Sol Invictus (IN) is the decentralized reserve currency of Solana backed by various treasury assets.
Annual Percentage Rate, is the annualized interest rate without taking the effect of compounding into consideration.
Annual Percentage Yield, is the normalized representation of an interest rate, based on a compounding period over one year. Note that APYs provided are rather ballpark level indicators and not so much precise future results.
Bond Control Variable, is the scaling factor at which bond prices change. A higher BCV means a lower discount for minters and higher inflation by the protocol. A lower BCV means a higher discount for minters and lower inflation by the protocol.
LP Bonds, is a type of bond that allows users to exchange IN-USDC LP tokens in return for IN tokens at a premium, vested for 5 days.
Protocol Controlled Value, is the amount of funds the treasury owns and controls. The more PCV, the better for the protocol and its users.
Protocol Owned Liquidity, is the amount of LP the treasury owns and controls. The more POL, the better for the protocol and its users.