Glossary

Terms and Definitions


Platform Terms

Term
Definition

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

Term
Definition

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

Term
Definition

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

Term
Definition

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

Term
Definition

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

Status
Code
Meaning

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

Abbr
Full Form

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

Duration
Seconds

1 day

86,400

7 days

604,800

30 days

2,592,000

90 days

7,776,000

Yield Rates

Percentage
Basis Points

1%

100

5%

500

10%

1,000

15%

1,500

20%

2,000

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