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This repository has been archived by the owner on Aug 27, 2024. It is now read-only.
I need to be able to view the offered terms of the loan (interest rate) and either approve or reject them
Acceptance criteria
The importer while viewing a specific transaction should see the corresponding purchase contract and the details.
The importer should be able to see what the final terms are offered by those financing the loan. For example, loan stakers are willing to offer the 5% APY for the duration of the loan
The importer should be able to see what the final terms are offered by the insurance for the loan. For example, the protocol calculates 1.5% one-time premium
If the importer approves the terms, the loan amount should be payed into the escrow to be held until the terms of when payment to exporter are met i.e. proof of shipment has been uploaded or goods have been accepted
If the importer rejects the terms, the loan should return to the protocol for one more round of competitive bidding from loan stakers
Development:
TAL commission contract
If the importer holds/stakes taral tokens, the payment premium that the protocol calculates will be smaller.
The text was updated successfully, but these errors were encountered:
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User story:
I need to be able to view the offered terms of the loan (interest rate) and either approve or reject them
Acceptance criteria
Development:
The text was updated successfully, but these errors were encountered: