From 87f36c21722fc902571c0f1ab73ee67d32263d82 Mon Sep 17 00:00:00 2001 From: chris-belcher Date: Tue, 3 Aug 2021 15:02:05 +0100 Subject: [PATCH] Fix error in simplified equation in fidelity-bond --- docs/fidelity-bonds.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/docs/fidelity-bonds.md b/docs/fidelity-bonds.md index 8028fba..11cee62 100644 --- a/docs/fidelity-bonds.md +++ b/docs/fidelity-bonds.md @@ -163,7 +163,7 @@ You must spend them from JoinMarket itself. Fidelity bonds UTXOs are valuable as soon as they confirmed. The simplified formula for a fidelity bond value with locked coins is: - bond_value = (locked_coins * exp(interest_rate * locktime))^2 + bond_value = (locked_coins * (exp(interest_rate * locktime) - 1))^2 A few important things to notice: * The bond value goes as the _square_ of sacrificed value. For example if your sacrificed value is