๐Ÿ“–Glossary

Glossary of Intuition terms.

TermDefinition

DID

Decentralized identifier as defined by the W3C DID Spec

VC

Verifiable Credential as defined by the https://www.w3.org/TR/vc-data-model/

Identity

Identities are the smallest units of knowledge in Intuition. Identities are the building blocks that form claims, represented as Subjects, Predicates, Objects, and Claims. All Claims are a composition of Identities, and Claims can be used as Identities in other Claims.

Claim

Claims are Semantic Triples. Claims are in the form of Subject-Predicate-Object. Composed of Identities.

Subject

A noun, identified by the name. Serves as a base for other objects. This is the entity that a Claim is about. Example: "Billy is Trustworthy." -> "Billy" is the Subject.

Predicate

The key in the key-value pair of Predicate: Object. Example: "Billy is Trustworthy." -> "is" is the Predicate.

Object

The value in the key-value pair of Predicate: Object. Example: "Billy is Trustworthy." -> "Trustworthy" is the Object.

Confidence

A visual representation of the relative sentiment about an identity based on the total amount staked by attestors.

Conviction

Conviction represent units of ownership in Identities and Claims.

Conviction Price

Conviction price is the price of a unit of ownership.

Position

Your individual position denotes your amount staked or amount of conviction units owned on an identity.

Attestors

The number of users who have an active position on an identity.

TVL

Total value locked is the total amount staked on this identity across all attestors. This is a userโ€™s individual % owned of TVL.

Vault

ERC-4626 Tokenized Vault Standard.

MultiVault

Extension of ERC-4626 Tokenized Vault Standard. Vaults are referenced by vault_id.

Stake

Users can stake on an object to indicate agreement or usefulness. In doing so, users gain partial ownership of the object and receive rewards from its continued utility.

Counter-Stake

Contrary to staking, users can indicate disagreement with an object by counter-staking. In doing so, users also become partial owners and receive rewards if others oppose as well.

Fee

The amount that an action costs to perform.

Atom Fee

The fee paid to Create or Stake on an Identity (Atom). A portion of the Atom Fee pays all holders of the respective Identity's Atom Shares.

Triple Fee

The fee paid to Create or Stake on a Claim (Triple). A portion of the Triple Fee pays all holders of the respective Claim's Triple Shares.

Atom Equity Fee

The fee paid to the creator of an Identity, when that Identity is used in a Claim, both on creation and staking.

Interpretation

A method by which state in the Intuition system is interpreted. Any data can be interpreted any way. However, reusable interpretations and interpretation models enable deeper cooperation between higher-level actors.

Official Interpretation

An Interpretation that has an officially approved meaning. For example, a Claim having a "hasAccess" Predicate may have an Official Interpretation of granting the user access to something.

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