📑Codex
A glossary of key terms, components, and systems that power the Sport Value Market (SVM) protocol.
$SPT – Sport Performance Token
ERC-20 tokens that represent the performance of real-world athletes. Each $SPT is:
Tied to a single athlete
Issued with a fixed total supply
Tradable and stakeable
Eligible for rewards based on performance
$SVM – Governance Token
The governance token of the SVM protocol. Used for voting, treasury decisions, DAO participation, and protocol ownership.
Sporties
A non-transferable point system earned through actions across the protocol: staking, trading, Free-to-Play, referrals, quests, and more. Sporties can be used to enter airdrops and unlock access to exclusive benefits.
Issuance Contract
The smart contract that issues $SPTs using a bonding curve model. It:
Sets initial pricing and supply dynamics
Allocates part of the supply to the treasury
Sends liquidity to DEX pools post-curve
Bonding Curve
A pricing mechanism where token price increases as supply is purchased. Enables fair early access and prevents massive sniping.
Token Vault
Where $SPTs are staked. Each $SPT has its own vault. Vaulted tokens earn payouts from the Rewards Pool based on athlete performance.
Scoring System
The logic that translates real-world performance into on-chain scoring for each $SPT. Scoring determines reward eligibility and is driven by data from trusted oracles.
Oracles
Services that feed off-chain athlete stats into the blockchain. SVM integrates with multiple oracle sources to avoid single points of failure.
Stats Providers
External data partners that provide verified real-life stats (goals, assists, minutes, etc.) used by the scoring system.
Rewards Pool
Smart contract responsible for distributing rewards to staked $SPTs. Each competition or league has its own reward pool, funded by trading fees, staking fees, $SPT sales, and Sporties.
Treasury
The DAO-managed treasury that receives protocol revenue. It funds operations, pays contributors, provides liquidity, and redistributes value to token holders.
DEX – Decentralized Exchange
Where $SPTs are traded once the bonding curve cap is reached. Fees generated from trades help fund rewards and treasury growth.
Free-to-Play dApp (F2P)
A no-wallet entry point to SVM where users receive 1,000 SVP (Sport Value Points) and compete on weekly leaderboards. Sporties earned here can be used to access crypto airdrops.
SVP – Sport Value Points
An internal currency used in the F2P app to simulate token trading. Not a token. Used to acquire Free $SPTs and climb leaderboards.
Ultra Fans Program
SVM’s ambassador program for contributors across content, community, and strategy. Participants earn Ultra Fan Points and exclusive airdrop access.
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