Dictionary: Key Terms

This dictionary provides brief explanations of important terms related to the Panther project, its technology, and its ecosystem.

Airdrop: A method of distributing tokens for free to specific wallet addresses, often used for marketing, rewarding early adopters, or bootstrapping a community. Panther plans significant airdrops of $PANTHER to Hyperliquid users and other EVM communities.
AI Agents: Software programs designed to perceive their environment, reason, make decisions, and take actions autonomously. In Panther, AI agents analyze Hyperliquid market data to generate trading insights and will eventually manage automated strategies.
Audit (Smart Contract): An independent review of a smart contract's code by security experts to identify vulnerabilities, bugs, and potential optimization issues before deployment. Panther is committed to auditing all core contracts.
Automated Market Maker (AMM): The underlying algorithm used by most Decentralized Exchanges (DEXs) that allows assets to be traded automatically using Liquidity Pools instead of a traditional order book. Found on Hyperliquid's EVM layer.
Buybacks (Token/NFT): The process where the protocol uses its generated revenue to buy its own tokens ($PANTHER) or NFTs from the open market. This can create demand, potentially reduce circulating supply, and the acquired assets can be burned or redistributed as rewards, benefiting holders.
Decentralized Asset Management: Managing investment portfolios and strategies using decentralized technologies (blockchain, smart contracts, potentially DAOs) rather than traditional financial intermediaries. This is Panther's long-term vision.
Decentralized Exchange (DEX): A cryptocurrency exchange that operates without a central authority, relying on smart contracts for custody and trading. Hyperliquid has both a CORE order book DEX and supports AMM-style DEXs on its EVM layer.
Digital Fund Manager: An AI agent (or swarm of agents) designed and programmed to autonomously manage investment strategies and portfolios within predefined parameters. The ultimate evolution of Panther's AI agents in Phase 3.
elizaOS: The specific framework Panther uses to build, deploy, and manage its AI agents, enabling modularity and future decentralization of the intelligence layer.
EVM (Ethereum Virtual Machine): The computation engine that executes smart contracts on Ethereum and compatible chains. Hyperliquid has an integrated EVM layer alongside its CORE exchange, allowing for familiar DeFi applications like DEXs and LPs.
Funding Rates: Periodic payments exchanged between long and short position holders on perpetual futures contracts, designed to keep the contract price close to the underlying asset's spot price. Panther analyzes these rates for insights into market bias.
Governance: The process by which decisions are made about a protocol's future development, parameters, or treasury allocation. $PANTHER token holders will eventually participate in Panther's governance.
Hypepaper / Litepaper: A concise document outlining a project's vision, goals, technology, and roadmap, intended for a general or investor audience (less technical than a full Whitepaper).
Hyperliquid: The high-performance Layer 1 blockchain Panther is built on, featuring both a central limit order book (CLOB) perpetuals exchange (CORE) and an integrated EVM layer for smart contracts.
Impermanent Loss (IL): A potential risk for Liquidity Providers (LPs) in AMMs where the value of their deposited assets diverges compared to simply holding them, due to price fluctuations. Panther's AI aims to analyze and provide insights related to IL risk.
Liquidation: When a trader's position is automatically closed by the exchange because they no longer have sufficient margin to maintain it, typically due to adverse price movements. Panther monitors liquidation events for signs of market stress or opportunity.
Liquidity (Token): The ease with which a token ($PANTHER) can be bought or sold on the market without causing significant price changes. Ensured by depositing the token and a paired asset (like USDC) into a DEX Liquidity Pool. Panther's NFT mint proceeds are dedicated to establishing this initial liquidity.
Liquidity Pool (LP): A collection of tokens locked in a smart contract on a DEX, facilitating trading between those assets via an AMM. Users who deposit tokens are called Liquidity Providers. Panther analyzes data from LPs on Hyperliquid's EVM.
NFT Pass (Panther NFT Pass): A Non-Fungible Token representing unique ownership and granting the holder specific benefits within the Panther ecosystem, such as revenue share, exclusive access, and acting as the initial fundraising mechanism.
Non-Extractive: A philosophy aiming to add value to an ecosystem and its users rather than solely extracting value for the protocol itself. Panther aims for this, especially initially, by providing free insights and redistributing revenue.
Open Interest (OI): The total number of outstanding derivative contracts (like perpetual futures) that have not been settled. Changes in OI can indicate market conviction or new capital entering/leaving. Panther analyzes OI dynamics.
Order Book: A list of buy (bid) and sell (ask) orders for a specific asset on an exchange, organized by price level. Used by Hyperliquid's CORE exchange. Panther analyzes order book depth and imbalances.
$PANTHER Token: The native utility and governance token of the Panther ecosystem, used for staking, rewards, governance, and potentially unlocking features.
Revenue Share: A mechanism where a portion of the protocol's generated revenue (e.g., from NFT royalties, future fees) is distributed directly to eligible participants (e.g., staked $PANTHER token holders and staked NFT Pass holders).
Roadmap: A plan outlining the projected stages, features, and milestones of a project's development over time.
Smart Contract: Self-executing contracts with the terms of the agreement directly written into code, running on a blockchain like Hyperliquid EVM. They automate token issuance, staking, trading, and revenue distribution for Panther.
Staking: Locking up tokens ($PANTHER) or NFTs (Panther NFT Pass) in a smart contract to earn rewards (like revenue share) and potentially participate in governance, helping to secure or support the network/protocol.
Swarm Intelligence: A concept where multiple, relatively simple AI agents collaborate to achieve complex goals or produce insights that are more sophisticated than any single agent could achieve alone. Planned for Panther's Phase 3.
TGE (Token Generation Event): The moment when a project's native token ($PANTHER) is officially created and deployed on the blockchain, often coinciding with initial distribution (like airdrops) and exchange listings.
Tokenomics: The design and economics of a cryptocurrency token, including its supply, distribution, utility, and value accrual mechanisms (like buybacks and revenue share).
Vaults (Panther Vaults): Smart contracts planned for Phase 3 where users can deposit assets to be managed by Panther's AI-driven automated trading or yield strategies.

