermanent Loss

The temporary loss of funds experienced by liquidity providers due to volatility in a trading pair, which Canopy mitigates through D-AMM technology.


Liquidity Provider (LP)

An individual or entity that supplies tokens to liquidity pools in exchange for potential rewards, contributing to the ecosystem's liquidity and stability.


Single-Token Liquidity

Specialized pools within the D-AMM where asset owners can deposit a single type of token for liquidity provision without needing to pair assets.


Directional Liquidity

A type of AMM that allows for single-token liquidity provision, reducing the risk of impermanent loss.


Protocol-Owned Liquidity

Liquidity that is owned and managed by the Canopy platform itself, reinvesting fees back into the ecosystem for sustainable growth.


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