Glossary

Additionality Energy

The principle that an impact claim must represent a benefit that would not have occurred without the activity being assessed.

AML (Anti-Money Laundering) Finance

Rules and procedures intended to prevent illegally obtained funds from being presented as legitimate funds.

Asset-Backed Token Blockchain

A digital token whose terms provide specified rights or claims relating to an asset. SDA Token is not an asset-backed token.

Audit Trail Blockchain

A chronological record of transactions or changes that supports traceability and accountability.

Blockchain Blockchain

A distributed ledger in which participants maintain and validate a shared sequence of records using a defined protocol.

Burn (Token Burning) Blockchain

The permanent removal of tokens from circulation, usually by sending them to an unusable address or invoking a program function. Not a current SDA Token feature. Any future implementation is subject to the applicable regulatory framework.

Capacity Factor Energy

The ratio of actual energy production over a period to the energy that would have been produced at continuous maximum output during that period.

Carbon Credits Energy

Tradable units that represent a quantified greenhouse-gas emission reduction or removal under a defined crediting programme; one unit commonly represents one metric tonne of carbon-dioxide equivalent.

Consensus Mechanism Blockchain

The method by which a distributed network agrees on the validity and ordering of transactions. Solana combines Proof of History with Proof of Stake.

Custody Finance

The safekeeping and administration of assets. For blockchain assets, custody concerns control of the private keys that can authorise transactions.

DAO (Decentralized Autonomous Organization) Governance

An organisation whose rules and decision processes are implemented partly through smart contracts and participant voting.

DeFi (Decentralized Finance) Blockchain

Financial services implemented through blockchain protocols rather than solely through traditional intermediaries. SDA Token has no DeFi integration.

Distribution (Dividend) Finance

A dividend is a payment made by an entity to eligible holders under the rights attached to a share or other instrument. It is not a current SDA Token feature. Any future implementation is subject to the applicable regulatory framework.

Equity Conversion Finance

A contractual process through which one instrument may be exchanged for equity shares under specified terms. Not a current SDA Token feature. Any future implementation is subject to the applicable regulatory framework.

ESG (Environmental, Social, Governance) Finance

A framework for considering environmental, social and governance factors when evaluating an organisation or activity.

Fractional Ownership Finance

An arrangement in which multiple parties each hold a defined portion of ownership rights in an asset.

Gas Fees Blockchain

Fees charged for processing transactions or executing programs on a blockchain network.

Governance Token Governance

A token whose defined utility includes participation in specified governance decisions. Not a current SDA Token feature. Any future implementation is subject to the applicable regulatory framework.

Grid Parity Energy

The point at which electricity from one source can be supplied at a cost comparable to or lower than grid electricity under the chosen cost assumptions.

Hardware Wallet Blockchain

A physical device designed to keep private keys isolated while authorizing blockchain transactions.

Infrastructure Token Blockchain

A general term for a token whose stated rights or utility relate to infrastructure. The legal and technical characteristics depend on the instrument's terms.

KYC (Know Your Customer) Finance

Procedures used to identify and verify customers and assess relevant compliance risks.

LCOE (Levelized Cost of Energy) Energy

The discounted lifetime cost of building and operating an energy asset divided by its discounted lifetime energy output, expressed as cost per unit of energy.

Liquidity Finance

The degree to which an asset can be transferred in an active market without substantial delay or disruption.

Lock-up Period Finance

A period during which specified tokens or other instruments cannot be transferred under their applicable terms.

MiCA (Markets in Crypto-Assets) Finance

The European Union framework established by Regulation (EU) 2023/1114 for crypto-assets and related activities. SDA Token is a Title II crypto-asset other than an asset-referenced token or e-money token, and is supervised under MiCA as a utility token.

Mint Blockchain

Minting is the act of creating new token units. A Solana mint account is an account owned by a token program that defines a token's supply and configuration. Minting new SDA units is impossible because its mint authority is revoked; its freeze authority is also revoked.

MPC (Multi-Party Computation) Blockchain

A cryptographic method that allows parties to jointly compute a function while keeping specified inputs private.

PPA (Power Purchase Agreement) Energy

A contract under which an electricity producer and an offtaker agree terms for electricity delivery over a defined period.

Private Key Blockchain

Secret cryptographic material used to authorise actions for a blockchain account. A private key must not be disclosed.

Quadratic Voting Governance

A voting method in which the cost of acquiring additional votes increases quadratically, intended to express preference intensity while limiting concentrated influence. Not a current SDA Token feature. Any future implementation is subject to the applicable regulatory framework.

REC (Renewable Energy Certificate) Energy

A certificate representing specified environmental attributes of a defined quantity of renewable electricity, subject to the rules of the applicable certificate system.

RWA (Real World Assets) Blockchain

A broad industry term for physical or conventional financial assets represented or referenced through blockchain records.

Security Token Blockchain

A digital token that represents rights in a financial instrument governed by applicable securities law. This is a generic industry term and not the classification of SDA Token, which is a MiCA Title II utility token other than an asset-referenced token or e-money token.

Smart Contract Blockchain

Code deployed on a blockchain that executes defined operations when called with valid inputs.

Solana Blockchain

A blockchain network designed for high-throughput transaction processing. SDA Token is issued on Solana mainnet.

SPL Token Blockchain

A token represented and managed by one of Solana's SPL token programs. SDA Token uses the specific SPL Token-2022 program.

SPV (Special Purpose Vehicle) Finance

A legal entity formed for a limited purpose, often to hold specified assets or isolate defined obligations.

Staking Blockchain

Committing tokens under a proof-of-stake protocol to support network validation, or locking tokens under another protocol's defined rules. Not a current SDA Token feature. Any future implementation is subject to the applicable regulatory framework.

Tokenization Blockchain

The process of representing specified rights, records or utility through a digital token on a blockchain.

Tokenomics Blockchain

The rules and design choices governing a token's supply, allocation and utility.

Transfer Hook Blockchain

A Token-2022 extension that invokes designated program logic during a token transfer. Whether a mint uses this extension must be verified from its on-chain configuration.

Validator Blockchain

A network participant that verifies transactions and contributes to consensus according to the network protocol.

Vesting Finance

A schedule or condition under which an allocation becomes available over time.

Wallet Blockchain

Software or hardware that manages private keys and constructs or authorises blockchain transactions.

White Paper Blockchain

A document describing a project's technology, economics, risks and intended operation. The current SDA Token white paper is available from the issuer's official documentation page.

Yield Finance

A generic measure of income produced by an asset over a period, usually expressed relative to a reference amount. SDA Token does not provide yield.