Reference
Glossary
The terms used across BRUNE and these docs.
Terms
| Term | Meaning |
|---|---|
| Bonding curve | A pool that always quotes a price from its own reserves; buying raises the price and selling lowers it. |
| Bridge | The BNB Chain contract that moves a coin 1:1 between BNB Chain and Bitcoin by locking and releasing tokens. |
| BTCB | Binance-Peg BTC, Bitcoin on BNB Chain issued by Binance; every BRUNE coin is paired with it. You can pay in BNB instead. |
| CA | The coin's unique contract address on BNB Chain. BRUNE coin addresses end in 7777. |
| Creator | The wallet that launched a coin; it earns creator fees unless they were routed or given to holders. |
| 2-of-2 custody | A Bitcoin address that needs two signatures to move: BRUNE's and the co-signer's. Every BRUNE coin has its own. |
| Co-signer | BRUNE's independent second signer, a program on the Internet Computer that signs only real bridge payouts. Its key is held by the Internet Computer network. |
| Custody | The Bitcoin addresses holding each coin's Rune supply: the coin's 2-of-2 address and its 2-of-2 deposit addresses. |
| Dev buy | The creator's own first buy, inside the launch transaction; at least 0.001 BNB. |
| Dividend | BTCB paid by a coin's Flap dividend contract to its holders, pro rata. |
| Etching | The Bitcoin transaction that creates a Rune. |
| Fee vault | The contract created with each coin that receives its share of the tax and pays the fixed recipients. |
| Flap | The BNB Chain launch protocol whose bonding curve and tax tokens every BRUNE coin uses. |
| Graduation | The move from the bonding curve into a PancakeSwap V2 pool with burned liquidity, at ₿0.156 raised. |
| Inscription | Data written permanently on Bitcoin; BRUNE inscribes each coin's logo and details. |
| Metadata | A coin's name, ticker, image, description and links. On BRUNE it is stored with the token on IPFS and inscribed on Bitcoin. |
| Parent inscription | The inscription a Rune is etched with. On BRUNE it carries the coin's logo and metadata. |
| Premine | The supply created at etching; for BRUNE coins, all of it. |
| Reserved name | A Rune name assigned by Bitcoin from the etching's block and transaction. It cannot be chosen, so it can never be squatted. |
| Rune | A fungible token native to Bitcoin. |
| Rune ID | A Rune's permanent identifier, block:transaction. |
| Rune name | A Rune's unique name. On BRUNE it is used like a CA, an identifier rather than a brand. |
| Slippage | How far the price may move before a trade is cancelled; BRUNE uses 1% by default. |
| Tax | The fee every BRUNE coin charges on trades with its pools (1%), split between Flap, the coin's recipients and BRUNE. |
| Taproot address | A Bitcoin address starting with bc1p, required to hold Runes safely. |