Owner

C-chain address creating minipools with Node IDs

Liquid Staker

User who deposits AVAX in exchange for ggAVAX. The ggAVAX <-> AVAX exchange rate will increase as Staking rewards are deposited.

Minipool

A pool of AVAX created by a Node Operator. After being matched with Liquid Staker funds, Rialto will withdraw all funds to stake and become a validator under the Node Operator's Node ID on Avalanche's P-chian.

Node Operator

An owner of a Minipool controlling hardware. They deposit half of the AVAX required to validate.

Protocol DAO

Place where Protocol settings are stored. Not a DAO yet. Probably more aptly named Protocol Settings.

Multisig

A threshold multisig bridge between the C-Chain and the P-Chain. Internally referred to as Rialto.

Rialto

Threshold multisig bridge for moving funds between C-Chain and P-Chain. Calls to contracts to stake & process Minipools, start Rewards cycles, distribute GGP Rewards, etc.

Token GGAVAX

Liquid Staking token. Represents staked AVAX in the protocol.

Token GGP

Inflationary Protocol Token. Inflated tokens are used as rewards for Node Operators, the Protocol DAO and Rialto multisigs. Used as collateral for Minipools.

Ocyticus

Contract to allow disabling all Multisigs and pausing other network contracts.

AVAX Assigned

AVAX that a Node Operator has been assigned from the liquid staker funds for use in creating a full validator node

AVAX Assigned High Water

For the purposes of GGP rewards, we use the highest amount of AVAX a Node Operator was assigned during a given rewards period

Collateralization Ratio

Ratio of GGP staked to AVAX Assigned

Minipool Statuses

PreLaunch

Created with Node Operator AVAX and awaiting match with Liquid Staker funds and launch by Rialto.

Launched

Rialto has claimed the funds and will send the validation transaction.

Staking

The minipool's corresponding Node is staking and validating on Avalanche's P-chain.