Glossary

• Aggregator — Registry/oracle contract where new Vault, Strategy, and Escrow clones are permissionlessly deployed and where validators attest to Price‑Per‑Share updates.

• Circuit Breaker — On‑chain guard that pauses swaps or vault actions when oracle‑price dispersion or depeg thresholds are breached.

• Depeg Guard — Absolute price‑deviation threshold for an individual asset in a SuperAsset. If breached, swaps pause and the asset weight decays.

• Dispersion Guard — Parameterised limit on the standard deviation of constituent‑asset prices inside a SuperAsset; tripping it triggers a circuit breaker.

• EIP‑7702 — Ethereum standard that allows EOAs to act as smart accounts, enabling existing wallets to interact with account‑abstraction systems without migration.

• ERC‑4337 — Account‑abstraction standard that lets smart‑contract wallets function like EOAs via a UserOperation mempool and bundler system.

• ERC‑7540 — Vault standard defining interfaces for asynchronous deposits and withdrawals.

• ERC‑7579 — Modular smart‑account standard enabling plug‑and‑play functionality through a standardised module interface.

• Escrow — Immutable contract that holds idle funds between strategy steps and enforces withdrawal rights.

• Hook — Lightweight, ERC‑7579‑compliant module that performs a single action (e.g., lend, bridge) inside a strategy call‑graph.

• Insurance Fund — Reserve funded by yield earned and swap fees; used to cover shortfalls during black‑swan events.

• Ki — Governance‑set efficiency coefficient that weights a vault’s importance when computing incentives.

• Price‑Per‑Share (PPS) — Cumulative value of a SuperVault denominated in its underlying asset; monotonically increasing and signed by validators.

• SuperAsset — ERC‑20 basket token that auto‑rebalances across multiple SuperVaults, compounding yield, swap fees, and issuer incentives.

• SuperBank — Coordination contract that routes protocol‑level fees, burns $UP for upkeep, and handles escrow/bond commitments.

• SuperBundler — Off‑chain relayer that batches user deposits and executes hook graphs across chains, returning a single receipt.

• SuperGovernor — On‑chain module where sUP holders propose and vote on protocol events, such as SuperAsset target weights.

• SuperOracle — Modular oracle‑adapter set providing fair‑market prices and volatility metrics to SuperAssets and circuit breakers.

• SuperPosition — ERC‑20 receipt minted by Vault Banks representing a user’s position on the source chain; streams yield back to mainnet.

• SuperVault — Validator‑secured vault template that can run arbitrary hook‑based strategies while exposing deterministic PPS and fee rules.

• $UP / sUP — $UP is the utility token of the Superform Protocol; staking it yields sUP, granting governance rights and enabling validator/strategist bonding.

• Validator — Economically‑bonded actor that signs SuperVault PPS updates and, in future, other oracle data; slashable for misbehaviour.

• Vault Bank — Chain‑specific deposit contract that mints SuperPositions and handles cross‑chain locking/unlocking for SuperVaults.