Glossary

Accumulator — the shared object paired with each operational project that holds the yield index, the reward pool, and the project's mint authority. It is the engine that turns deposited revenue into claimable yield.

All-or-nothing — the funding rule: a raise either reaches its goal and converts to deeds, or fails and refunds everyone in full. Capital is never partially deployed.

Compensation pool — funds gathered to make investors whole after a slashing or a default (undeployed escrow, slashed coverage, and entity collateral). Distributed through the yield index after a grace window.

Coverage — the slice of a validator's stake locked against one specific project they've vouched for. It is their slashable bond on that project's legitimacy.

Crank — a permissionless maintenance action anyone can call once its on-chain conditions hold (finalize, abort, sweep, flag-default, resolve, close). See the Keeper guide.

Decentralized Legal Oracle — the validator network's real role: parties who stake USDC to attest to, and continuously maintain, the legal enforceability and compliance of an asset's Smart Trust — not merely to confirm a document exists.

Deed — the everyday name for a GallyShare: an owned, transferable Sui object representing fractional ownership, where one share equals one USDC of original principal.

Diamond-Hand multiplier — the emergent effect by which unwrapped holders earn a larger yield share as others wrap, because the index counts only unwrapped supply.

Digital twin — the on-chain reflection (funding goal, tranche schedule, revenue split, closure terms) of the off-chain Smart Trust's legally agreed terms. The numbers aren't invented on-chain — they mirror the legal contract.

Dual-layer security — Gally's model: on-chain code (escrow, never-pausable exits, slashing, the yield engine) for mathematical safety, plus the off-chain Smart Trust (a court-enforceable contract) for legal enforcement. Code + courts.

Entity — the real-world party (builder, business, manufacturer) that operates the asset and raises capital. Legally bound by the Smart Trust and computationally restricted on-chain — trusted to operate, never trusted with unconditional custody of funds.

Grace window — the period after a slashing or default during which wrapping is frozen so every holder can unwrap and become eligible for compensation before it is swept.

Index (cumulative yield index) — a single running number representing lifetime investor revenue per unwrapped share. Holders compute what they're owed from the gap between it and their last claim.

Lazy pull — the O(1) distribution model: deposits move the index; holders pull their own delta on claim. No loops over holders, ever.

One-time witness (OTW) — the Sui pattern a project's token package uses to guarantee a single, unique token type with a virgin mint authority.

Receipt (ContributionReceipt) — the soulbound object you hold during funding; burn it to refund (if the raise fails) or to claim your deed (if it succeeds).

Reward pool — the USDC inside an accumulator that backs all unclaimed yield. It always holds at least what is owed.

Rollover reserve — revenue parked when unwrapped supply is zero; swept into the index on the first unwrap so nothing is stranded.

SCALE — the fixed-point scaling constant (${10}^9$) used so the index can track fractional per-share yield in integer math.

Slashing — the seizure of a validator's coverage (or an entity's collateral) to compensate investors after proven misbehavior.

Smart Trust — the legally binding, court-enforceable contract that ties the operating entity and the real asset to the deeds. It defines ownership and voting rights, the entity's obligations, operation/maintenance, tax handling, and local/state/federal compliance — the off-chain half of Gally's dual-layer security. Its document hashes are pinned on-chain and vouched by a validator.

Soulbound — a Sui object that cannot be transferred by generic code (it lacks the store ability). The capability keys and the contribution receipt are soulbound.

Tranche — one deadline-bound, validator-gated slice of a project's escrowed capital, released only after its milestone is proven and approved.

Validator — a decentralized legal oracle: a staked party who vouches for an asset's Smart Trust (its legal strength + compliance), approves milestones, and serves on dispute juries. Liable for damages — backed by slashable USDC.

Vouch — a validator's stake-backed attestation that an asset's Smart Trust is authentic, legally sufficient, and compliant — which moves the project into funding and remains the validator's standing liability.

Wrapping / unwrapping — converting a deed into a standard Coin<T> for DeFi liquidity (wrap) and back into a yield-earning deed (unwrap). Wrapped coins forfeit yield; unwrapping owes zero retroactive yield for the wrapped period.