> For the complete documentation index, see [llms.txt](https://nexon-3.gitbook.io/nexon-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://nexon-3.gitbook.io/nexon-docs/appendix/glossary.md).

# Glossary

Bilingual glossary for NEXON's narrative, current mechanism, long-term products and disclosure boundaries.

## Architecture and units

| Term                      | 中文            | Definition                                                                                                      |
| ------------------------- | ------------- | --------------------------------------------------------------------------------------------------------------- |
| USDT                      | U             | The unit of account                                                                                             |
| NEX exchange / spot layer | NEX 交易所 / 现货层 | XO trades freely; EXON spot (sell only) and the daily release display; excludes the staking reward model        |
| Staking Platform          | 质押与奖励层        | XO staking, settlement every 12 hours, term bonuses, referral rewards, leadership bonuses and reward withdrawal |
| Epoch                     | 结算周期          | The 12-hour reward and release interval, twice a day at 08:00 and 20:00 Beijing time                            |
| Fuel wallet               | 燃料钱包          | Where the EXON bought with 28% of every deposit at 1 USDT each goes; burn only, no transfer, no trading         |
| Listing                   | 上线            | EXON opening on NEX spot at 1.0 USDT, the start of the day-one release                                          |

## Assets and roles

| Term                    | 中文        | Definition                                                                                                                    |
| ----------------------- | --------- | ----------------------------------------------------------------------------------------------------------------------------- |
| NEXON                   | 新一代价值连接网络 | NEX (Nexus) + ON; the ecosystem connecting capital, digital finance and real consumption                                      |
| Value Anchor            | 价值锚       | XO's narrative role: staking, participation, governance and long-term value                                                   |
| Circulation Engine      | 流通引擎      | EXON's narrative role: connecting the exchange, payment, exchange, fees and consumption                                       |
| Staking Principal Token | 质押本金代币    | XO's current mechanical role: the principal earns on it, all three reward streams are paid in it, and it trades freely on NEX |
| Core Value Token        | 核心价值代币    | EXON's current mechanical role: private sale as the only route, sell only, bought into the fuel wallet, burned on withdrawal  |

## Economic mechanism

| Term                        | 中文      | Definition                                                                                       |
| --------------------------- | ------- | ------------------------------------------------------------------------------------------------ |
| Deposit split               | 入金拆分    | 28% of a deposit buys EXON into the fuel wallet; the rest is swapped into XO and staked          |
| Per-settlement yield        | 单次产出    | 0.3% – 1.0% every 12 hours; 1,000 USDT staked earns 6 – 20 USDT a day                            |
| Term bonus                  | 期限加成    | base / +10% / +20% / +30% / +50% for 30 / 90 / 180 / 360 / 540 days, set by term alone           |
| Exit window                 | 退出窗口    | Day 31 of the 30-day term: principal plus rewards, no penalty; missed, the order renews          |
| Settlement speed            | 到账方式    | The three withdrawal lanes: immediate with a 30% burn, 30-day with 20%, 60-day with 10%          |
| Private sale                | 私募      | The only route to EXON: 0.1 USDT, three tiers of 1,000 / 5,000 / 10,000 USDT, 11,500 allocations |
| Subscription-to-stake ratio | 认购与质押配置 | 3:1 during the private sale (stake rounded down to the integer), 1:1 after listing               |
| Linear release              | 线性释放    | Daily release over 1,095 days and 2,190 payouts from listing day                                 |
| Referral rewards            | 推广奖励    | Up to 20 generations, 76% in total, on each downline's daily static output, paid in XO           |
| Differential Matching Bonus | 等级极差    | How leadership bonuses V1 – V12 are paid: your rate minus your downline's rate                   |
| Burn                        | 永久销毁    | EXON permanently burned from the fuel wallet when rewards are withdrawn                          |

## The control path

| Term         | 中文   | Definition                                                                                         |
| ------------ | ---- | -------------------------------------------------------------------------------------------------- |
| Intent       | 意图   | A structured user goal, its constraints and approval mode; not a transaction, not an authorisation |
| Route        | 路径   | A versioned sequence of eligible legs with cost, executor, permissions and failure behaviour       |
| Policy Check | 策略校验 | A deterministic decision on account, jurisdiction, balance, limits and product rules               |
| Receipt      | 凭证   | Evidence of what was approved, executed, settled and fulfilled                                     |

## Products

| Term                     | 中文          | Definition                                                                                                          |
| ------------------------ | ----------- | ------------------------------------------------------------------------------------------------------------------- |
| AI-Native PayFi          | AI 原生 PayFi | The live Value Router; EXON is its circulation and settlement token; AI is not a yield engine                       |
| Wallet                   | 钱包          | The financial home for state, permissions, the staking entry and eligible third-party experiences (in development)  |
| Prediction market        | 预测市场        | A third-party entry point governed by its own custody, settlement and jurisdiction rules                            |
| Marketplace              | 商城          | The real-consumption surface for travel, hotels, goods and services, executed under supplier terms (in development) |
| Stablecoin Card          | 稳定币卡 / U 卡  | An everyday acceptance product that requires a licensed issuer / operator (Roadmap)                                 |
| Decentralized Social App | 去中心化社交 App  | The discovery and community surface; social context never authorises financial execution (in development)           |
| Open                     | 待定          | An implementation field awaiting the project's written decision                                                     |

## Usage discipline

"Per-settlement yield," "term bonus," "ROI" and "subscription recovered" describe **mechanism parameters or arithmetic**. "Value Anchor" describes an ecosystem role. "Circulation Engine" describes the direction in which EXON connects to the five entry points one by one.

When a narrative term and a mechanism term appear together, **say both layers**. Recommended form:

> XO is the Value Anchor and, today, the Staking Principal Token: settled every 12 hours, with all three reward streams paid in XO.
>
> EXON is the Circulation Engine and, today, the Core Value Token: the private sale is its only route, it is sell-only, and it burns on withdrawal.

*Previous:* [*Roadmap*](/nexon-docs/part-vi-assurance/09-roadmap.md) *· Next:* [*Legal Disclaimer*](/nexon-docs/appendix/legal-disclaimer.md)


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