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

# Glossary

This glossary defines key terms used across the **cSigma Atlas platform**. These definitions are standardized and should be used consistently across the platform, documentation, and communication.

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### Terms & Definitions

**Tokenized Pool**\
A Tokenized Pool is an on-chain investment pool where lenders deposit capital and receive LP tokens representing proportional ownership. The pool aggregates funds and allocates them into underlying investment portfolios, with value tracked transparently via smart contracts.

**Master Pool**\
A Master Pool is the primary pool that accepts lender deposits. It acts as the central capital source from which funds are allocated to one or more Sub Pools based on predefined allocation strategies.

**Sub Pool**\
A Sub Pool represents an underlying investment portfolio where capital from the Master Pool is deployed. Each Sub Pool is associated with a specific strategy, asset class, or borrower group.

**Fixed Yield Pool**\
A Fixed Yield Pool is a type of Sub Pool where returns are predefined using an APR. The system automatically calculates outstanding balances and accrued returns over time without requiring manual updates.

**Variable Yield Pool**\
A Variable Yield Pool is a Sub Pool where returns are not fixed and depend on underlying asset performance. The Pool Manager must periodically report portfolio value to update pool valuation and LP token pricing.

**Pool Manager**\
A Pool Manager is an institutional participant responsible for creating pools, configuring parameters, deploying capital into underlying assets, and managing repayments and portfolio performance.

**Lender**\
A Lender is a user who supplies capital to Tokenized Pools. In return, they receive LP tokens representing their share and can earn yield based on pool performance.

**APR**\
Annual Percentage Rate (APR) represents the yearly return of an investment pool, expressed as a percentage of the invested capital.

**Projected APR**\
Projected APR is an estimated annual return based on expected performance of underlying assets and strategies defined by the Pool Manager.

**Realized APR**\
Realized APR is the actual annual return generated by the pool over a specific period, reflecting real performance rather than projections.

**Principal**\
Principal refers to the original amount of capital invested by a lender, excluding any interest or returns.

**Outstanding**\
Outstanding represents the total amount of capital currently deployed in underlying investments that has not yet been repaid.

**Total Assets**\
Total Assets refers to the combined value of all assets held by the pool, including deployed capital and reserve funds.

**Assets Under Management**\
Assets Under Management (AUM) is the total value of capital managed by the Pool Manager across all subpools.

**Pool Size**\
Pool Size defines the maximum amount of capital that can be raised in a pool.

**Minimum Investment**\
Minimum Investment is the lowest amount of capital a lender must deposit to participate in a pool.

**Investment Term**\
Investment Term is the duration for which capital is expected to remain invested in a pool.

**Maturity Date**\
Maturity Date is the date on which the investment term ends and capital is expected to be repaid.

**First Loss**\
First Loss refers to capital contributed by the Pool Manager that absorbs initial losses before affecting lender funds, acting as a risk buffer.

**Allocation (%)**\
Allocation defines how capital from the Master Pool is distributed across Sub Pools, expressed as a percentage.

**Sub Pool Wallet**\
A Sub pool Wallet is the operational wallet assigned to a Sub Pool that receives deployed funds and is responsible for returning repayments.

**Reserve Percentage**\
Reserve Percentage is the portion of lender deposits retained in the pool as liquidity instead of being deployed into investments.

**Available Balance**\
Available Balance represents funds that are ready to be deployed into Sub Pools.

**Reserve Balance**\
Reserve Balance represents funds held back to provide liquidity for withdrawals.

**Queued Withdrawals**\
Queued Withdrawals are withdrawal requests that cannot be immediately fulfilled due to insufficient liquidity and are processed later.

**Pending Positions**\
Pending Positions represent individual withdrawal requests waiting in the queue, either partially or fully unfulfilled.

**Vault**\
The Vault is the main pool interface where balances are displayed and fund movement actions such as invest, reserve transfers, and withdrawal processing are managed.

**LP Token**\
An LP Token represents a lender’s proportional ownership in a Tokenized Pool and tracks their share of pool assets.

**LP Price**\
LP Price represents the value of one LP token based on total pool assets and liabilities.

**Exchange Rate**\
Exchange Rate defines the conversion rate between LP tokens and underlying assets at any given time.

**Stablecoin**\
A Stablecoin is a cryptocurrency designed to maintain a stable value, typically pegged to fiat currencies such as USD.

**Invest**\
Invest is the action of depositing funds into a Tokenized Pool in exchange for LP tokens.

**Withdraw**\
Withdraw is the process of redeeming LP tokens to receive the equivalent amount of underlying assets.

**Deploy Funds**\
Deploy Funds refers to allocating capital from the Master Pool to Sub Pools for investment.

**Repayment**\
Repayment is the process of returning funds from a Sub Pool back to the Tokenized Pool.

**Notify Withdrawal**\
Notify Withdrawal is an action used by the Pool Manager to process queued withdrawals using reserve funds.

**To Reserve**\
To Reserve is the action of moving funds from Available Balance to Reserve Balance.

**To Available**\
To Available is the action of moving funds from Reserve Balance back to Available Balance.

**Permissioned Pool**\
A Permissioned Pool restricts participation to whitelisted lenders only.

**Public Pool**\
A Public Pool allows participation from all eligible users without restrictions.

**Whitelist**\
Whitelist is a list of approved wallet addresses allowed to interact with a pool.

**KYC/KYB**\
KYC (Know Your Customer) and KYB (Know Your Business) are verification processes used to validate users and institutions.

**Credit Quality**\
Credit Quality refers to the assessment of a borrower’s ability to repay obligations.

**Credit Rating**\
Credit Rating is a standardized score indicating the creditworthiness of a borrower.

**Delinquency**\
Delinquency refers to a failure to meet repayment obligations on time.

**Network**\
Network refers to the blockchain on which the pool is deployed.

**Wallet Address**\
A Wallet Address is a unique blockchain identifier used to send and receive assets.

**Transaction Hash**\
Transaction Hash is a unique identifier for a blockchain transaction.

**User Profile**\
User Profile contains account details and settings for a user.

**Pool Manager Profile**\
Pool Manager Profile contains details specific to the Pool Manager entity.

**Lender Profile**\
Lender Profile contains details specific to the lender.

**MFA**\
Multi-Factor Authentication (MFA) is an additional security layer requiring multiple verification methods.

**Terms & Conditions**\
Terms & Conditions define the legal agreement governing platform usage.

**Status**\
Status represents the current state of a pool, user, or transaction, such as active, pending, or inactive.