

Definitions of terms used across BitLease marketing, product, and legal materials. This page is a reader aid; the LTO Framework and other legal documents control if there is any difference.
Early exit path where you settle the remaining Total Obligation (often via Exit Valuation Settlement) using asset proceeds and/or stablecoins, per contract terms.
The process that values the Leased Asset at the Platform Reference Price, applies proceeds to the Total Obligation, and returns any Surplus Value to you, depending on the exit mode selected.
The point at which your Total Obligation reaches zero. After Full Settlement, the Leased Asset can move from the LTO Wallet to your Funding Wallet without restriction.
Your general on-platform wallet for deposits, withdrawals, and unrestricted custody. The Leased Asset transfers here after Full Settlement.
A structured contract: you obtain full economic use of a digital asset from execution while you pay down a defined obligation; formal on-chain ownership follows the agreed payment schedule and custody model.
The digital asset acquired under your LTO contract. It is held in the LTO Wallet during the Obligation Period and is your economic property from contract execution—it is not collateral in the lending sense.
Capital provider on the platform side of the arrangement, distinct from the client acquiring the Leased Asset through LTO.
The designated wallet where the Leased Asset must remain until Full Settlement. Economic activity (e.g. staking where applicable) occurs within this environment during the Obligation Period.
From LTO contract execution until Full Settlement or permitted exit: the window in which the Total Obligation applies and the Leased Asset remains subject to the LTO Wallet condition.
The reference used for execution and valuation, composed of live market inputs plus any disclosed spread, as described in platform disclosures.
The amount you owe under the active contract (financed balance plus accrued fees as defined in your agreement). It decreases with scheduled payments and reaches zero at Full Settlement.
BitLease’s structured protection layer referenced in marketing and product materials; exact mechanics and limits are defined in the relevant legal and risk disclosures.
Multi-party computation custody arrangements used where the product describes institutional-grade escrow of formal ownership layers until contractual completion.
You, the user party to an LTO or related platform agreement, as defined in the governing documents.
Initial payment required to open an LTO position, before recurring installments.
A scheduled payment reducing the Total Obligation according to your contract.
Yield or participation rights on the Leased Asset while it remains in the LTO Wallet, subject to asset and program availability and disclosures.