Glossary

Admin: The members who are responsible for the Fund wallet

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

Contribution: Users who have contributed to the Fund wallet

Delegate: The member who is authorized to represent the Fund

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

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

Equity: The ownership % of the Fund wallet

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

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

Exit: The Fund completely pays out the member's equity

Fund: (1) or more users with a Lore Wallet

Fund Management: The management of the Fund

Fund Valuation: The fund's total wallet total valuation

Fund Wallet: The Lore Wallet

Funding Round: A stage at which the Fund is raising capital

Initiative: A Fund's interest in an assignment/initiative

Lore: The Onchain Fund Platform

Lore Framework: Refers to the Lore framework and core concept

Lore Fund: Ann MPC wallet

Manager: The members who are responsible for the fund wallet

Member Equity: An individual member’s equity based on contributions

Members: Users who are members of a Fund

NFT Valuation: The manual valuation of the Fund's NFTs

Onchain: An initiative/proposal that is stored on a blockchain

Onchain Fund Platform: Refers to Lore

Payout: The Fund completely pays out the member's equity

Proposals: Refers to a suggestion made by a member of the Fund

Refund: A contribution is sent back to the sender

Safe: The multi-sig wallet Lore is built on

Signer Count: The required number of signatures to complete a proposal