Glossary

APY

Annual Percentage Yield, is the annualized interest rate with taking the effect of compounding into account.

Backing Price

The risk-free value (RFV) of cOHM based on its share of treasury assets. The backing price is calculated as: Liquid Treasury Balance / cOHM Circulating Supply

DAO

Decentralized Autonomous Organization, is a governance mechanism for making decisions in a more trustless and collaborative way. Voting rights are often bound to a governance token. In cantOHM the governance token is scOHM.

Multisig Signers

Those entrusted by the cohmunity to initiate transactions to and from the treasury contract.