Key terms used throughout AsiliChain documentation.
| Term | Definition |
|---|
| BatchToken | ERC-1155 token representing a weighed, graded coffee batch. Minted on Mantle when coffee is delivered and graded. The primary collateral unit. |
| GrowingCropToken | ERC-721 token representing a standing pre-harvest crop. Issued at planting. LTV: 30–65%. Burned when crop is harvested and converted to a BatchToken. |
| WarehouseReceiptToken | Upgraded BatchToken representing a buyer-committed batch. Issued when a PurchaseOrder is confirmed. LTV: 75–80%. |
| LendingVault | UUPS-upgradeable smart contract on Mantle that holds MFI capital, evaluates BatchToken collateral, and disburses USDC loans. |
| CreditScore | On-chain score starting at 500. +50 per on-time repayment. −100 per default. Portable, permanent, public. |
| DDS | Due Diligence Statement — the document required by EUDR Article 4 for every coffee shipment entering the EU. AsiliChain generates it automatically. |
| HCS | Hedera Consensus Service — the append-only audit log that records every stage event from both Mantle and the AsiliChain API. |
| TraceLog | Smart contract on Mantle that records the eight custody stages of a coffee batch from farm gate to export. |
| PurchaseOrder | Smart contract on Mantle that records a buyer’s committed purchase. Upgrades collateral tier from BatchToken to WarehouseReceiptToken. |
| ProtocolFee | Smart contract distributing the 4% AsiliChain margin from each repayment cycle. |
| No governance token | AsiliChain does not issue a governance token. This is a permanent design decision. Protocol governance uses a 3-of-5 multisig. Revenue is generated through lending margin, DDS fees, and SaaS — not token issuance. |
| Term | Definition |
|---|
| Mantle Network | The Ethereum ZK rollup on which all AsiliChain smart contracts are deployed. ChainId 5000. 1-hour finality via OP Succinct/SP1. |
| Hedera HCS | Hedera Hashgraph’s Consensus Service. Used as an independent, immutable audit log. Governed by IBM, Google, FedEx, Boeing consortium. |
| USDC | USD Coin — the stablecoin used for all on-chain settlements, MFI deposits, and LendingVault operations on Mantle. |
| cUSD | Celo Dollar — used in the legacy 3-chain architecture. Replaced by USDC on Mantle in the single-chain design. |
| CCIP | Chainlink Cross-Chain Interoperability Protocol. Referenced in earlier architecture iterations. Eliminated in single-chain design. |
| OP Succinct / SP1 | The ZK proof system powering Mantle’s rollup. Type-1 zkEVM — full EVM equivalence. |
| Term | Definition |
|---|
| Fonbnk | Payment rail for USDC → UGX → MTN Mobile Money conversions. Uses a merchant balance model — we deposit USDC to Fonbnk’s Celo address, they credit our balance, and disbursements are triggered via API. Handles farmer payouts in under 60 seconds. 14 chains supported. |
| TransFi | Institutional on-ramp for MFI bank wire deposits (UGX or USD) converted to USDC and delivered to LendingVault. ISO27001 + SOC2 Type 2. |
| Fonbnk API | The POST /fonbnk/v2/order endpoint called by the AsiliChain API to trigger farmer disbursements from the merchant balance. |
| MTN MoMo | MTN Mobile Money — the primary mobile payment account through which farmers receive loan disbursements and coffee sale proceeds. |
| MAAIF NTS | Ministry of Agriculture, Animal Industry and Fisheries National Traceability System — Uganda’s government GPS-mapping programme for coffee farmers. |
| GFW | Global Forest Watch — satellite deforestation monitoring API checked at farm registration and DDS generation. |
| Africa’s Talking | USSD gateway provider for the *384# farmer interface. |
| Alchemy | RPC provider and webhook service for Mantle mainnet event detection. |
| Pinata | IPFS pinning service for DDS documents, weight-slip photos, and farm boundary GeoJSON. |
| Term | Definition |
|---|
| EUDR | EU Deforestation Regulation (EU 2023/1115). Enforcement deadline December 30, 2026. Requires GPS-verified DDS for every EU coffee shipment. |
| MAAIF / Department of Coffee Development | Ministry of Agriculture, Animal Industry and Fisheries. Regulates Uganda’s entire coffee sector following the dissolution of UCDA under the National Coffee Amendment Act 2024. The Department of Coffee Development within MAAIF now handles all export licensing, pre-shipment inspection, quality standards, and cooperative registration previously administered by UCDA. |
| UCDA | Uganda Coffee Development Authority. Regulated Uganda’s coffee sector from 1991 until dissolution under the National Coffee Amendment Act 2024. Its functions transferred to the Department of Coffee Development under MAAIF. The UCDA website (ugandacoffee.go.ug) continues as the department’s public portal. References to “UCDA-licensed” in industry documents refer to the successor department. |
| UEPB | Uganda Export Promotions Board. Issues the Certificate of Origin required for preferential EU trade terms on every coffee export. |
| Phytosanitary certificate | Document issued by MAAIF confirming a coffee consignment is free of pests, disease, and prohibited substances. Required for EU entry alongside the export licence and DDS. |
| Certificate of Origin | Document issued by UEPB confirming the coffee originates from Uganda. Required for preferential tariff treatment under EU-Uganda trade agreements. |
| KICD | Kampala Inland Container Depot. Primary facility where export licence pre-shipment inspection and phytosanitary inspection are conducted before containers leave Uganda. |
| MAAIF | Ministry of Agriculture, Animal Industry and Fisheries — issues the National Traceability System IDs and GPS maps. |
| UMRA | Uganda Microfinance Regulatory Authority — licences Tier IV MFIs. All MFI partners must be UMRA-licensed. |
| BoU | Bank of Uganda — regulates payment service providers and mobile money. |
| FIA | Financial Intelligence Authority — registers Virtual Asset Service Providers (VASPs) in Uganda. Fonbnk must hold FIA registration. |
| UWRSA | Uganda Warehouse Receipt System Authority Act (2006) — establishes warehouse receipts as negotiable instruments under Ugandan law. The BatchToken’s legal anchor. |
| TRACES | EU Trade Control and Expert System — the platform where EUDR DDS documents are filed. |
| Term | Definition |
|---|
| LTV | Loan-to-Value ratio — the percentage of collateral value that can be borrowed. GrowingCropToken: 30–65%. BatchToken: 60–70%. WarehouseReceiptToken: 75–80%. |
| APR | Annual Percentage Rate. Informal lender APR in Uganda: 60–120%. AsiliChain borrower APR: 14–18%. |
| Auto-repayment | The mechanism by which a loan repays automatically when a BatchToken reaches EXPORTED status — the buyer’s USDC payment flows through LendingVault before net balance reaches the cooperative. |
| Float | The cooperative’s cUSD or USDC working reserve used to pre-fund farmer payouts before settlement from buyers. |
| TaaS | Tokenization-as-a-Service — Mantle’s pre-built KYC tooling and legal structuring framework for RWA tokenisation. |
| RWA | Real-World Asset — tokenised representation of a physical asset. AsiliChain’s BatchToken is an agricultural commodity RWA. |
