# Glossary Terms used across Chamber docs. Alphabetical. ### Enabled assets The set of assets a specific vault is permitted to hold. Manager-configurable up to 12 at once, bounded by the [global asset list](#global-asset-list). ### Asset guard A per-asset-type contract that knows how to price, track the balance of, and unwind a given class of asset (plain ERC-20, Aave position, LP token, perp position, etc.). See [Guard system](/security/guard-system.md). ### Chamber DAO The DHT-governed DAO that owns the [protocol treasury](/treasury-and-protocol-economics/overview.md), controls the [Guard System](/security/guard-system.md) allowlists, and decides parameter changes via [meta-proposals](/governance-and-token/meta-proposals.md). ### Chamber token The Chamber token is in development. Details on governance role, supply, and mechanics will be published alongside the token launch. ### Contract guard A per-protocol contract that decodes and validates calls from a vault to an external protocol (Aave, Uniswap, Pendle, etc.). Calls that don't match the guard's rules revert. See [Guard system](/security/guard-system.md). ### Denomination asset The asset the vault's NAV and share price are quoted in. For Chamber vaults this is always **USD** — not a per-vault choice. See [Denomination asset](/manage/denomination-asset.md). ### Depositor whitelist On a private vault, the list of addresses permitted to deposit. Removing an address stops new deposits; it does **not** force existing positions out. ### DHT The dHEDGE DAO token — current Chamber governance token until CHMR launches. Used on Snapshot for meta-proposal voting. Historical staking/rewards programs are discontinued. See [DHT (legacy)](/governance-and-token/dht-legacy.md). ### Entry fee Optional fee charged on deposit, 0–2%. Paid in vault shares. 10% goes to the Chamber DAO. See [Manager: fees and performance](/manage/fees-performance.md). ### Exit fee Optional fee charged on withdrawal, 0–2%. Paid in vault shares. 10% goes to the Chamber DAO. ### Global asset list The protocol-wide allowlist of assets that can be added to any vault. An asset is on this list when it has a registered price feed in the protocol's AssetHandler. Governance-controlled (DAO multisig / onlyOwner), not manager-controlled. ### Guard System Chamber's contract-level layer that restricts which protocols a vault can call and which assets it can hold. See [Guard system](/security/guard-system.md). ### High-water mark (HWM) The highest NAV per share a vault has reached. Performance fees only mint when NAV exceeds the HWM. Vault-level and socialised across all holders (not per-depositor). See [Manager: fees and performance](/manage/fees-performance.md). ### Lockup The post-deposit cooldown during which those shares cannot be transferred or withdrawn — up to 24 hours, **weighted across deposits** (top-ups extend the remaining lockup proportionally, not reset it). Flash-loan protection. See [Lockup and withdrawals](/deposit/lockup-withdrawals.md). ### Management fee Annualised fee on AUM, 0–3%. Paid in vault shares, minted on deposit/withdrawal/manual trigger. 10% goes to the Chamber DAO. See [Manager: fees and performance](/manage/fees-performance.md). ### Manager The address that controls a vault's trading decisions, enabled assets, fees, and trader delegation. Cannot take custody of vault assets. See [Manage: overview](/manage/overview.md). ### Manual trigger A transaction the manager can send to force the vault to mint accrued fees and refresh state without a deposit or withdrawal. ### MCP server Chamber's Model Context Protocol server — a local-first npm package ([`@dhedge/chamber-mcp`](https://www.npmjs.com/package/@dhedge/chamber-mcp)) that lets Claude Desktop, Cursor, and other MCP clients place trades on a delegated vault. Keys are encrypted on the user's machine. See [AI-assisted management](/manage/ai-assisted-management.md). ### Meta-proposal A Chamber DAO governance proposal. Discussed on the forum, voted on Snapshot using the wallet's DHT balance (vDHT staking is no longer active). See [Meta-proposals](/governance-and-token/meta-proposals.md). ### NAV (Net Asset Value) Vault assets minus liabilities, divided by total shares. Priced using oracles. See [NAV accounting](/concepts/nav-accounting.md). ### Oracle A price feed used to value a vault's holdings. Chamber uses **Chainlink**, **Pyth**, and (for some assets) **TWAPs**. Staleness timeouts apply per feed type (25-hour default for Chainlink; per-aggregator values for Pyth and hybrids). See [Oracles](/concepts/oracles.md). ### Performance fee Fee charged on gains above the [HWM](#high-water-mark-hwm), 0–50%. Vault-level and socialised. Paid in vault shares. 10% goes to the Chamber DAO. ### Private vault A vault with a depositor whitelist. Only whitelisted addresses can deposit; anyone on the list can withdraw as normal. ### Public vault A vault open to deposits from any address. ### Risk Factor A 1–5 rating of a vault's downside volatility, surfaced on the vault directory. See [Leaderboard and ranking](/concepts/leaderboard-ranking.md). ### Share (vault token / DHVT) The ERC-20 token representing a claim on a vault's assets. Transferable after the lockup (up to 24 hours, weighted across deposits) clears. See [Vault tokens](/concepts/vault-tokens.md). ### Single-asset withdrawal Withdrawal method that auto-liquidates the vault's positions and returns a single asset (usually the deposit asset). May incur slippage. ### Trader An optional second address delegated by the manager to place trades. One trader per vault. Two permission toggles: "can change vault assets" (ON by default) and "can toggle vault privacy" (OFF by default). See [Trader delegation](/manage/trader-delegation.md). ### TWAP Time-weighted average price. One of the oracle types Chamber uses for assets where a single spot feed would be too manipulable. ### Underlying basket withdrawal Withdrawal method that returns a pro-rata slice of every asset the vault holds, including illiquid positions. No vault-side swaps, no slippage — you unwind the basket yourself. ### Vault A Chamber smart contract that holds assets under a manager's trading rules, with shares as receipts. Non-custodial. ### Vault Score A ranking metric: Sortino × √(7-day average vault value). See [Leaderboard and ranking](/concepts/leaderboard-ranking.md). ### vDHT Voting power previously earned by staking DHT. The vDHT staking program is **no longer active**; governance votes now run on Snapshot using wallet DHT balances directly. See [Legacy staking](/governance-and-token/dht-staking.md). --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.chamberfi.com/resources/glossary.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. 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