Glossary

Vault Unit

An ERC-1155 token representing fractional ownership of one specific, physical bottle held in Vellichor's custody.

Bottle ID

The token ID shared by all Vault Units of one bottle; auto-incremented each time a new bottle is listed via listBottle().

Listing ID

The identifier for one secondary-market sell order on VellichorMarket.sol; distinct from Bottle ID.

Genesis Vault

The first bottle(s) vaulted at launch, growing one bottle at a time rather than launching with a pre-curated batch.

Redemption

Burning 100% of a bottle's outstanding Vault Units to become eligible to claim the physical bottle, subject to off-chain KYC and compliance.

$VELL

Vellichor's separate governance/utility token; has no claim on any bottle. Live on Robinhood Chain via the pons launchpad — fixed supply, immutable, no owner/tax/blacklist.