mirror of
https://github.com/lux-apps/papers.git
synced 2026-10-30 18:15:21 +00:00
zeekay
abf99d05fc
Restructured from flat .tex/.pdf files into per-paper subdirectories. Added Antje Worring as co-author on all papers. Synced PDFs to pdfs/ for download site.
45 lines
1.5 KiB
TeX
45 lines
1.5 KiB
TeX
\section{State Transition Reference}
|
|
|
|
\label{sec:transitions}
|
|
|
|
\begin{table*}[t]
|
|
\centering
|
|
\caption{Allowed operations per solvency state.}
|
|
\label{tab:state-ops}
|
|
\small
|
|
\begin{tabular}{@{}lcccc@{}}
|
|
\toprule
|
|
\textbf{Operation} & \textbf{Healthy} & \textbf{Restricted} & \textbf{Emergency} & \textbf{Recovery} \\
|
|
\midrule
|
|
Mint credit & Yes & No & No & No \\
|
|
Burn credit & Yes & Yes & Yes & Yes \\
|
|
Release backing & Yes & Yes & Policy & Yes \\
|
|
Strategy deposit & Yes & No & No & No \\
|
|
Strategy withdrawal & Optional & Initiated & Forced & No \\
|
|
ATS security wrapping & Yes & Yes & No & No \\
|
|
Backing report required & Yes & Yes & Yes & Yes \\
|
|
\bottomrule
|
|
\end{tabular}
|
|
\end{table*}
|
|
|
|
\begin{table*}[t]
|
|
\centering
|
|
\caption{State transition conditions and authorized actors.}
|
|
\label{tab:transitions}
|
|
\small
|
|
\begin{tabular}{@{}llll@{}}
|
|
\toprule
|
|
\textbf{From} & \textbf{To} & \textbf{Condition} & \textbf{Actor} \\
|
|
\midrule
|
|
Healthy & Restricted & $B < L / \lambda$ & Automatic \\
|
|
Restricted & Healthy & $B \geq L / \lambda$ & Automatic \\
|
|
Restricted & Emergency & $B < L$ & Automatic \\
|
|
Any & Emergency & $B < 0.985 \cdot L$ & Automatic (auto-pause) \\
|
|
Emergency & Recovery & Recapitalization & Governance / MPC \\
|
|
Recovery & Healthy & $E/B \geq 1 - \lambda$ & Governance / MPC \\
|
|
\bottomrule
|
|
\end{tabular}
|
|
\end{table*}
|
|
|
|
|