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Glossary

Auction Orders​

Auction orders are orders registered on the auction contract to bid on a Creator Coin auction (FTA). The auction orders from multiple users will determine the clearing price of a Creator Coin once the auction is cleared/finalized.

This is equivalent to bids in the context of auctions, but this term is more commonly used in subgraphs and contracts.

Bids​

Bids are equivalent to auction orders.

Bonding Curve​

A bonding curve is a mathematical curve that defines the relationship between the price of a token and the supply of the token. The bonding curve is used to determine the price of a Creator Coin in the Creator Coin auction (FTA).

To learn more about the bonding curve that is implemented in the Moxie protocol, click here.

Buy Orders​

Buy orders are orders registered on the Moxie Bonding Curve smart contract to purchase a Creator Coin in exchange for a certain amount of the Moxie token deposited into the Vault contract based on the [price](../use-cases/fan-tokens/ 10-get-the-price-of-certain-fan-token.mdx) determined by the Moxie bonding curve.

Creator Coin​

To learn more about Creator Coins, click here.

Creator Coin Auctions​

Creator Coin auctions (FTA) are auctions that are conducted to determine the clearing price of a Creator Coin based on the bids from multiple users. The clearing price is determined by the Moxie bonding curve and the auction orders from multiple users.

Moxie Pass​

Moxie Pass is a Soulbound NFT that is required by the Moxie protocol to hold Creator Coins prior to 22nd November 2024. This NFT is mainly only available to those who have Farcaster account.

By 22nd November 2024, holding Moxie Pass NFT is no longer a requirement and any EOA wallet or contract address on Base can now buy and hold Creator Coins.

Sell Orders​

Sell orders are orders registered on the Moxie Bonding Curve smart contract to sell a Creator Coin in exchange for a certain amount of the Moxie token withdrawn from the Vault contract based on the [price](../use-cases/fan-tokens/ 10-get-the-price-of-certain-fan-token.mdx) determined by the Moxie bonding curve.

Subject Token​

Subject token is equivalent/synonymous to Creator Coin. This term is more commonly used in subgraphs and contracts.

Portfolio​

Portfolio is defined as all the Creator Coins that a user owns. To get a user's portfolio, follow this tutorial here.

Vault​

Vault is a smart contract that holds the Moxie token when Creator Coins are purchased. On the other hand, if a Creator Coin is sold, then the Moxie token will be withdrawn from the Vault contract.

To learn more about the Vault contract, click here.