> For the complete documentation index, see [llms.txt](https://paydax.gitbook.io/paydax-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://paydax.gitbook.io/paydax-docs/paydax-whitepaper-v6/glossary-section.md).

# Glossary Section

<table><thead><tr><th width="162.33331298828125">Term</th><th>Definition</th></tr></thead><tbody><tr><td>Vault</td><td>A secure, on-chain smart contract where users lock supported
 collateral (e.g., ETH, staked tokens, tokenized gold) to borrow
 blue-chip assets.</td></tr><tr><td>PDP</td><td>Paydax's native utility token that provides governance rights,
 staking rewards, and ecosystem benefits.</td></tr><tr><td>Debt</td><td>The amount of borrowed assets a user has taken from their Vault.
 Must be repaid to unlock the collateral.</td></tr><tr><td>Collateral Safety
<br>Score (CSS)</td><td>A ratio representing the health of a vault. If CSS drops below
 100.5%, partial or full liquidation may occur.</td></tr><tr><td>Stability Pool</td><td>A PDP-funded pool that helps manage undercollateralized
 vaults. Participants earn a portion of the liquidated collateral as
<br>rewards.</td></tr><tr><td>Loan-to-Value (LTV)</td><td>The ratio of borrowed assets against collateral value. Influenced
 by user tier and asset risk.</td></tr><tr><td>Over-Collateralizatio
n</td><td>The requirement to deposit more collateral than the value of
 borrowed assets. Ensures system solvency and stability.</td></tr></tbody></table>


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## 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, and the optional `goal` query parameter:

```
GET https://paydax.gitbook.io/paydax-docs/paydax-whitepaper-v6/glossary-section.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.