Glossary
Key terms and concepts used throughout the Chisino documentation.
Chisino's ERC-20 staking token. 10,000,000 fixed supply. Earned through participation in Games and Scratch. Staked in one of two pools for fee distributions or rebate boosts. $HOUSE may have no monetary value.
House capital only: usdm.balanceOf(protocol) − totalProtocolBalances. Player deposits are liabilities and excluded. Grows via the 8% retained bucket.
Protocol advantage after rebates and staking boost. Varies by tier. Reaches 0% at Whale tier with maximum boost over time at expected values.
A 7-day cycle during which game activity is tracked. At the end of each epoch, gross revenue is computed, revenue buckets are filled, rebates become claimable, and staker distributions are made. Epochs start and end automatically.
Receives 50% of TCV yield share. Distributes 70% to pUSD wallet holders, 30% to HOUSE stakers.
Total amount played by a participant (or the protocol as a whole) during a given period. Used to determine rebate tiers and solvency caps.
Chisino's prize-linked savings engine. Users deposit stablecoins, the protocol generates yield, and yield funds prizes. Entry value is designed to be recoverable over time, subject to yield availability. The scratch card is the first surface, but Klarhaus is product-agnostic. Separate product from the games.
ERC-721 minted per play. Represents a $1.50 TCV deposit. Accrues yield toward 3.00 pUSD recovery target. Recovery depends on yield rates and is not guaranteed. Transferable and tradeable.
Maximum possible payout of a play minus the amount. Represents protocol risk on an open position. Limits enforced per-play, per-player, and globally against house capital.
Holds pUSD for instant scratch card payouts. Funded by $1.25 per play plus proportional yield share.
100% − return rate. The protocol's structural advantage per game. Roulette: 2.70%, Wheel: 3.00%, Slots: 4.00%.
Chisino's internal currency. ERC-20 receipt token backed 1:1 by USDM. Used for all gameplay, rewards, and fee distributions. Redeemable for USDM at any time.
A portion of a player's actual losses returned at the end of each epoch. Size depends on tier (volume share) and staking boost. Funded from the users pool (75% of gross revenue). Rebate amounts depend on epoch revenue and are not guaranteed.
Fair distribution mechanism for yield and fees across all participants regardless of entry time.
A multiplier on a player's base rebate, earned by staking HOUSE in the Games pool. Maximum 1.5×. Frozen at epoch start.
Holds $1.50 deposit from each play. Deploys to yield strategies. 50% of yield → ticket restoration, 50% → fee pool.
NFT value growing from 1.50 to 3.00 pUSD through yield. When mature, burn NFT and receive 3 pUSD. Recovery timelines depend on yield rates and market conditions.
A player's rebate level, determined by their share of total protocol volume over a rolling 21-day window (3 epochs). Five tiers: Casual (< 1%), Regular (≥ 1%), High Roller (≥ 2%), VIP (≥ 5%), Whale (≥ 10%).
7% of gross revenue. Distributed to Games stakers as pUSD proportional to their epoch-start stake.
MegaETH's native stablecoin. Deposited into Chisino and represented as pUSD within the protocol.
Cryptographically secure on-chain randomness for all outcomes.