VELLUM DOCUMENTATION

Glossary

A pool is a pair-specific liquidity market, a range is the active price interval, and an override is a bounded temporary fee input.

How it works

In range means the current price is between both boundaries.

The interface applies this rule consistently across market details, position management, and rewards. Market state, fee inputs, and position ranges remain separate so each layer can update without changing the underlying product model.

Keeper means offchain software that may submit a constrained, expiring signal.

The interface applies this rule consistently across market details, position management, and rewards. Market state, fee inputs, and position ranges remain separate so each layer can update without changing the underlying product model.

ERC-6909 refers to fungible ledger shares used in the product model.

The interface applies this rule consistently across market details, position management, and rewards. Market state, fee inputs, and position ranges remain separate so each layer can update without changing the underlying product model.

Important considerations

Liquidity provision involves price, range, smart-contract, issuer, keeper, and network risks. Wallet access is limited to public account discovery and balance reads. Review current market conditions and every wallet request before taking action.

SecurityThe current interface does not request token approvals, signatures, or transactions.
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