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Glossary ​

TermMeaning
LotOne deposit in one warehouse, recorded on the receipt contract as its own token, numbered #12
Warehouse receipt (WR-…)The document issued to the supplier for a lot: what, how much, what quality, where, from whom
IntakeWeighing, testing and minting a lot when a crop arrives
ConversionProcessing one lot into a product; burns the input and mints the output
YieldOutput weight over input weight in a conversion, checked against a registered range
ProvenanceThe chain from a product back through its inputs to the farm
ReleaseGoods leaving a warehouse: requested (tokens locked), then confirmed (tokens burned) or cancelled
AvailableWhat is in the warehouse less what pending releases claim; what may still be sold
Consignment (CSG-…)Goods announced as on their way to a warehouse
Gate pass (GP-…)A code sent to the driver, confirmed at the gate on arrival
Trip (TRP-…)A vehicle carrying a lot to another warehouse or an order to a buyer
ClearanceThe papers and physical check for a trip at a border post
Border championThe exchange's contact at a border post
Early payout (PO-…)Part of a receipt's value paid to the farmer now, less a fee; the balance follows
Advance (ADV-…)Money given for a trip on the road: fuel, tolls, spares
Escrow (ESC-…)A buyer's money held against an order, receipt or consignment until a condition is met
Holder of recordThe exchange holds every receipt token on chain, and records who owns what
RailA way money moves: Stellar, Celo, M-Pesa, Airtel, card, virtual card
Transfer (TRF-…)One movement of money on a rail, in or out
Minor unitsAmounts as whole cents: 154500_00 is 154,500.00
MemoThe text on a Stellar payment that says what it pays: the invoice or escrow id
TrustlineA Stellar account's permission to hold a coin such as USDC
STK pushThe M-Pesa or Airtel prompt on a payer's phone asking for their PIN
B2CA payment from a business to a phone: payouts, freight, advances
FloatThe KES balance at Mamlaka that driver cards are issued and loaded from
KYCIdentity checks on a driver before a card is issued
eTIMSKenya Revenue Authority's electronic tax invoice system
USDC / USDTDollar stablecoins: one coin is worth one US dollar

AgriTrade Exchange