Glossary
The essential terms for how Reiy works. For exact fields and parameters, see Definitions.| Term | Meaning |
|---|---|
| Intent | Your order. It locks the token you sell and records the least you accept, a deadline, and your preferences. You pay your own gas. |
| SBBO | The admission check. An intent is rejected if its minimum is below a fair market price after slippage. |
| Fisherman | The off-chain coordinator. It batches intents, runs solver competition, picks the winner, and signs a certificate. It never holds your funds. |
| Solver | An execution provider that competes to fill intents and settles the winning result on-chain. |
| Stake | A deposit a solver keeps to stay eligible to compete. |
| Auction round | A batch of compatible open intents that solvers compete over. |
| Solution | A solver’s proposed fills and payouts for a round, plus a score. |
| Score | The number Fisherman uses to rank solutions. The highest valid score wins. |
| Certificate | The signed authorization that lets the winning solver settle on-chain. |
| Protected minimum | The guaranteed floor for an intent. Settlement that pays below it is rejected. |
| Gross and net payout | Gross is the amount before fees; net is what you receive after fees. |
| Epoch | An on-chain counter used as a settlement safety boundary. |
| Partial fill | Filling part of an intent now and leaving the rest for a later round. |
| Settlement | The on-chain step where the winning solver delivers your tokens and fees are split. |
| Fee vault | Where the protocol’s share of fees is collected, per token. |
Definitions
Full terms, statuses, and parameters.
Concepts
Learn how these pieces fit together.