Glossary

Credit Line

USD-denominated execution limit, determined by delegated YODL and Operator reputation.

Curator Vault

Single-asset vault on Symbiotic delegating capital to Operators.

Delegator

Retail participant staking YODL to support Operator execution limits through protocol-managed collateralization.

Stability Fees

Periodic stability fee applied to delegated YODL, set by governance each epoch.

Health Factor

Collateral / Liabilities ratio governing operational continuity and liquidation.

Settlement Relayer

Off-chain component that relays operator's quotes to orderflow venues.

Operator

Institution executing approved strategies via delegated capital.

Orchestrator

Core contract validating signatures and executing fills atomically.

Position Rollover

Refinancing a temporary deficit using available credit.

Restoration Reserve

Protocol-level fund covering residual shortfalls.