Glossary
Terms used across the DGP-003 Deepstate protocol.
| Term | Meaning |
|---|---|
| 2DEEP | 18-decimal capped reward and governance token introduced by DGP-003 |
| Activation | First nonzero top order that starts one Rewarder V3 side's 365-day schedule |
| Ask | Order selling the first named asset for the second |
| Best ask | Lowest-priced current ask |
| Best bid | Highest-priced current bid |
| Bid | Order buying the first named asset with the second |
| Book | One token pair's isolated order tree for an epoch |
| Claimant registration | Engine-verified caching of an order owner before cancellation deletes the record |
| Deep State Incorporated | Operator of deepstate.sh and recipient of the time-vested token endowment |
| Deepstate Treasury | Multisig that operates Rewarder Factory V3 |
| Emission ceiling | Maximum prefunded 2DEEP a side can accrue by a timestamp before size and spread scaling |
| Endowment term | First two years of ordinary 2DEEP minting, during which each mint adds 30 / 70 to a Sablier stream |
| Epoch | Isolated generation of a pool's order-book state |
| Factory operator | Address allowed to deploy and remove markets without owning the Factory |
| Full-reward quantity | Maker sold amount required for a 100% quantity factor |
| Guardian | Governance-appointed address able to cancel an unexecuted proposal |
| Hook | Optional per-pool callback invoked after a canonical top-of-book transition |
| Legacy DEEP | Original reward and STATE-deposit token; redeemable 1:1 for 2DEEP |
| Legacy STATE | Original voting-vault share; redeemable at the immutable DGP-003 snapshot rate |
| Market ask | Maker sells the first named asset and buys the second |
| Market bid | Maker buys the first named asset and sells the second |
| NVDA | 18-decimal tokenized NVIDIA asset in the launch market |
| Prefunded allocation | 100 million 2DEEP minted into one Rewarder V3 at market deployment |
| Protocol fee | Router-enforced fee on matched taker output, currently 10 bps to the Governor |
| Rewarder V3 | Pool-specific top-of-book reward accounting contract |
| Sold amount | Live collateral offered by a maker: quote token for a bid and base token for an ask |
| Spread multiplier | Reward factor determined by the tick distance between the best bid and ask |
| Superior price | Mechanically best executable price in a Deepstate book |
| USDG | 6-decimal quote and liquidity token |
Sorted-token warning
The Router sorts token addresses and uses internal isBid semantics around token0. Market-facing documentation uses conventional pair notation such as NVDA/USDG. Integrators must map those orientations explicitly.