Glossary
0XOF : The XOF stablecoin on Base. Pegged 1:1 to the West African CFA franc. 6 decimals. ERC-20.
Aerodrome : The largest decentralized exchange (DEX) on Base. 0XOF trades against EURC on Aerodrome.
Base : An Ethereum Layer 2 network built by Coinbase. Low fees, fast transactions, Ethereum security.
BCEAO : Banque Centrale des États de l'Afrique de l'Ouest — the central bank of the WAEMU zone. Issues XOF, manages monetary policy.
EURC : Circle's EUR stablecoin on Base. 0XOF's primary trading pair due to the XOF/EUR peg.
Nǔ : The 0XOF loyalty program. Hold 0XOF → earn Nǔ points daily → receive 0XOF monthly. Backed by WAEMU bond yield.
TWAB : Time-Weighted Average Balance. The method used to calculate Nǔ accrual. Daily snapshots of your 0XOF balance, averaged over the month.
UUPS : Universal Upgradeable Proxy Standard. The proxy pattern used by the 0XOF contract, allowing upgrades without changing the token address.
WAEMU : West African Economic and Monetary Union (also UEMOA in French). 8-country monetary union sharing the CFA franc: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, Togo.
XOF : The West African CFA franc. Shared currency of the WAEMU zone. Pegged to EUR at 655.957 XOF = 1 EUR.