
Pact vocabulary for anyone who joined recently. six words, plain english. bookmark it 🔖 native the asset itself, not an IOU for it. BTC stays BTC. LP a liquidity provider. the side of the trade that posts collateral so your swap can happen. collateral what an LP locks for your swap, about 2x its size, released once it settles. reactive contract a contract that wakes up when something happens on a chain and acts on its own. no babysitting. dust-lock UTXO a tiny Bitcoin output tied to one order. it can only be spent once, so an order can't be matched twice. @Pact_Swap Penalty Adjudication of Cross-chain Transactions. the name says what it does. that's most of the jargon. the rest is just swapping. https://t.co/4JwTYqhg4N $PACT #DeFi #CrossChain
