# Glossary

> A short guide to the words used across Giwater.

## Trading

**Swap** — exchanging one asset for another.

**Pair** — the two assets that can be exchanged in a pool.

**Price impact** — the price movement caused by your own trade.

**Price tolerance / slippage** — the additional price movement you agree to accept before a swap is stopped.

**Minimum received** — the lowest amount the swap is allowed to return.

## Liquidity

**Pool** — a shared supply of two assets used for swaps.

**Liquidity** — assets deposited into a pool.

**Liquidity provider** — someone who adds assets to a pool and can earn part of its trading fees.

**Position** — your deposit in a pool, including its selected price range.

**In range** — the market price is inside your position's limits, so it can earn fees.

**Out of range** — the market price is outside your limits, so the position is not earning new fees.

**APR** — an estimate of yearly earnings if the recent rate continued. It is not guaranteed.

## Wallet

**Wallet** — the app that holds your address and asks you to approve actions.

**Network** — the blockchain environment where transactions happen. Giwater currently uses GIWA Sepolia.

**Network fee / gas** — the small amount of test ETH paid to process a transaction.

**Approval** — permission for Giwater to use a selected asset for a later action.

**Confirmation** — the wallet step that submits an action to the network.

## Rewards

**Claim** — moving earned pool fees or faucet assets into your wallet.

**Points** — testnet progress earned from missions. Points have no stated cash value.

**Streak** — consecutive days of completed mission activity.

**Gacha pack** — a testnet purchase that reveals one or more digital trading cards.

**NFT** — a unique digital item owned by a wallet. Giwater Gacha cards are testnet NFTs.