# Glossary

* **Accrual rate** - The rate (linear, non-compounding) at which *shares* in Ideas and Solutions grow each *cycle.* This is set by the Updraft *contract owners.*
* **Address** - A string of hexadecimal characters prepended with `0x` that uniquely identifies a person or team and their *wallet*.
* **Airdrop** - To distribute funds to previous supporters of an Idea while forgoing any future 🎁 *funder rewards*. Airdrops don't create *positions*.
* **Anti-spam fee** - A fee set by the *contract owners* to discourage spam*.* Anti-spam fees go to the 🚰 *faucet.* Anti-spam fees come in two forms:
  * fixed fee - the fee paid when editing a profile or drafting or editing a Solution. Also used to set a minimum for other anti-spam fees; if the percentage fee is lower than the fixed fee, the fixed fee will be used instead.
  * percentage fee - a percentage fee paid when creating or supporting an Idea.
* **Campaign** - Committed funds plus a set of tags that identify a concerted effort to fund Ideas and Solutions fitting a certain theme or topic.
* **Committed funds** - funds that a *campaign* has set aside to fund related Ideas or Solutions.
* **Contract owners** - set the following for Updraft.
  * *Accrual Rate*
  * *Cycle* length
  * *Fee token* address (UPD)
  * *Anti-spam fee*
    * fixed (min fee)
    * percentage
  * UPD *faucet* address
* **Contribution** - Tokens used to support an Idea or fund a Solution. Making a contribution creates a *position.*
* **Cycle** - A period of time during which all supporters or contributors get the same rate of 🎁 *funder rewards* proportional to the size of their *contribution*. The default cycle length is 12 hours.
* **Draft** - Create a Solution.
* **Drafter** - The creator of a Solution.
* 🚰 **Faucet** - A pool of UPD tokens used to help people get started using Updraft.
* **Fee token** - The token that is used to support Ideas and pay *anti-spam fees* and *funder rewards*. This is UPD.
* 🎁 **Funder reward** - A percentage of each *contribution* that goes to past contributors*.* The 🎁 funder reward is an opportunity for supporters and funders to earn money. The default 🎁 funder reward is 10% for Ideas. It may be set to any % (including 0) for Solutions.
* **Idea** - An idea to change your community, your project or the world.
* 🔥 **Interest** - How much support an Idea has over time. More concretely, it's the sum of the *shares* of all the *positions* in an Idea.
* **Position** - A person's *contribution* to an Idea or Solution. Can be withdrawn (in the case of Ideas), or refunded (in the case of a failed Solution). 🎁 *Funder rewards* and 💎 *stakes* can be collected in some cases. A position's *shares* (earning potential) grows linearly each *cycle*.
* **Shares** - A position's potential to earn 🎁 *funder rewards* and 💎 *stakes.* It's the original contribution times the number of *cycles* that have passed*.*
* **Solution** - A concrete plan to implement an *Idea*.
* 💎 **Stake** - UPD set aside by a Solution drafter to be divided among funders if the Solution fails to reach its funding goal by its deadline. 💎 Stake from a failed goal is divided proportionally among funders according to their *shares* in the Solution.
* **Support** - A *contribution* to an Idea.
* 🍬 **Sweetness** - The product of a Solution's 💎 s*take* and its 🎁 f*under reward.* Used to order Solutions*.*
* **Tags** - Words or phrases used to categorize Ideas. *Campaigns* use combinations of tags to help people find related Ideas and Solutions.
* **Wallet** - Holds funds related to an *address* and allows a person or team to take actions on Updraft*.*