Glossary

Agent An AI or trading program that plays MUSDash for a user through the Agent Gateway, with its own key and the user's rules.

Agent fee A small extra fee on every agent action, split between the Buffer and the Bank.

Agaruzo! Japanese for "it's going up!". The cheer when a position climbs to a higher floor.

Bank Juu's savers' pot. It holds BTC, borrows MUSD at Mezo, and backs the game.

Bear / Bull The two sides in MUSDash. Bull wins when BTC goes up, Bear when it goes down.

Buffer The safety jar under MUSDash. It pays bad debt and funds the weekly jackpot.

Climb Premium An extra price for a seat on floors 7 to 10, shared by those already on the floor.

Chip Anything you post as margin in MUSDash: MUSD, Y or P of a series. A Juu account plays with MUSD borrowed from its own Mezo loan.

Collapse (liquidation) When a position's value falls to 2% of its size, it is closed and what's left is shared as a penalty.

Collateral ratio Value of the collateral divided by the debt. 300% means $3 of BTC behind every $1 borrowed.

Door A way to bring something into Juu (veBTC lock, BTC, sMUSD, a Mezo loan).

Epoch A Mezo week, starting Thursday 00:00 UTC. Votes and rewards run per epoch.

Funding A small hourly fee the crowded side pays the quiet side.

Gauge A Mezo reward pool that veBTC holders vote for. Voters share its fees and bribes.

Haircut A safety discount on a chip's value. An 80% haircut counts a chip at 80% of its value.

Jackpot The Buffer's surplus above its target, drawn each epoch among position holders by tickets.

Juu account A personal contract wallet that holds its own Mezo loan and plays with it (Door 3).

Keeper Juu's bot that runs the scheduled steps: votes, unlocks, payouts, collapses, Bank upkeep.

Kill switch Turns the Climb Premium off for good when new top-floor seats fall below half of the previous epoch.

Leverage How much bigger your bet is than your chips. 5x means 1,000 MUSD of chips bets on 5,000 MUSD of BTC.

Margin The money that backs a bet.

Loop Turns MUSDash winnings into BTC added to your series lock.

MCP Model Context Protocol, the standard way AI assistants connect to tools. Juu's MCP server lets an AI play through an agent key.

MUSD Mezo's dollar stablecoin, borrowed against BTC.

MUSDash Juu's game: ten floors of bets on BTC's price.

P (Principal) A token worth 1 BTC on its series end date.

Permanent lock A veBTC lock with no end date. It keeps full voting power until it is unlocked.

Rebase The small BTC reward Mezo adds into veBTC locks each week.

Recovery Mode A Mezo safety state when its whole system falls below 150% collateral. Collateral can't be taken out of loans while it lasts.

Redemption Mezo lets anyone swap MUSD for BTC taken from the riskiest loans first.

Session key A separate key you give an agent, limited by rules you set and cancellable any time.

Series P and Y tokens that share one end date.

sMUSD Mezo's MUSD savings token.

Splitter The Juu contract that holds BTC in veBTC and issues P and Y.

Trove A Mezo loan: BTC collateral with MUSD borrowed against it.

veBTC Mezo's locked BTC. Locked BTC can vote for gauges and earns rewards.

Y (Yield) A token that earns everything its series' BTC earns until the end date.