> For the complete documentation index, see [llms.txt](https://docs.chatastra.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.chatastra.ai/ecosystem/astrapad/introduction/glossary.md). # Glossary
The AstraPad Glossary provides clear definitions of key terms, helping both new and experienced users understand the platform, its features, and the broader blockchain ecosystem. ## Glossary Terms ### Launch Types * **Bonding Curve (Curve Launch)** – A launch method where the token price gradually increases as tokens are bought, creating fair price discovery before automatic liquidity deployment. * **Presale** – A fundraising model where tokens are sold before the public launch, usually with a hard or soft cap. * **Fair Launch** – A launch where everyone can buy at the same price with no early investor advantage, often paired with a fixed time or cap. ### Platform Mechanics * **Graduation** – The point at which a token completes its bonding curve raise and is automatically listed on Uniswap with liquidity added. * **Liquidity Pool (LP)** – A pool of tokens and paired assets (ETH, USDT, etc.) that facilitates trading on decentralized exchanges like Uniswap. * **LP Ratio** – The percentage of total tokens allocated to the liquidity pool at the time of graduation. * **No-Admin Keys** – Smart contracts deployed without owner privileges, ensuring full decentralization and security. * **Anti-Bot / Anti-Snipe Protection** – Mechanisms designed to prevent bot trading and unfair advantages during launch. ### Metrics & Analytics * **Market Cap** – The total value of a token, calculated as token price multiplied by circulating supply. * **Volume (24h)** – The total amount of trading activity within a 24-hour period. * **Holders** – The number of unique wallets holding a specific token. * **Trading Taxes** – Platform-defined transaction fees applied to buys and sells, used for revenue sharing and platform operations.