A reference of key terms used throughout the print.world platform and documentation.
| Term | Definition |
|---|
| SPL-722 | Solana’s hybrid token standard that merges fungible tokens and NFTs into a single asset. Each NFT holds locked fungible tokens inside it. |
| Bonding Curve | A mathematical formula that determines token pricing based on supply. Used for fair token distribution during launches. |
| DEX | Decentralized Exchange — a platform for trading tokens directly on the blockchain without intermediaries. |
| Pool | A liquidity pool on a DEX where tokens can be traded. Contains paired assets (e.g., SOL and a token). |
| Term | Definition |
|---|
| Binder Protocol | The NFT launchpad protocol inside print.world, built on SPL-722. Used to launch token + NFT collections. |
| $BINDER | The native utility token of the Binder Protocol. Creators must hold $100+ worth to launch collections. |
| Bind / Binding | The process of minting an NFT that locks fungible tokens inside it via SPL-722. |
| Bind Amount | The percentage of tokens immediately available when an NFT is distributed (before vesting). |
| Collection | A set of NFTs launched together through the Binder Protocol, tied to a specific token. |
| Term | Definition |
|---|
| Vesting | A token unlock schedule where tokens are released gradually over time rather than all at once. |
| Cliff | A waiting period before the first batch of vesting tokens unlocks. |
| Vesting Events | The periodic unlock points where a portion of tokens becomes available. |
| Diamond Hands | A bonus reward for holders who keep their NFTs until vesting is 100% complete without claiming early. |
| Penalty Pool | Tokens forfeited by early claimers, redistributed as Diamond Hands rewards to patient holders. |
| Term | Definition |
|---|
| Pre-Order | A reservation system where users buy passes before a token launch. Passes convert to NFTs + tokens when the pre-order completes. |
| Pass | A pre-order receipt that entitles the holder to receive an NFT and tokens after launch. |
| Token Launch | Creating a brand new token alongside an NFT collection through the pre-order system. |
| Term | Definition |
|---|
| Reveal | The moment when an NFT’s actual artwork becomes visible (may be instant or manual). |
| Floor Price | The lowest listed price for any NFT in a collection on the marketplace. |
| Royalty | A percentage of each secondary sale paid to the collection creator. |
| PFP | Profile picture — using an NFT as your avatar across the platform. |