PreviousSecurity Audits

Dictionary: Key Terms

This dictionary provides brief explanations of important terms related to the Panther project, its technology, and its ecosystem.

Airdrop: A method of distributing tokens for free to specific wallet addresses, often used for marketing, rewarding early adopters, or bootstrapping a community. Panther plans significant airdrops of $PANTHER to Hyperliquid users and other EVM communities.
AI Agents: Software programs designed to perceive their environment, reason, make decisions, and take actions autonomously. In Panther, AI agents analyze Hyperliquid market data to generate trading insights and will eventually manage automated strategies.
Audit (Smart Contract): An independent review of a smart contract's code by security experts to identify vulnerabilities, bugs, and potential optimization issues before deployment. Panther is committed to auditing all core contracts.
Automated Market Maker (AMM): The underlying algorithm used by most Decentralized Exchanges (DEXs) that allows assets to be traded automatically using Liquidity Pools instead of a traditional order book. Found on Hyperliquid's EVM layer.
Buybacks (Token/NFT): The process where the protocol uses its generated revenue to buy its own tokens ($PANTHER) or NFTs from the open market. This can create demand, potentially reduce circulating supply, and the acquired assets can be burned or redistributed as rewards, benefiting holders.
Decentralized Asset Management: Managing investment portfolios and strategies using decentralized technologies (blockchain, smart contracts, potentially DAOs) rather than traditional financial intermediaries. This is Panther's long-term vision.
Decentralized Exchange (DEX): A cryptocurrency exchange that operates without a central authority, relying on smart contracts for custody and trading. Hyperliquid has both a CORE order book DEX and supports AMM-style DEXs on its EVM layer.
Digital Fund Manager: An AI agent (or swarm of agents) designed and programmed to autonomously manage investment strategies and portfolios within predefined parameters. The ultimate evolution of Panther's AI agents in Phase 3.
elizaOS: The specific framework Panther uses to build, deploy, and manage its AI agents, enabling modularity and future decentralization of the intelligence layer.
EVM (Ethereum Virtual Machine): The computation engine that executes smart contracts on Ethereum and compatible chains. Hyperliquid has an integrated EVM layer alongside its CORE exchange, allowing for familiar DeFi applications like DEXs and LPs.
Funding Rates: Periodic payments exchanged between long and short position holders on perpetual futures contracts, designed to keep the contract price close to the underlying asset's spot price. Panther analyzes these rates for insights into market bias.
Governance: The process by which decisions are made about a protocol's future development, parameters, or treasury allocation. $PANTHER token holders will eventually participate in Panther's governance.
Hypepaper / Litepaper: A concise document outlining a project's vision, goals, technology, and roadmap, intended for a general or investor audience (less technical than a full Whitepaper).
Hyperliquid: The high-performance Layer 1 blockchain Panther is built on, featuring both a central limit order book (CLOB) perpetuals exchange (CORE) and an integrated EVM layer for smart contracts.
Impermanent Loss (IL): A potential risk for Liquidity Providers (LPs) in AMMs where the value of their deposited assets diverges compared to simply holding them, due to price fluctuations. Panther's AI aims to analyze and provide insights related to IL risk.
