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Wiki glossary: ambiguous usage of `collateral` notion in `flux` and `slip`

Open yaronvel opened this issue 4 years ago • 3 comments

From the wiki glossary: flux: transfer collateral between users slip: modify a user's collateral balance ink: collateral balance

The glossary does not make a distinct definition to user's collateral (gem) as opposed to urn's collateral (ink). Hence, it might be better understood if flux description will be "transfer gem between users", or alternatively "transfer collateral token between users". And similarly for slip.

This will make it easier to understand that these operations do not change the sate of a CDP/urn.

yaronvel avatar Sep 07 '20 15:09 yaronvel

I think it should be improved the description of ink to something like "collateral balance locked in a vault"

gbalabasquer avatar Sep 07 '20 16:09 gbalabasquer

Agree that this is poorly defined. Here are some possible definitions of the terms: gem: internal token balance, unencumbered collateral balance ink: (encumbered) collateral balance

livnev avatar Sep 07 '20 16:09 livnev

"encumbered" is so cumbersome compared to "locked"!

flux: transfer unlocked collateral between users slip: modify a users unlocked collateral balance ink: locked collateral balance gem unlocked collateral balance

rainbreak avatar Sep 20 '20 07:09 rainbreak