- Mint
- The address that identifies one token on Solana. You paste it into Dexscreener, RugCheck, GMGN or Photon to look the coin up.
- Mint authority
- A permission that lets someone create more of the coin. Revoked (null) is what you want; otherwise the supply can be inflated on you.
- Freeze authority
- A permission that lets someone freeze wallets so they cannot sell. Revoked is required; live freeze authority is an instant SKIP.
- Liquidity pool (LP)
- The pot of SOL and tokens that trades happen against. LP locked or burned means the creator cannot pull the pot out from under you.
- Rug pull
- When the creator removes the liquidity or dumps a hidden stash, leaving holders with tokens nobody can sell.
- Honeypot
- A coin you can buy but not sell, usually through a freeze, a blacklist or a 99 percent sell tax.
- Token-2022
- A newer Solana token standard that allows extensions like a transfer fee on every trade. Not bad by itself, but check transferFee.pct.
- Slippage
- How far the fill price may move from the quote before the order is rejected. 300 bps means 3 percent.
- Basis points (bps)
- Hundredths of a percent. 50 bps is 0.5 percent; Jupiter shows its fee as feeBps.
- Lamports
- The smallest unit of SOL. One SOL is 1,000,000,000 lamports; Jupiter's amount field uses them.
- Hard stop
- A safety stop that sells everything when the price falls a fixed percent below your entry, here minus 30 percent.
- Trailing stop
- A stop that follows the price up and never moves down; here it sells if price falls 25 percent from its peak after you took half at 2x.
- Paper trading (dry run)
- Running the whole bot with fake fills and real prices so you can judge the rules with zero money at risk.
- Burner wallet
- A fresh wallet holding only pocket money, used for anything connected to a bot or a trading site, so a leak cannot reach your main funds.
- Kill switch
- Here, a file named STOP in the project folder. If it exists the bot refuses to open any trade.