Write `docs/glossary.md` for protocol terminology

[Nursca]

Description
ILN documentation uses DeFi, invoice factoring, and Stellar-specific terms that new contributors and users may not know. A glossary prevents misunderstandings and reduces questions.

Requirements and context

• Terms to define: Invoice Factoring, Discount Rate, Basis Points (bps), Liquidity Provider (LP), Submitter, Payer, Reputation Score, Soroban, Stellar Asset Contract (SAC), Horizon, Trustline, Ledger, XDR, Settlement, Yield, Effective Yield, Quorum, Timelock, Circuit Breaker, HMAC
• Each term: 1–2 sentence definition, link to relevant doc or code where applicable
• Alphabetically sorted
• Link from docs/index.md and SDK README

Suggested execution

git checkout -b docs/glossary

• Create docs/glossary.md
• Review terms with at least one contributor unfamiliar with the project
• Link from index

Example commit message
docs: add protocol terminology glossary

[Chigybillionz]

Hi, I'd love to take this on. I can start right away. I'll make sure to resolve the issue as described, submit a clean PR, and have it ready before the wave closes.

[supreme2580]

Hi! I can take care of this. I've written technical documentation for developer-facing projects and know how important clear terminology is. I'll create a concise, well-organized glossary with relevant links and integrate it into the existing docs so it's easy for both new contributors and users to navigate.

[Stella112]

Hi, I’d like to work on #301. I can create a clear docs/glossary.md covering the protocol terminology, keep definitions concise and consistent with the existing docs/codebase, and submit a focused documentation PR.

[gloskull]

Hi, I’d love to work on this issue. I have 4 years of experience across backend, frontend, full-stack, and smart contract development. I understand the task clearly and can deliver a clean, efficient, well-tested solution on time, with strong focus on code quality and maintainability. My PR will be submitted in under 10 hours.

[Frontman-Code]

@Frontman-Code has applied to work on this issue as part of the Stellar Wave Program's 6th wave.

I will love to work on this issue

ℹ️ Repo Maintainers: To accept this application, review their application or assign @Frontman-Code to this issue.

[Emelie-Dev]

@Emelie-Dev has applied to work on this issue as part of the Stellar Wave Program's 6th wave.

Hi, I would love to work on this issue.

ℹ️ Repo Maintainers: To accept this application, review their application or assign @Emelie-Dev to this issue.

[Davidemulo]

@Davidemulo has applied to work on this issue as part of the Stellar Wave Program's 6th wave.

i will love to work on this issue

ℹ️ Repo Maintainers: To accept this application, review their application or assign @Davidemulo to this issue.

[drips-wave]

Congratulations, @Davidemulo! 🎉 Your application was accepted by the repo's maintainers, and the issue is due on June 30, 2026.

🧑‍💻 @Davidemulo: Please resolve the issue such that the repo's maintainers have enough time to review your contribution before the due date. You'll earn Points for completing the issue on-time, which will make you eligible for a share of the Stellar Wave Program's reward pool.

Warning

When opening a PR, please link it to this issue to ensure it gets tracked accurately. Points are awarded when this issue is marked as completed by the maintainer.

🤠 Repo maintainers: Please keep an eye on the contributor's progress and review their work before the due date. You can manage this issue, including adjusting its complexity and points, here.

🌊 Happy Wave 🌊

[grantfox-oss]

🦊 GrantFox — @Davidemulo has been assigned to this issue as part of the Official Campaign campaign!

Next steps:

1. Open a Pull Request referencing this issue (e.g., Closes #301)
2. Your PR will be reviewed by the Invoice-Liquidity-Network maintainers

Good luck! Track your progress on GrantFox.