Five Pillars Token & crypto glossary

Plain-language definitions of the key terms used across this hub.

BEP-20

BEP-20 is the token standard on BNB Smart Chain, equivalent to Ethereum's ERC-20. Five Pillars Token (5PT) is a BEP-20 token. BEP-20 tokens are not on Ethereum and are read on the BscScan explorer.

A deflationary token reduces its circulating supply over time, typically by burning tokens. 5PT is marketed as deflationary because staking deposits are burned — but its contract can also mint, so total supply is dynamic, not fixed.

Burn-to-earn staking

A model where users permanently burn (destroy) tokens to earn ongoing rewards. 5PT's staking burns deposits and pays daily rewards. Fixed daily returns funded by new deposits are a recognised high-yield-risk pattern.

Multi-level referral system

A reward scheme where users earn from the deposits of people they recruit, across several downline tiers. 5PT layers this on its staking pools. Recruitment-dependent rewards are a common warning sign in high-yield crypto projects.

Liquidity lock

Locking a project's liquidity-pool (LP) tokens in a time-locked contract so the team cannot withdraw the pool (a rug pull). 5PT's LP is locked on UNCX for 10 years (until 2035-09-16), verifiable on-chain.

Fully diluted valuation (FDV)

FDV is the token price multiplied by the total (or maximum) supply — the theoretical value if all tokens were in circulation. 5PT's FDV is about $44M. FDV is not the same as market cap, which uses only circulating supply.

Ownable2Step

An OpenZeppelin pattern where contract ownership transfers in two steps (propose, then accept) to prevent mistakes. 5PT uses it and has not renounced ownership, so the owner retains privileged control over the contract.

Contract source verification

Publishing a contract's source code on an explorer (e.g. BscScan) so anyone can read exactly what it does. 5PT's source is verified. Verification proves what the code is — it does not prove the token is safe.

Honeypot

A token you can buy but cannot sell, usually due to hidden contract logic. Before buying any BSC token, run a honeypot/sell-tax check (e.g. honeypot.is, GoPlus) against the exact contract address.

Smart-contract audit

A security review of a contract's code by a third party. 5PT has reports from Cyberscope, Coinscope and SolidProof. An audit reduces risk but never guarantees safety, and the audited code must match the deployed contract.