Glossary

Term	Meaning
Canton	Canton Network, the ledger Owarine runs on. A contract there is visible only to its stakeholders.
Party	An identity on Canton. The venue, the resolver and each oracle are parties; so is each seat.
Stakeholder	A party entitled to see a contract. Ordinary seat cash and positions name the seat and venue; the demo operator manages those parties' ledger access. See the trust boundary.
Seat	Your place at the venue: an ed25519 signing key in your browser (or the iPhone Keychain) that cannot leave it, and a Canton party the venue leases to you. See your seat.
Lease	The time a seat's party is yours. It renews while you use it; when it ends, the venue closes out and sweeps the party before the next visitor gets it.
Test credits	The venue's test funds for a leased DevNet seat. Funding is configured by the venue; read the confirmed balance. They have no cash value. Guest Trade paper credits are a separate browser balance.
Window	One tradeable period on one ticker: an opening print, a closing print, one cadence.
Series	A ticker + cadence pair (for example BTC-5m). Holds the oracle list, the quorum and the price policy its Windows use.
Price ladder	The prices the venue publishes for each live Window. The venue is the house; there is no order book.
Firm quote	The venue's offer from its ladder: one side of one Window at one price, held for about 20 seconds and only for your seat. Accepting it opens your position.
Position (leg)	Your side of a call. Only your seat's party and the venue can see it.
Print	A price for one boundary (open or close) of a Window, posted by an oracle party. See price sources.
Oracle party	One of three parties that post prices. For crypto, each reads one exchange (Coinbase, Kraken, Bitstamp). A Window needs a quorum of 2.
Attested print	A price an oracle party reads from a named source (RedStone, Alpaca, Jupiter Price v3, PreStocks) and posts with a hash of the raw response. The source is named on every receipt.
Resolver	The party that records the open and resolves or voids each Window from the oracle prints.
Resolution	The contract that records a Window's result, signed by the resolver and the venue. There is exactly one per Window.
Policy version	A Series' price-source rule for a date range. Appended in advance; never edited once written.
Void	A Window result with no winning side, caused by missing prints, insufficient quorum, source disagreement or an absent resolver. An ordinary call returns its stake and fee. See Halts and voids.
Update id	The ledger's id for the update a write landed in (it starts `1220…`). Receipts and proof pages name it.
Proof page	`/proof`: every settled Window with its prints, the oracle that posted each, and a re-verify that checks them against the archived responses.
Projector	The service that follows the venue's ledger updates and writes the tables the public pages read.
Daml package	A bundle of contract templates and their choices. See the Daml packages for Owarine's current packages.
24/7 lane	Windows scheduled around the clock, such as crypto, xStocks, pre-IPO names and baskets. Entry still needs the enabled lane, fresh source and current quote.
Schedule a call	A call rested at your own price on a Window before it opens; the venue fills it after the bell if its price reaches yours, or the stake comes back. See pre-open calls. A local lifecycle check was recorded on 30 September 2026; fresh hosted acceptance is separate.
Short	A reserve-backed Down position with a knock-out line and an exit when the venue offers a usable quote; see Short a fall.
Halt	A wide or issuer-level trading halt signal. Shown as "Trading halted." A merely stale price print is shown as "Signed price stale" instead — a different, more common state.