Skip to main content

Glossary

A comprehensive guide to terms used in Ethereal Offering and the broader Web3/blockchain space.

🔤 A​

Aleo​

A Layer 1 blockchain focused on zero-knowledge cryptography and privacy. Ethereal Offering will use Aleo for anonymous governance and private voting.

AMM (Automated Market Maker)​

A decentralized exchange protocol that uses liquidity pools instead of order books. Users can swap tokens directly from pools, and liquidity providers earn fees.

Example: Swap ETHO for PSD on our AMM.

Aura​

One of the 6 genetic traits in Mushroom NFTs, representing spiritual energy. Ranges from Calm to Transcendent.

🔤 B​

Blockchain​

A distributed ledger that records transactions across many computers. Immutable, transparent, and decentralized.

Breeding​

The process of combining two Mushroom NFTs to create offspring with inherited genetic traits. Requires DM payment and has cooldown periods.

Burn / Burning​

Permanently destroying tokens by sending them to an unrecoverable address. In Ethereal Offering, burning ETHO at the Sacred Altar is a spiritual practice.

🔤 C​

Ceremonial Offering​

The act of burning ETHO tokens at the Sacred Altar as a spiritual practice, inspired by ancient burnt offering traditions.

Collateralization​

Depositing assets as security to mint stablecoins. PSD requires 150% collateralization (deposit $150 to mint $100 PSD).

Cooldown​

A waiting period before an action can be repeated. Mushroom NFTs have breeding cooldowns (1-30 days depending on rarity).

Crowdsale​

A fundraising mechanism where tokens are sold to early supporters. PSILO crowdsale has three phases: Private, Presale, and Public.

🔤 D​

DAO (Decentralized Autonomous Organization)​

An organization governed by smart contracts and token holders rather than traditional management. Ethereal Offering is governed by MDAO holders.

Deflationary​

A token with decreasing supply over time. ETHO is deflationary because tokens are burned at the Sacred Altar.

Delegation​

Assigning our voting power to another address. You keep our MDAO tokens but allow someone else to vote with them.

DM (Daily Mushroom)​

The daily rewards token earned through check-ins, ceremonies, and participation. Used for gas fees, breeding, and unlocking features.

🔤 E​

ERC-20​

The standard for fungible tokens on Ethereum. PSILO, MDAO, ETHO, PSD, and DM are all ERC-20 tokens.

ERC-721​

The standard for non-fungible tokens (NFTs) on Ethereum. POB and SHROOM are ERC-721 tokens.

ETHO (Ethereal Offering Token)​

The ceremonial burn token used at the Sacred Altar. Deflationary supply, earned through participation.

Ethereum​

A Layer 1 blockchain with smart contract functionality. Primary blockchain for Ethereal Offering's token ecosystem.

🔤 F​

Fiat​

Traditional government-issued currency like USD, EUR, etc. Opposite of cryptocurrency.

Fungible​

Interchangeable and identical. One PSILO token is exactly the same as any other PSILO token.

🔤 G​

Gas Fee​

The transaction fee paid to blockchain validators. On Ethereum, gas fees vary based on network congestion ($1-$100).

Genetics​

The trait system in Mushroom NFTs. Each mushroom has 6 genetic traits: Potency, Color, Size, Pattern, Glow, and Aura.

Glow​

One of the 6 genetic traits in Mushroom NFTs, representing bioluminescence. Ranges from None to Radiant.

Governance​

The process of making decisions about the protocol. MDAO holders vote on proposals to guide the project.

🔤 H​

Harvest​

Burning a Mushroom NFT to receive DM rewards. Mature mushrooms can be harvested for 50-10,000 DM depending on rarity.

Holacracy​

A decentralized governance structure with autonomous circles. Ethereal Offering DAO has 4 circles: Core, Development, Community, and Spiritual.

🔤 I​

Impermanent Loss​

The temporary loss experienced by liquidity providers when token prices diverge. Risk of providing liquidity to AMM pools.

Inflationary​

A token with increasing supply over time. DM is inflationary with daily emissions (decreasing 10% per year).

Intention​

A prayer or reflection recorded when making an offering at the Sacred Altar. Encrypted on-chain for privacy.

🔤 L​

Layer 1 (L1)​

A base blockchain like Ethereum, TON, or Aleo. Processes transactions and maintains consensus.

Layer 2 (L2)​

A scaling solution built on top of Layer 1. Processes transactions faster and cheaper, then settles to L1.

Legendary​

The rarest tier of Mushroom NFTs (1% probability). All 6 genetic traits are maxed out.

Liquidity Pool​

A smart contract holding two tokens that users can trade against. Liquidity providers deposit tokens and earn fees.

Liquidity Provider (LP)​

Someone who deposits tokens into a liquidity pool to enable trading. Earns a share of swap fees.

🔤 M​

MDAO (Mushroom DAO Token)​

The governance token that grants voting rights in the DAO. Earned by staking PSILO or making offerings.

MetaMask​

A popular browser wallet for Ethereum. Recommended wallet for Ethereal Offering.

