> For the complete documentation index, see [llms.txt](https://loadout.gitbook.io/product-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://loadout.gitbook.io/product-docs/resources/glossary.md).

# Glossary

| **Term**                | **Definition**                                                                                                                                                      |
| ----------------------- | ------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Bonding Curve           | The initial pricing mechanism used when a project launches. Price starts low and increases as more SOL is deposited into the curve. Early buyers get better prices. |
| Fair Launch             | A launch type where 100% of the token supply goes directly to the market. No team or treasury allocations.                                                          |
| Studio Launch           | A launch type that allows studios to reserve up to 40% of the token supply (max 20% team + 20% treasury) with mandatory on-chain vesting.                           |
| Graduation              | The moment a project reaches 60 SOL in its bonding curve. It automatically transitions into a permanent Meteora DLMM liquidity pool with locked LP.                 |
| Meteora DLMM            | A concentrated liquidity pool on Solana used by Loadout after a project graduates. Provides deeper and more efficient liquidity.                                    |
| Project Treasury        | The wallet controlled by the studio that receives 4% of every trade. Funds are used for game development, marketing, and operations.                                |
| Loadout Protocol Fee    | The 1% fee taken from every trade. This supports platform operations, referrals, and trader rebates.                                                                |
| Vesting                 | On-chain mechanism that locks team and treasury allocations over time (6, 12, or 24 months) with a configurable cliff.                                              |
| LP (Liquidity Provider) | The liquidity added to the Meteora pool at graduation. On Loadout, this LP is permanently locked.                                                                   |
| Verified Project        | Projects manually reviewed and approved by the Loadout team.                                                                                                        |
| Token Metadata          | Token Name, Symbol, Description, and Image. These cannot be changed after the project launches.                                                                     |
| GDD                     | Game Design Document. A required document that outlines the game’s vision, mechanics, and roadmap.                                                                  |
| Custom Launch           | Another name for Studio Launch.                                                                                                                                     |
| Simple Launch           | Another name for Fair Launch.                                                                                                                                       |
| On-Chain                | Actions or data stored directly on the Solana blockchain (transparent and immutable).                                                                               |
| Off-Chain               | Data stored in our database (e.g. project descriptions, images, team info).                                                                                         |