Liquidation: When a trader's position is automatically closed by the exchange because they no longer have sufficient margin to maintain it, typically due to adverse price movements. Panther monitors liquidation events for signs of market stress or opportunity.
Liquidity (Token): The ease with which a token ($PANTHER) can be bought or sold on the market without causing significant price changes. Ensured by depositing the token and a paired asset (like USDC) into a DEX Liquidity Pool. Panther's NFT mint proceeds are dedicated to establishing this initial liquidity.
Liquidity Pool (LP): A collection of tokens locked in a smart contract on a DEX, facilitating trading between those assets via an AMM. Users who deposit tokens are called Liquidity Providers. Panther analyzes data from LPs on Hyperliquid's EVM.
NFT Pass (Panther NFT Pass): A Non-Fungible Token representing unique ownership and granting the holder specific benefits within the Panther ecosystem, such as revenue share, exclusive access, and acting as the initial fundraising mechanism.
Non-Extractive: A philosophy aiming to add value to an ecosystem and its users rather than solely extracting value for the protocol itself. Panther aims for this, especially initially, by providing free insights and redistributing revenue.
Open Interest (OI): The total number of outstanding derivative contracts (like perpetual futures) that have not been settled. Changes in OI can indicate market conviction or new capital entering/leaving. Panther analyzes OI dynamics.
Order Book: A list of buy (bid) and sell (ask) orders for a specific asset on an exchange, organized by price level. Used by Hyperliquid's CORE exchange. Panther analyzes order book depth and imbalances.
$PANTHER Token: The native utility and governance token of the Panther ecosystem, used for staking, rewards, governance, and potentially unlocking features.
Revenue Share: A mechanism where a portion of the protocol's generated revenue (e.g., from NFT royalties, future fees) is distributed directly to eligible participants (e.g., staked $PANTHER token holders and staked NFT Pass holders).
Roadmap: A plan outlining the projected stages, features, and milestones of a project's development over time.
Smart Contract: Self-executing contracts with the terms of the agreement directly written into code, running on a blockchain like Hyperliquid EVM. They automate token issuance, staking, trading, and revenue distribution for Panther.
Staking: Locking up tokens ($PANTHER) or NFTs (Panther NFT Pass) in a smart contract to earn rewards (like revenue share) and potentially participate in governance, helping to secure or support the network/protocol.
Swarm Intelligence: A concept where multiple, relatively simple AI agents collaborate to achieve complex goals or produce insights that are more sophisticated than any single agent could achieve alone. Planned for Panther's Phase 3.
TGE (Token Generation Event): The moment when a project's native token ($PANTHER) is officially created and deployed on the blockchain, often coinciding with initial distribution (like airdrops) and exchange listings.
Tokenomics: The design and economics of a cryptocurrency token, including its supply, distribution, utility, and value accrual mechanisms (like buybacks and revenue share).
Vaults (Panther Vaults): Smart contracts planned for Phase 3 where users can deposit assets to be managed by Panther's AI-driven automated trading or yield strategies.

PreviousSecurity Audits