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The counterparty payout for the Contract that is being replaced by the renew protocol can be computed by calculating the difference between the collateral of the to-be-replaced Contract and the ContractInput in the RenewOffer. This value can then be used to compute the implicit PNL of the replaced Contract.
As such we don't need/want to keep around the extra counter_payout argument and field throughout the renew protocol.
The text was updated successfully, but these errors were encountered:
The counterparty payout for the
Contract
that is being replaced by the renew protocol can be computed by calculating the difference between the collateral of the to-be-replacedContract
and theContractInput
in theRenewOffer
. This value can then be used to compute the implicit PNL of the replacedContract
.As such we don't need/want to keep around the extra
counter_payout
argument and field throughout the renew protocol.The text was updated successfully, but these errors were encountered: