Solana & Staking Glossary
Plain-English definitions of the terms you'll meet when buying and staking $1WIN.
Solana
A high-speed public blockchain with low fees. 1WIN is built on Solana.
SOL
Solana's native coin, used to pay network fees and to swap for tokens like $1WIN.
SPL token
The token standard on Solana, similar to ERC-20 on Ethereum. $1WIN is an SPL token.
Mint address (contract address, CA)
The unique on-chain address that identifies a token. The only reliable way to tell the real $1WIN from fakes.
Mint authority
The permission to create new tokens. Revoking it fixes supply permanently.
Freeze authority
The permission to freeze tokens in a wallet. Revoking it means nobody can freeze your $1WIN.
DEX
Decentralised exchange: a smart contract where users swap tokens directly from their wallets.
Liquidity pool
A pool of two tokens (e.g. SOL and $1WIN) that lets people trade on a DEX.
LP tokens / LP lock
Tokens representing a share of a liquidity pool. Locking them stops the liquidity being withdrawn.
Slippage
The difference between the expected price of a swap and the price you actually get.
Staking
Locking tokens in a program to earn rewards. In 1WIN, stakers share a fixed rewards pool.
Emission
The amount of reward tokens released over a period.
APY / APR
Annual percentage yield / rate. For 1WIN it is variable, so no fixed figure is promised.
Vesting
A schedule that releases tokens gradually. 1WIN team tokens vest over 36 months.
Cliff
A period at the start of vesting during which no tokens unlock. 1WIN's team cliff is 12 months.
Multisig
A wallet that needs several people to approve a transaction.
Recovery phrase (seed phrase)
The 12 or 24 words that control a wallet. Never share them.
Rug pull
A scam where creators drain liquidity or dump tokens. Locked liquidity and vesting reduce this risk.
Wallet drainer
A malicious site that tricks you into signing a transaction that empties your wallet.
Market cap
Token price multiplied by circulating supply.