These variables define the fundamental state of any position in Twyne. Think of them as the “atoms” from which all other calculations are built.
Whitepaper
B
User’s borrowed amount from external lending protocol, in some common unit of account
Litepaper
B
Outstanding external borrow, in some common unit of account
Solidity
maxRepay()
Amount owed to the underlying lending protocol (e.g., Euler), denominated in borrowed asset (e.g., USDC)
Plain English
The actual debt the borrower owes to the external lending market
Implementation Note: This value includes accrued interest.
Whitepaper
C_LP
Credit reserved from Intermediate Vault, in some common unit of account
Litepaper
C_LP
Outstanding CLP collateral being reserved, in some common unit of account
Solidity
maxRelease
Amount borrowed from the Credit Vault to boost position, denominated in reserved asset (e.g., eulerWETH)
Plain English
The extra collateral borrowed from Credit LPs to increase borrowing power
Whitepaper
C_total or C + C_LP
Total collateral as seen by external protocol, in some common unit of account
Litepaper
Not explicitly defined
Implicit in calculations
Solidity
totalAssetsDepositedOrReserved
Sum of user collateral and reserved credit, denominated in collateral asset (e.g., eulerWETH)
Plain English
The total collateral backing the position from the external protocol’s perspective
Whitepaper
C
User’s collateral deposited in their Collateral Vault, in some common unit of account
Litepaper
C
Simplified notation matching whitepaper, in some common unit of account
Solidity
totalAssetsDepositedOrReserved-maxRelease()
Actual collateral owned by the borrower excluding any reserved credit, denominated in collateral asset (e.g., eulerWETH)
Plain English
The borrower’s own assets used as collateral, not including borrowed credit from CLPs
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