The Opening Price is the price we sell TEC tokens after the Commons Upgrade is complete.

Token Freeze is the duration from the initialization of the Commons which tokens remain fully locked.

Token Thaw is the duration after the Token Freeze where TEC tokens gradually thaw, allowing them to become tradeable.

This is a percentage of the total funds raised from the Hatch, and is sent to the Common Pool to kick-start the Commons project. The remaining percentage determines the Reserve Balance.

The percentage taken off BUY order and sent to the Common Pool.

The percentage taken off SELL orders and sent to the Common Pool.

The percent of votes that must be in favour of this proposal.

The percent of all tokens that must vote on a proposal in order for it to be valid.

The amount of time a proposal is eligible to be voted on.

The amount of time delegates are permitted to vote on a proposal.

If the voting outcome changes during this time the Quiet Ending Extension will trigger, extending the Vote Duration.

The amount of time added to the Vote Duration resulting from the vote outcome changing during the Quiet Ending.

The amount of time after a vote passes before the proposed action is executed.

The total amount of funds in the Common Pool that can be requested by a single proposal.

The minimum amount of tokens needed to pass a request for an infinitely small amount of funds, relative to the Effective Supply.

The amount of time it takes to increase Conviction by 50%.