- Bounds
- The lower and upper prices that define a strategy range.
- Base token
- The asset whose unit price is expressed in the quote token.
- Quote token
- The asset used to express the base token’s price.
- Range
- The price interval where liquidity is active.
- Distribution
- The rule that allocates capital across underlying positions.
- Draft
- An editable, off-chain strategy configuration stored in the current browser.
- Price scenario
- A deterministic view of strategy composition at a user-selected price.
- Strategy
- One user’s range, intent, assets, and logical position record.
- PositionSet
- All Uniswap V3 token IDs managed as one BOUNDS strategy.
- LP fees
- Fees paid by swaps that use active Uniswap V3 liquidity.
- Current price
- The latest canonical pool price used for strategy validation.
- Completed strategy
- A product state where price has crossed the full intended conversion range; it does not mean the on-chain position is closed.