Glossary

Term	Meaning
Pool	A portfolio and its accounting state, identified by a pool address.
Reserve Asset	A token registered as an asset of the selected pool.
Reserve, a_i	Quantity of token i in its reserve account.
Scale, s_i	Effective accounting value assigned to that reserve.
Pool price, P_i	s_i / a_i, expressed in the pool’s common scale unit.
Weight	An asset’s scale divided by total Reserve Asset scale.
Scale elasticity, e_s	The pool parameter governing how scale changes as reserves move during an elastic action.
Value flow, Σ_i	Signed value exchanged by a leg. For a reserve change, it is P'_i * da_i.
Scale change, ds_i	The difference between ending and opening scale.
Receive allocation	The share of receive-side value assigned to an asset.
LP Token	A token representing a claim on the backing of an LP-owned pool.
Claim Token	A token represented on the claim side of the selected pool’s ledger.
Receipt	A token or ledger balance representing a claim, including deposit-phase receipts.
Surplus	Token inventory held separately from reserves and available for eligible settlement top-ups.
Dispatcher	The address through which clients call the installed protocol modules.
Module	An implementation of a group of functions installed in the Dispatcher.
Intent	Signed authorization for an executor to submit a specified exchange.
Epoch	One configured deposit or distribution phase with its own lifecycle and receipts.
RWA	A real-world asset; a token’s exposure and rights depend on its issuer and terms.

Roles are pool-specific. A token can be an LP claim in one pool and a Reserve Asset in another. Always identify the pool before interpreting a token’s role.