15. Glossary of Terms
This section defines the core terms used throughout the MetaSoilVerse Protocol whitepaper to ensure technical clarity and consistency across all stakeholders.
Asset Tokenization
The process of converting the ownership rights or usage claims of a real-world asset (e.g., solar panel, machinery, real estate unit) into a digital token , typically an NFT or SFT , on the blockchain.
Vault
A smart contract that accepts token deposits (e.g., $MSVP or stablecoins) and distributes yield generated from underlying asset activity. Vaults may be of different types:
Staking
The act of locking $MSVP tokens into the protocol to support asset verification, governance participation, or yield farming. Staked tokens may be subject to lock-in periods and may earn rewards.
Slashing
A penalty mechanism in which a portion or full amount of a staked balance is confiscated due to protocol violations , such as misreporting asset performance or failing uptime commitments.
Onboarding
The standardized process of bringing a new real-world asset onto the protocol. It includes verification steps (KYC, metadata collection, oracle attestation) and ends with token issuance.
Proof of Asset Integrity (PoAI)
A novel mechanism that combines real-world data verification with on-chain staking and slashing. Validators stake $MSVP to attest that assets meet required performance, compliance, and uptime criteria.
Semi-Fungible Tokens (SFTs)
Tokens that are partially interchangeable. Commonly used to represent divisible real-world assets such as property shares or machine time slots. Built on standards like ERC-1155.
Leasing Engine
A protocol layer that manages automated lease scheduling, usage logging, payment processing, and dispute resolution for tokenized assets.
Yield Vault APR
The Annual Percentage Rate earned by participants in a vault. It is determined by real-time asset usage, revenue generation, and liquidity supply.
DAO (Decentralized Autonomous Organization)
A community-governed structure that controls protocol upgrades, treasury allocation, and strategic direction. Decisions are made via token-weighted or quadratic voting mechanisms.
Bridging (Cross-Chain Messaging)
The process of transferring assets or messages across different blockchain networks using mechanisms like Lock+Mint, Burn+Reissue, or generalized message passing (e.g., LayerZero or Axelar).
SPV (Special Purpose Vehicle)
A legal entity used to wrap real-world assets for compliant tokenization, particularly in jurisdictions with strict asset ownership laws.
Jurisdictional Compliance Plugins
Smart contract-based modules that enforce local laws (e.g., land registration, emissions standards) by enabling/disabling features like KYC, insurance, or staking based on location.