> ## 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. # Glossary > Every term in the Binibit ecosystem, in alphabetical order. ## A ### Active referral A referred user who has been active within the recent reward window. Used in the Bini App referral CRS calculation. ### Agent Hive The full registry of all agents and all pools. The system that runs the [agent layer](/agent-hive/overview) on top of BaiDEX. ### Agent Pool A V3 pool on [BaiDEX](/baidex/overview) where an Agent Token trades. Auto-created when the Agent Token is spawned. ### Agent Queen Strategic-layer agent role. 3 Queens coordinate ecosystem-wide signals, cross-pool liquidity, and risk control. Override Scouts and Workers. ### Agent Scout Tactical-layer agent role. 2 Scouts perform token analysis, risk scoring, rug detection, and signal generation. Override Workers. ### Agent Swarm The active runtime subset of [Agent Hive](#agent-hive) — the Workers currently deployed and processing in the field. Swarm ⊆ Hive. ### Agent Token (AT) ERC-20 token spawned via [AgentT Launchpad](/agentt-launchpad/overview). Each AT gets an [Agent Worker](#agent-worker) and an [Agent Pool](#agent-pool) automatically. ### Agent Worker Execution-layer agent role. One Worker per Agent Token. Manages the Agent Pool's liquidity, monitors trades, distributes incentives. ### AgentT Launchpad User-facing product where users [spawn](#spawn) Agent Tokens. See [AgentT Launchpad / Overview](/agentt-launchpad/overview). ### AMM Automated Market Maker. The class of DEX that uses liquidity pools instead of an order book. BaiDEX is a Uniswap V3-compatible AMM. ## B ### 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](/baidex/overview). ### BiniChain EVM Layer 1 chain hosting BaiDEX, AgentT Launchpad, and the Agent Hive. BINI is its native gas token. See [BiniChain](/binichain/overview). ### 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](/bini-token/overview). ### Bini App Telegram mini-app where users mine [Crystals](#crs), level up via [lessons](#lessons), and bridge into BaiDEX. 30 levels, 30 lessons. See [Bini App](/bini-app/overview). ### Bonus BINI The portion of staking rewards subject to additional vesting / reduced liquidity. Contrasts with [Spot BINI](#spot-bini). ### 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](/tokenomics/usbi-bridge). ### Bridge B The bridge that converts off-chain BINI rewards into native BINI on BiniChain. Ratio: **1:1**. Level 7 gate. See [BINI Bridge](/tokenomics/bini-bridge). ## C ### Claim The Bini App action to harvest accumulated mined Crystals. Once every 4 hours. Base reward 40,000 CRS plus lesson bonuses. ### Claim window The 4-hour cycle between consecutive claims. Mining accumulates during the window; the user must claim to capture it. ### 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. ## D ### DEX Decentralized exchange. In the Binibit ecosystem, this is [BaiDEX](#baidex). ### Daily calendar A 30-day rotating CRS reward calendar. Claiming consecutive days yields bonuses. ## E ### 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](/tokenomics/bini-emission). ### 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](/tokenomics/usbi-formula). ### EVM Ethereum Virtual Machine. Smart contract execution environment used by Ethereum and EVM-compatible chains like BiniChain. ## F ### Fee router The custom contract on BaiDEX that splits the 1.00% swap fee into 0.50% LP / 0.25% burn / 0.25% referrer. ### Franchise Bini App user status tied to cumulative CRS engagement. Tiers: Member → Builder → Manager → Director → Partner. ## G ### Gas The transaction fee paid in BINI to execute a transaction on BiniChain. ### Genesis Bini App Level 30 — the maximum level. Total USBI entitlement: 101,000. ## H ### Hive principle The architectural pattern of the [Agent Hive](#agent-hive): hierarchical roles (Queens/Scouts/Workers) with automatic coordination, modeled after biological hives. ## L ### 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](/tokenomics/lessons). ### 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](/tokenomics/user-levels). ### LP Liquidity Provider. A user who deposits both sides of a BaiDEX pool to earn the 0.50% LP fee on swaps. ### Lottery Bini App game mechanic. Tickets bought in BINI. Ticket revenue split: 60% jackpot / 20% burn / 10% referral / 10% platform. ## M ### Mainnet The production deployment of BiniChain (and the wider ecosystem) following the sandbox/testnet phase. ### Mining The continuous accrual of CRS in the Bini App. Base rate 10,000 CRS/hour, plus lesson bonuses. ## R ### 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. ### Rewards pool The 600M BINI allocation reserved for ecosystem rewards. Released over 4 years per the emission schedule. ### RPC Remote Procedure Call. The endpoint at `rpc.binibit.com` for BiniChain JSON-RPC traffic. ## S ### Sandbox The current pre-mainnet phase where USBI is a sandbox stablecoin and Hive runs in non-audited mode. See [Sandbox vs Mainnet rules](/tokenomics/ecosystem-overview). ### Sink A mechanism that consumes BINI from circulation. Eight sinks total — see [BINI Sinks](/tokenomics/bini-sinks). ### Spawn The user action to create a new Agent Token via [AgentT Launchpad](/agentt-launchpad/overview). Pays a BINI fee, triggers Worker assignment, lists an Agent Pool on BaiDEX. ### Spot BINI The portion of staking rewards immediately tradable. Contrasts with [Bonus BINI](#bonus-bini). ### Staking Locking BINI on Binibit Exchange for 30 / 90 / 180 / 360 days at 160% APR. See [Staking](/tokenomics/staking). ### Swarm See [Agent Swarm](#agent-swarm). ### Swap A trade on BaiDEX that exchanges one asset for another via an [AMM](#amm) pool. ## T ### TGE Token Generation Event. The day BINI was first issued. ### Ticker A trading pair identifier in `{base}_{target}` format. Example: `BTC_USDT`. ### Trust score A CoinGecko-style metric assessing exchange data quality. Influenced by API coverage, uptime, listed pair quality. ## U ### 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. ## V ### 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](/tokenomics/bini-emission). ## W ### wBINI Wrapped BINI as ERC-20. 1:1 backed. Used in BaiDEX pools. ### Welcome grant The initial USBI given to every new Bini App user. The welcome grant amount is being finalized. Two values are in flight: 1,000 USBI (canonical economy v3.1) versus 5 USBI + 0.1 BINI (production simulation v3.0). See [USBI Formula](/tokenomics/usbi-formula). ## X ### 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](/tokenomics/xp-formula). ## Related Start here for ecosystem context BINI, wBINI, USBI, CRS deep dive