> For the complete documentation index, see [llms.txt](https://torch-1.gitbook.io/litepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://torch-1.gitbook.io/litepaper/system-mechanics/key-parameters.md).

# Key parameters

Torch introduces several innovations that enhance system efficiency, price discovery, and user engagement:

* [Lead time quality](/litepaper/system-mechanics/lead-time-quality.md)
* [Local confidence](/litepaper/system-mechanics/local-confidence.md)
* [Boldness quality](/litepaper/system-mechanics/boldness-quality.md)
* [Sharpness quality](/litepaper/system-mechanics/sharpness-quality.md)
* [Bonus share](/litepaper/system-mechanics/bonus-share.md)
* [Payout pool](/litepaper/system-mechanics/bonus-pool.md)