# Glossary

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### A

**Asynchronous Asset:** An asset that doesn't allow immediate withdrawals, typically managed using the ERC-7540 standard in NashPoint.

**Asset Manager:** An individual or entity responsible for creating and managing a Node within the NashPoint ecosystem.

**Async Max Delta:** The maximum allowable deviation for asynchronous assets from their target ratio in a Node.

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### C

**Component:** An individual asset or investment strategy to which a Node can allocate funds.

**Centrifuge:** A decentralized asset financing protocol that NashPoint integrates with for Real World Asset (RWA) investments.

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### D

**Deposit Asset:** The primary asset used for deposits into a Node, typically a stablecoin.

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### E

**ERC-4626:** A standard for tokenized vaults in Ethereum, used by NashPoint for handling deposits and synchronous asset interactions.

**ERC-7540:** An extension of ERC-4626 that supports asynchronous (delayed) deposits and withdrawals, implemented by NashPoint for managing illiquid assets.

**Escrow:** A unique contract create for each Node that holds shares and assets during asynchronous user withdrawals.

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### M

**Max Delta:** The maximum allowable deviation for synchronous assets from their target ratio in a Node.

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### N

**Node:** The core unit of the NashPoint protocol, representing an individual investment strategy managed by an asset manager.

**NodeFactory:** A contract that allows for the permissionless creation of new Nodes.

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### O

**Operator:** An address approved by a controller (user) to execute specific actions on their behalf, particularly for asynchronous redemptions.

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### R

**Rebalancer:** An entity responsible for executing asset management functions across Nodes, including investing in assets and processing withdrawals.

**Real World Asset (RWA):** Tokenized representations of real-world assets that can be included in a Node's investment strategy.

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### S

**Synchronous Asset:** An asset that allows immediate withdrawals, typically managed using the ERC-4626 standard in NashPoint.

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### T

**Target Reserve Ratio:** The ideal percentage of a Node's total assets to be kept as liquid reserves.