---
title: "Glossary"
description: "Definitions of the main terms used in Overlayer's protocol and VISION documentation: assets and yield, points and rewards, NFTs and boosts."
keywords:
  - "glossary"
  - "terminology"
  - "overlaid asset"
  - "overyield"
  - "BSP"
  - "boost"
  - "Claim Game"
  - "Entropy NFT"
canonical_url: https://docs.overlayer.fi/resources/glossary
md_url: https://docs.overlayer.fi/resources/glossary.md
last_updated: 2026-11-01T13:15:32.000Z
---

# Glossary

> Definitions of the main terms used in Overlayer's protocol and VISION documentation: assets and yield, points and rewards, NFTs and boosts.

Definitions of the main terms used in Overlayer's protocol and VISION documentation.

## Assets and yield

| Term | Meaning |
|---|---|
| **Underlying stablecoin** | The stablecoin backing an Overlaid Asset family. For example, USDC is the underlying stablecoin of C+ and sC+. |
| **Overlaid Asset** | The liquid, transferable, non-rebasing representation of a supported stablecoin position. Holding it alone does not distribute protocol staking yield. |
| **Staked Overlaid Asset** | A share-based representation used to participate in the yield allocated to an asset family's staking position. For example, sC+ is the staked representation of C+. |

The underlying stablecoin, base asset and staked representation serve distinct functions within the same asset family.

| Term | Meaning |
|---|---|
| **Backing** | The on-chain position supporting outstanding Overlaid Asset supply. |
| **Isolated backing** | Separate backing and accounting for each asset family, rather than a shared collateral pool. |
| **Non-rebasing** | Token balances do not automatically increase as the backing generates yield. |
| **Conversion ratio** | The amount of base Overlaid Assets represented by one staked token. For example, a ratio of 1.10 C+ per sC+ means that 100 sC+ represents 110 C+. |

Yield allocated to staking changes the amount represented by each share, rather than increasing the holder's number of staked tokens.

| Term | Meaning |
|---|---|
| **Staking ratio** | The proportion of an asset family's base-token supply participating in staking, measured in base-asset units. |
| **Overyield** | The concentration effect created when yield generated by a broader backing base is allocated across a smaller amount of staked capital. |
| **Performance fee** | The portion of generated yield retained before the remaining yield is allocated to stakers. It is not charged as a percentage of deposited principal. |
| **OVER** | Overlayer's governance and ecosystem coordination token. It is separate from the assets backing Overlaid Assets and does not provide an entitlement to their staking yield. |

Overyield depends on lending returns, staking participation and applicable fees.

For the mechanisms, see [Staked Overlaid Assets](https://docs.overlayer.fi/start_here/staked_overlaid_assets.md) and [Yield & Overyield](https://docs.overlayer.fi/protocol/overyield.md).

## VISION and points

| Term | Meaning |
|---|---|
| **VISION** | Overlayer's first mainnet Farming Season, through which eligible participation generates points used for OVER allocation. |
| **Farming deposit** | The additional deposit of an eligible asset into a Farming position to generate points. It is separate from minting or staking an Overlaid Asset. |
| **Base Staking Points — BSP** | Points generated by eligible Farming deposits according to deposited value, point rate and elapsed time. |
| **Boost** | A percentage increase applied to BSP production. Active boost percentages add together. |
| **Additional Points** | Points earned through mechanisms such as referrals, team leadership and selected ecosystem activities. Boosts do not apply to them. |
| **Total Score** | The combined score from staking points, including applicable boosts, and Additional Points. It is used for rankings and allocation calculations. |

Staking yield and VISION points are separate systems: participating in one does not automatically enroll a position in the other.

| Term | Meaning |
|---|---|
| **Season Average TVL** | The time-weighted average of global outstanding Overlaid Asset supply over the full season, counting each base Overlaid Asset nominally as $1. |
| **Reward Pool** | The amount of OVER allocated to VISION based on the final Season Average TVL. |
| **Final Allocation** | A participant's score-based OVER allocation plus any individual or team prizes, before Claim Game choices. |
| **Claim Game** | The post-season choice between Fast Claim and Long-Term Vesting, determining how an allocation becomes claimable, vested, burned or redistributed. |

The Reward Pool determines the amount available for the season; a participant's score and prizes determine their Final Allocation.

For calculations, see [How Points Work](https://docs.overlayer.fi/farming_season/how_points_work.md) and [Reward Pool & Season TVL](https://docs.overlayer.fi/farming_season/reward_pool_and_season_tvl.md). For release options, see [Claim Game & Vesting](https://docs.overlayer.fi/farming_season/claim_game_and_vesting.md).

## NFTs and boosts

| Term | Meaning |
|---|---|
| **OG boost** | The BSP bonus associated with eligible OG NFT ownership, recognized across supported chains for the same wallet. |
| **Utility NFT** | An NFT staked to activate a BSP boost on a specific chain. A wallet can activate one Utility NFT per chain. |
| **Origin NFT** | The base Utility NFT tier: Shrimp Origin, Dolphin Origin or Whale Origin. |
| **Entropy NFT** | The upgraded Utility NFT created through Maelstrom by combining and burning three Origin NFTs of the same type and chain. |
| **Special NFT** | An NFT providing an individually defined BSP boost through a separate slot, alongside the wallet's Utility NFT on that chain. |

NFT boosts affect point production, not the staking yield of Overlaid Assets.

For boost values, marketplace links and activation instructions, see [Boosts & NFTs](https://docs.overlayer.fi/farming_season/boosts_and_nfts.md).