Glossary
Terms and Definitions
Platform Terms
OwnaFarm
Platform connecting farmers with investors through gamified invoice financing
Seed
Tokenized invoice represented as a virtual plant
Garden
Investor portfolio showing active investments as crops
Harvest
Action of claiming principal plus yield at maturity
GOLD
Platform ERC-20 token for investments and rewards
Water Points
In-game resource for daily plant interactions
XP
Experience points from platform engagement
Level
Investor tier based on accumulated XP
User Roles
Farmer
User who submits invoices for funding
Investor
User who funds invoices by purchasing seeds
Offtaker
Buyer/company that issued the invoice
Admin
Platform operator managing approvals
Financial Terms
Invoice
Document representing money owed by offtaker to farmer
Tokenization
Converting real-world asset to blockchain asset
Principal
Original investment amount
Yield
Return/profit on investment (percentage)
Basis Points (bps)
Unit for yield: 100 bps = 1%
Maturity
Date when invoice becomes payable
RWA
Real World Assets - tokenized physical assets
Blockchain Terms
Smart Contract
Self-executing code on blockchain
ERC-20
Fungible token standard (GOLD)
ERC-1155
Multi-token standard (invoice NFTs)
NFT
Non-Fungible Token for unique ownership
Gas
Transaction fee for blockchain operations
Wallet
Software for managing blockchain addresses
Mantle Network
Layer 2 blockchain used by OwnaFarm
L2
Layer 2 scaling solution on Ethereum
Technical Terms
Wei
Smallest token unit (1 GOLD = 10^18 wei)
ABI
Application Binary Interface for contracts
RPC
Remote Procedure Call for blockchain communication
WAGMI
React hooks library for Ethereum
Viem
TypeScript Ethereum library
Invoice Statuses
Pending
0
Awaiting admin review
Approved
1
Open for investment
Rejected
2
Did not pass review
Funded
3
Fully invested
Completed
4
All claims processed
Formulas
Yield Calculation
Duration Conversion
Token Conversion
Abbreviations
API
Application Programming Interface
BE
Backend
FE
Frontend
DB
Database
SC
Smart Contract
TX
Transaction
KYC
Know Your Customer
PWA
Progressive Web App
Common Values
Time Durations
1 day
86,400
7 days
604,800
30 days
2,592,000
90 days
7,776,000
Yield Rates
1%
100
5%
500
10%
1,000
15%
1,500
20%
2,000
Last updated
