Glossary

The words used across Riprr, from DCA and stock token to keeper, slippage and max price.

Average price: What you paid per token across all orders of a plan: total spent divided by total received.
Dollar-cost averaging (DCA): Buying a fixed amount on a schedule instead of all at once. It spreads your entry price over time. It does not guarantee a profit.
ETH: The native token of Robinhood Chain. You can pay for plans with it, and you need a little for network gas when you create, edit or withdraw.
Gas: The network fee for a transaction. Gas for each order is included in the 0.30% fee and paid by the keeper. You pay gas only for your own transactions.
Holdings: The tokens your plans bought, with what your wallet holds now, the average cost and the value at today's price.
Keeper: The bot that runs due orders. The vault contract only lets it buy for a due plan, through an allowed router, with the tokens going to your wallet.
Max price: An optional ceiling on a plan. When the price is above it, that order is skipped and nothing is spent.
Minimum output: The least amount of tokens an order must deliver to your wallet. If less arrives, the whole order reverts.
Order: One scheduled purchase inside a plan.
Plan: The whole schedule: what to buy, what to pay with, the amount per order, how often and for how many orders.
Position: Everything you hold of one token through Riprr. Closing a position closes every open plan buying that token.
Revert: A transaction that fails and undoes itself. A reverted order spends nothing.
Robinhood Chain: The blockchain Riprr runs on. Your wallet must be connected to it to create and manage plans.
Route: The path a swap takes across exchanges. Each order asks for the best route for its size across the DEXs on Robinhood Chain.
Slippage: The difference between the quoted price and the price you actually get. The minimum output protects each order against too much of it.
Stock token: A token that gives economic exposure to a stock, like NVDA or SPY. It is not a share and carries no shareholder rights.
USDG: Global Dollar, a dollar stablecoin on Robinhood Chain. One of the two tokens you can pay with.
Vault: The Riprr smart contract that holds the unspent balance of each plan. Only the plan's wallet can withdraw it.