Glossary

Newcomer pages translate the crypto terms so a first-timer is not asked to learn a wallet. This page maps each translated term to what it really is, once, for developers who need the true noun. Each entry links to where the real mechanism is documented.

Account is a smart account

Your Monvera “account” is a non-custodial smart account (ERC-4337). Monvera cannot move your funds without your approval, and the address is readable on Blockscout. Your holdings and positions for any address are public at /api/portfolio?address=. See Your account and recovery.

Free is gas sponsored

“Free to invest” means the network gas cost is sponsored, not that trading has no cost. Monvera pays the ERC-4337 gas through Pimlico, so you never fund gas. You still pay the live market spread on each trade. See What it costs.

$MONVERA is the project token, not the product

$MONVERA is the community’s stake in Vera, launched on Virtuals Protocol on Robinhood Chain (0x7541872e32Bb529d7FF11D6C59832269ce33a6FF). The app never requires it — no feature is gated behind holding it. It is unrelated to the tokenized stocks you invest in. See The $MONVERA token.

Buy is a swap

A “buy” is an on-chain swap raced across the live venues (LI.FI, Uniswap V4 and KyberSwap) and filled wherever the price is best, settling from USDG into the asset token. A “sell” swaps back to USDG. The firm quote, route, and expiry come from POST /api/quote.

A company name and logo is a token

The company name and logo you see is a real tokenized stock or fund: an 18-decimal ERC-20 token in the ERC-8056 family. The catalog of all 95 assets (86 stocks and 9 ETFs) with addresses is at /api/market.

Today’s price is a live executable quote

The price shown before you trade is a live executable quote in USDG, not an indicative feed number. Only firm quotes execute, and each carries an expiry, so a stale quote is refused at commit. Chainlink feeds (8-decimal, corporate-action adjusted) provide chart and reference prices where published. See Where prices come from.

A plan is a basket

A “plan” is a named basket of asset tokens with per-leg weights, reasons, and a risk read. The canonical example is the plan “Steady Growth” over Apple (AAPL), Nvidia (NVDA), the S&P 500 (SPY), and US Treasuries (SGOV). A draft plan comes from POST /api/allocate.

USDG is the settlement currency

USDG (Global Dollar) is the 6-decimal stablecoin every trade settles in, at address 0x5fc5360D0400a0Fd4f2af552ADD042D716F1d168 on chain 4663. Amounts in the API are USDG base units (6 decimals). See Network and addresses.

Your sign-in is Privy

“Sign in” is Privy (email or social login) provisioning and recovering your smart account. Gated API routes take the Privy access token as Authorization: Bearer <privy-token>. Monvera never asks for or shows a private key. See Authentication.

Vera signs the risk assessment; you sign the spend

Two signatures back a plan and are never blurred. Vera signs the EIP-712 RiskInference risk assessment, which proves her agentSigner() authored that exact risk call. You separately sign the ERC-4337 user operation and token permits, which authorize the spend. Recover and check Vera’s signature on Verify Vera yourself.

Network and addressesChain values and every contract address, each Blockscout-linked.

Verify Vera yourselfRecover a plan's signer and assert it equals the live agentSigner().