--- title: "Learn MakerDAO Lingo With Our New Glossary" authors: ["goldfarbas", "JerryAG"] date: 2021-04-12 --- # Learn MakerDAO Lingo With Our New Glossary Having trouble figuring out what everyone in the Maker community is talking about? Maybe you're writing about MakerDAO and need a quick reference to help readers understand your terms. Either way, the community's got you covered with our handy new [Glossary](https://community-development.makerdao.com/en/learn/Glossary). ## Learn Terms Like... ##### Dai Savings Rate (DSR) - A variable return earned by holding Dai in the DSR smart-contract. ##### Flap Auction - A process in which the Maker Protocol sells a fixed amount Dai in the system for MKR that is then burned to reduce its total supply. Also known as a "Surplus Auction." - [https://auctions.makerdao.com/flap](https://auctions.makerdao.com/flap) ##### Oracle Security Module - A security mechanism that delays and publishes the reference price produced by the Oracle System. A delayed price feed helps vault owners avoid potential liquidations caused by short-term volatility of Collateral assets and allows time to add Collateral in the case of large changes in the value of Collateral assets. ##### Vault - A core component of the Maker Protocol that facilitates the creation of Dai against locked up Collateral and allows for the destruction of Dai when repaying generated Dai balances. ## Make the Glossary Yours The Glossary is [live on the Community Portal](https://community-development.makerdao.com/en/learn/Glossary). Want to add a term or see something you want to change? Because the Glossary is published on the Community Portal, it can be updated through a [Github Pull Request (PR)](https://www.youtube.com/watch?v=nxOz5hpQODo&list=PLLzkWCj8ywWP1NPbyf69PUUCus_KsG7FI). If you need help submitting changes, please feel free to put in a PR or contact the Content Team via Maker Chat @seth.goldfarb or email at goldfarbas@gmail.com.