| LODE | The native ERC-20 token of the Obelisk protocol on Ethereum. Created through minting, destroyed through burning and buy-and-burn. |
| PRELODE | An SPL Token-2022 on Solana. Can be burned permanently to claim LODE on Ethereum. |
| Mint | A time-locked position created by paying ETH. Produces LODE at maturity. |
| Mint Power | One of three values (25, 50, 100) that scales both cost and reward of a mint. |
| Stake | LODE locked for 28-3,500 days to earn shares and receive ETH payouts. |
| Shares | Units earned from staking. Determine your portion of cycle payout rewards. |
| Burn | Permanently destroying LODE tokens. Increases the burn amplifier and contributes to the burn pool. |
| Burn Amplifier | A permanent bonus (up to 8%) on all future mint rewards, earned by burning LODE. |
| Cycle Payout | ETH distributed to stakers at regular intervals (8, 28, 90, or 369 days). |
| Burn Pool | A 28-day ETH reward pool distributed to users who burned LODE during the cycle. |
| Buy-and-Burn | Automated system using 62% of protocol fees to buy LODE on Uniswap V3 and burn it. |
| Share Rate | The LODE-per-share ratio when staking. Increases daily (800 -> 2,800). Higher rate = fewer shares per LODE. |
| EAA (Early Adopter Amplifier) | A bonus on mint rewards that decays to zero over ~350 days. Rewards early participants. |
| Genesis Wallet | Protocol treasury receiving 3% of distributed ETH and 8% of every mint claim. |
| Grace Period | 7-day window after mint/stake maturity with zero penalty for claiming/ending. |
| Contract Day | A 24-hour period from genesis. Protocol parameters update once per contract day. |
| Merkle Proof | Cryptographic proof that your burn total is included in a snapshot. Used for PRELODE claims. |
| Snapshot | Periodic off-chain process (every 6h) reading Solana burn data and posting a Merkle root to Ethereum. |
| Delta Claim | Claiming only the difference since your last claim. Used for incremental PRELODE->LODE claims. |
| Proof-of-Burn 2.0 | System allowing third-party contracts to burn LODE on behalf of users with optional rebates and builder fees. |
| tRank | Sequential global mint counter. Each mint gets a unique tRank used for reward tracking. |
| Emergency End Stake (EES) | Ending a stake before maturity (after 50%) with a 50% penalty. |