Glossary

Documentation Index

Fetch the complete documentation index at: https://docs.binibit.com/llms.txt

Use this file to discover all available pages before exploring further.

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A

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Active referral

A referred user who has been active within the recent reward window. Used in the Bini App referral CRS calculation.

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Agent Hive

The full registry of all agents and all pools. The system that runs the agent layer on top of BaiDEX.

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Agent Pool

A V3 pool on BaiDEX where an Agent Token trades. Auto-created when the Agent Token is spawned.

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Agent Queen

Strategic-layer agent role. 3 Queens coordinate ecosystem-wide signals, cross-pool liquidity, and risk control. Override Scouts and Workers.

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Agent Scout

Tactical-layer agent role. 2 Scouts perform token analysis, risk scoring, rug detection, and signal generation. Override Workers.

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Agent Swarm

The active runtime subset of Agent Hive — the Workers currently deployed and processing in the field. Swarm ⊆ Hive.

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Agent Token (AT)

ERC-20 token spawned via AgentT Launchpad. Each AT gets an Agent Worker and an Agent Pool automatically.

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Agent Worker

Execution-layer agent role. One Worker per Agent Token. Manages the Agent Pool’s liquidity, monitors trades, distributes incentives.

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AgentT Launchpad

User-facing product where users spawn Agent Tokens. See AgentT Launchpad / Overview.

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AMM

Automated Market Maker. The class of DEX that uses liquidity pools instead of an order book. BaiDEX is a Uniswap V3-compatible AMM.

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B

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BaiDEX

The agent-managed DEX on BiniChain. Uniswap V3 AMM with custom fee router (1.00% = 50/25/25 BPS) and an agent layer managing every Agent Pool. See BaiDEX.

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BiniChain

EVM Layer 1 chain hosting BaiDEX, AgentT Launchpad, and the Agent Hive. BINI is its native gas token. See BiniChain.

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BINI

Native token of the Binibit ecosystem. 1B fixed supply. Real market value ($0.12 reference). Gas on BiniChain, staking on Binibit Exchange. See BINI Token.

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Bini App

Telegram mini-app where users mine Crystals, level up via lessons, and bridge into BaiDEX. 30 levels, 30 lessons. See Bini App.

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Bonus BINI

The portion of staking rewards subject to additional vesting / reduced liquidity. Contrasts with Spot BINI.

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Bridge A

The bridge that converts off-chain Crystals (CRS) into ERC-20 USBI on BiniChain. Ratio: 10,000 CRS = 1 USBI. Level 5 gate. See USBI Bridge.

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Bridge B

The bridge that converts off-chain BINI rewards into native BINI on BiniChain. Ratio: 1:1. Level 7 gate. See BINI Bridge.

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C

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Claim

The Bini App action to harvest accumulated mined Crystals. Once every 4 hours. Base reward 40,000 CRS plus lesson bonuses.

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Claim window

The 4-hour cycle between consecutive claims. Mining accumulates during the window; the user must claim to capture it.

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CRS (Crystals)

Off-chain game points earned in the Bini App. Virtual — no external value. Spent on lessons, USBI bridge, skins, etc. CRS spent = XP earned.

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D

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DEX

Decentralized exchange. In the Binibit ecosystem, this is BaiDEX.

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Daily calendar

A 30-day rotating CRS reward calendar. Claiming consecutive days yields bonuses.

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E

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Emission schedule

The 4-year monthly BINI release from the Rewards pool. Year 1: 17.5M/month; Year 4: 7.5M/month; Year 5+: 0. See BINI Emission.

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Entitlement

The maximum USBI a user is allowed to claim or bridge. Derived from XP via floor(XP / 10K) + 1,000 welcome grant. See USBI Formula.

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EVM

Ethereum Virtual Machine. Smart contract execution environment used by Ethereum and EVM-compatible chains like BiniChain.

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F

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Fee router

The custom contract on BaiDEX that splits the 1.00% swap fee into 0.50% LP / 0.25% burn / 0.25% referrer.

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Franchise

Bini App user status tied to cumulative CRS engagement. Tiers: Member → Builder → Manager → Director → Partner.

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G

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Gas

The transaction fee paid in BINI to execute a transaction on BiniChain.

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Genesis

Bini App Level 30 — the maximum level. Total USBI entitlement: 101,000.

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H

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Hive principle

The architectural pattern of the Agent Hive: hierarchical roles (Queens/Scouts/Workers) with automatic coordination, modeled after biological hives.

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L

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Lesson

A Bini App upgrade card. Spending CRS on a lesson level increases the per-hour CRS mining bonus. 30 lessons × 10 levels = 300 upgrades. See Lessons.

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Level

1 of 30 user tiers in the Bini App. Each level requires a cumulative XP threshold and unlocks higher USBI entitlement. Level 30 = Genesis. See User Levels.

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LP

Liquidity Provider. A user who deposits both sides of a BaiDEX pool to earn the 0.50% LP fee on swaps.

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Lottery

Bini App game mechanic. Tickets bought in BINI. Ticket revenue split: 60% jackpot / 20% burn / 10% referral / 10% platform.

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M

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Mainnet

The production deployment of BiniChain (and the wider ecosystem) following the sandbox/testnet phase.

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Mining

The continuous accrual of CRS in the Bini App. Base rate 10,000 CRS/hour, plus lesson bonuses.

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R

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Referral

A user invited via referral link. The Bini App has a 3-level referral system on CRS mining (20% / 10% / 5%). Binibit Exchange has a 9-level referral system (R0–R8) on staking rewards.

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Rewards pool

The 600M BINI allocation reserved for ecosystem rewards. Released over 4 years per the emission schedule.

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RPC

Remote Procedure Call. The endpoint at rpc.binibit.com for BiniChain JSON-RPC traffic.

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S

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Sandbox

The current pre-mainnet phase where USBI is a sandbox stablecoin and Hive runs in non-audited mode. See Sandbox vs Mainnet rules.

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Sink

A mechanism that consumes BINI from circulation. Eight sinks total — see BINI Sinks.

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Spawn

The user action to create a new Agent Token via AgentT Launchpad. Pays a BINI fee, triggers Worker assignment, lists an Agent Pool on BaiDEX.

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Spot BINI

The portion of staking rewards immediately tradable. Contrasts with Bonus BINI.

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Staking

Locking BINI on Binibit Exchange for 30 / 90 / 180 / 360 days at 160% APR. See Staking.

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Swarm

See Agent Swarm.

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Swap

A trade on BaiDEX that exchanges one asset for another via an AMM pool.

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T

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TGE

Token Generation Event. The day BINI was first issued.

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Ticker

A trading pair identifier in {base}_{target} format. Example: BTC_USDT.

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Trust score

A CoinGecko-style metric assessing exchange data quality. Influenced by API coverage, uptime, listed pair quality.

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U

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USBI

Sandbox stablecoin (ERC-20) on BiniChain. 1 USBI = $1 simulation unit. Not externally redeemable. Earned via Bridge A from CRS, used as LP side in BaiDEX pools.

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V

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Vesting

Time-based release of allocated BINI. Team: 1 year cliff + 3 years linear. Ecosystem Reserve: 6 month cliff + 48 months linear. See BINI Emission.

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W

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wBINI

Wrapped BINI as ERC-20. 1:1 backed. Used in BaiDEX pools.

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Welcome grant

The initial USBI given to every new Bini App user.

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X

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XP

Experience Points. The single progression metric for user levels and USBI entitlement. 1 CRS spent = 1 XP earned. Capped at 1B for level system. See XP Formula.

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