Privpedia
Every word that gets thrown around a launch, said plainly. If you had to ask what it meant, you were right to ask.
19 of 19 terms
Airdrop
a payment made to wallets that already hold a token, without them asking for one
Airdrops are how a project pays holders. Every one worth trusting is published as an on-chain transaction so a holder can check their own wallet rather than a screenshot.
CA
contract address — the unique identifier of a token on-chain
The only reliable way to find a token. Two tokens can share a name and a ticker; they cannot share an address. Every buy on this site starts by pasting one.
DEX
a market that trades tokens directly between wallets, with no account and no approval
You trade from your own wallet against a pool of tokens. Nobody can freeze the market, and nobody can reverse your trade once you sign it.
Gas / fee
the small amount of SOL paid to the network for processing a transaction
Paid to the network, never to a project. A wallet that asks you to pay a separate fee to receive a reward is not a wallet — it is a theft attempt.
Holding
keeping a token instead of selling it, usually measured from the moment you bought
The behaviour that reward rounds have looked at so far. Holding is not a promise of income and nobody can tell you how long is long enough.
Launchpad
a service that mints tokens and opens trading for anyone who pays the fee
No identity check and no review. That is what makes a launch take seconds, and it is why a launchpad listing is not a recommendation of any kind.
Liquidity
the pool of tokens and SOL a market trades against
Without it a token cannot be sold. Its size and who controls it matter more than the price, because a price you cannot exit is not a price.
Mint authority
the permission that lets someone create more tokens
If it is still held by a creator, more supply can appear at any time. Buyers check this before they check almost anything else.
pump.fun
the launchpad Privnon was created on
A service where a token can be created in seconds with no KYC. It handles the mechanics of a launch; it does not vouch for anything launched through it.
Recovery phrase
the words that rebuild a wallet and everything in it
The phrase is the money. Anyone who reads it owns your balance, and no support team will ever ask for it because no honest one could use it.
RLS / RPC
a server an app talks to in order to read the chain
A convenience, not an authority. Anything an RPC tells you can be checked again against the public ledger with your own copy of the data.
Slippage
how much worse a price you will accept before the trade is cancelled
Too low and the trade fails. Too high and you quietly overpay. Start low and raise it a little rather than aiming high first.
SOL
the native coin of Solana, used for fees and as the other side of most trades
You buy it from an exchange, send it to your own wallet address, and swap it for whatever token you came for.
Solana
the blockchain Privnon lives on
Chosen because a launch and a trade take seconds and cost very little. Everything it records is public, which is the reason this site links to the ledger rather than quoting it.
Solscan
a public explorer where any Solana transaction can be looked up
Paste an address or a transaction hash and read the record yourself. Trust your own copy of the data, not a screenshot from a stranger.
SPL token
the standard a Solana token is built to
It defines how a token is transferred and how balances are tracked. Following the standard does not make a token valuable or honest.
Top holders
the wallets holding the largest share of a token's supply
Worth reading before you buy: if a few wallets hold most of the supply, a single decision can move the whole market.
Wallet
an app that holds the keys which sign your transactions
It is not an account with a password you can reset. If you lose the keys, the balance is gone, and no one can restore it for you.
ZEC
a separate coin that Privnon's own tooling has been described as rewarding holders with
It is not the same asset as $ANON. The posts this site is built from describe it; nothing here converts one into the other or puts a price on either.
A word missing?
If a term keeps appearing in conversations and is not defined here, that is a gap worth raising on the account rather than guessing at in private.
These are plain-language explanations written for this site, not a dictionary and not advice. Where a definition touches money, the honest answer is usually "check the transaction yourself" — which is why most of them point at a wallet or an explorer rather than at a claim.