Mint / Minting​

Creating new tokens or NFTs. POB NFTs are minted when you make offerings. Mushroom NFTs are minted through breeding.

Multi-sig​

A wallet requiring multiple signatures to execute transactions. Ethereal Offering treasury uses 5-of-9 multi-sig for security.

Mutation​

A random change in genetic traits during breeding. 10% chance per trait, can be positive or negative.

Mycelium Intelligence​

An AI oracle that analyzes community sentiment and generates insights. Inspired by the mycelial network of fungi.

🔤 N​

NFT (Non-Fungible Token)​

A unique digital asset on the blockchain. Each NFT is distinct and not interchangeable. POB and SHROOM are NFTs.

Non-Custodial​

You control our own keys. Ethereal Offering is non-custodial—we never hold our funds.

🔤 O​

Oracle​

A service that provides external data to smart contracts. Chainlink oracles provide price feeds for PSD collateral.

🔤 P​

Pattern​

One of the 6 genetic traits in Mushroom NFTs, representing cap design. Options include Solid, Spotted, Striped, Fractal, etc.

Peg​

Maintaining a stable price relative to another asset. PSD is pegged to $1 USD.

POB (Proof of Burn)​

A soulbound NFT minted when you make an offering at the Sacred Altar. Permanent receipt of our burn.

Potency​

One of the 6 genetic traits in Mushroom NFTs, representing strength (1-100). Higher potency = rarer.

Proposal​

A governance suggestion submitted to the DAO for voting. Can be Standard, Major, or Critical based on impact.

PSD (Psanctuary Dollar)​

The stablecoin of the ecosystem, pegged to $1 USD. Used for stable trading pairs and treasury reserves.

PSILO (Psilocybin Token)​

The crowdsale fundraising token. Fixed supply of 10M. Stake to earn MDAO.

Psanctuary​

The spiritual community behind Ethereal Offering. Focused on psychedelics in recovery and sacred technology.

🔤 Q​

Quorum​

The minimum participation required for a vote to be valid. Standard proposals need 10% quorum, Critical need 40%.

🔤 R​

Rarity​

The scarcity tier of a Mushroom NFT: Common (50%), Uncommon (30%), Rare (15%), Epic (4%), Legendary (1%).

Recovery​

The process of healing from addiction or trauma. Ethereal Offering integrates 12-step principles and recovery support.

🔤 S​

Sacred Altar​

The smart contract where ETHO tokens are burned ceremonially. Mints POB NFTs and distributes MDAO rewards.

Seed Phrase​

A 12-24 word backup of our wallet. NEVER share this with anyone. Whoever has it controls our funds.

SHROOM (Mushroom NFT)​

The breedable NFT with genetic traits. Can be bred, traded, or harvested.

Size​

One of the 6 genetic traits in Mushroom NFTs, representing physical dimensions. Ranges from Tiny to Massive.

Smart Contract​

Self-executing code on the blockchain. Automatically enforces rules without intermediaries.

Soulbound​

An NFT that cannot be transferred or sold. POB NFTs are soulbound—permanent proof of our offerings.

Stablecoin​

A cryptocurrency pegged to a stable asset like USD. PSD is our stablecoin.

Staking​

Locking tokens in a smart contract to earn rewards. Stake PSILO to earn MDAO.

Streak​

Consecutive days of participation. Daily check-ins and offerings build streaks for bonus rewards.

🔤 T​

TON (The Open Network)​

A Layer 1 blockchain integrated with Telegram. Ethereal Offering uses TON for the Telegram mini-app and daily mining.

Treasury​

The DAO's funds held in a multi-sig wallet. Used for development, security, grants, and operations.

12-Step​

A recovery program based on spiritual principles. Ethereal Offering integrates 12-step concepts into blockchain mechanics.

🔤 V​

Vesting​

A gradual release of tokens over time. Private sale PSILO has 6-month cliff + 12-month vesting.

Voting Power​

Our influence in governance, calculated as: MDAO balance × time multiplier (0.5x to 5x based on hold time).

🔤 W​

Wallet​

Software that stores our private keys and allows you to interact with blockchains. Examples: MetaMask, Rainbow, Tonkeeper.

Web3​

The decentralized internet built on blockchain. Emphasizes user ownership and control.

🔤 Z​

Zero-Knowledge Proof​

A cryptographic method to prove something without revealing details. Aleo uses ZK proofs for private voting.

🍄 Ethereal Offering Specific Terms​

Eternal Flame​

A 365+ day streak of daily offerings or check-ins. Earns 2x-3x rewards.

Mycelial Network​

The interconnected community of Ethereal Offering participants. Inspired by fungal networks.

Proof of You​

The concept that our participation is proof of our existence and value. Not proof of work or stake, but proof of presence.

Spiritual Hashrate​

A formula representing spiritual effort: (Presence + Service + Recovery²) / Ego

TranscendentVioletVoyager​

The founder's spiritual name. Also known as Christopher.

📚 Additional Resources​

"Language shapes reality. Understanding these terms empowers you to participate fully in the ecosystem." 🍄✨