From f3ec8442010afce5c04141f0f67ff0a13b8131b4 Mon Sep 17 00:00:00 2001 From: 0xBasic <0xBasic@yearn.finance> Date: Fri, 28 Jul 2023 18:44:10 -0400 Subject: [PATCH] fix: small updates to v3 --- docs/getting-started/products/yvaults/v3.md | 6 ++---- 1 file changed, 2 insertions(+), 4 deletions(-) diff --git a/docs/getting-started/products/yvaults/v3.md b/docs/getting-started/products/yvaults/v3.md index 28af9690a2..88762eb8f5 100644 --- a/docs/getting-started/products/yvaults/v3.md +++ b/docs/getting-started/products/yvaults/v3.md @@ -89,7 +89,7 @@ To properly comply with the ERC-4626 standard and still allow losses, both withd If not enough funds can be withdrawn to honor the full request within the maxLoss parameter given, the transaction will revert. ### Vault Shares -Vault shares are ERC20 transferable yield-bearing tokens and ERC4626 compliant. Please read [ERC-4626 Ethereum Improvement Proposals](https://eips.ethereum.org/EIPS/eip-4626) for more information about ERC4626. +Vault shares are ERC20 transferable yield-bearing tokens and ERC4626 compliant. Please read [Ethereum Improvement Proposal: ERC-4626](https://eips.ethereum.org/EIPS/eip-4626) for more information about ERC4626. ### Accounting The vault will evaluate profit and losses from the strategies. This is done by comparing the current debt of the strategy with the total assets the strategy is reporting to have. @@ -308,9 +308,7 @@ The amount of a withdraw or redeem can be limited by the strategist by overridin In order to properly comply with the ERC-4626 standard and still allow losses, both withdraw and redeem have an additional optional parameter of 'maxLoss' that can be used. The default for 'maxLoss' is 0 (i.e. revert if any loss) for withdraws, and 10_000 (100%) for redeems. #### Strategy Shares -The strategy issues shares to each depositor to track their relative share of assets. Shares are ERC20 transferable yield-bearing tokens. - -They are ERC4626 compliant. Please read [ERC4626 compliance](https://hackmd.io/cOFvpyR-SxWArfthhLJb5g#ERC4626-compliance) to understand the implications. +The strategy issues shares to each depositor to track their relative share of assets. Shares are ERC20 transferable, ERC4626 compliant, yield-bearing tokens. #### Accounting The strategy will evaluate profit and losses from the yield generating activities.