📘Key Terms

A place for users to look words they may be unsure about in web3

A - E

Admin: The members who are responsible for the shared wallet

Co-Ownership: When two or more individuals share ownership of an asset on Lore.

Contribution: Users who have contributed to a shared wallet

Delegate: The member who is authorized to represent a group

Delegation: The act of delegating NFTs/Tokens/Entire Shared Wallet

Distribution: The collective issuing rewards to members based on their equity

Equity: The ownership % of a shared wallet.

Equity Event: Any event/proposal that will affect equity: funding rounds, exits, disitributions

Equity Management: The process of creating and managing ownership on Lore

Exit: The Group completely paying out the members equity

F - L

M - Z