From cc012256123aee14d43656fcb59bbdb1c6aa8a83 Mon Sep 17 00:00:00 2001 From: lash Date: Thu, 3 Aug 2023 15:36:21 +0100 Subject: [PATCH] Specify fee inheritance --- README.md | 4 +--- 1 file changed, 1 insertion(+), 3 deletions(-) diff --git a/README.md b/README.md index 4d62873..2c35494 100644 --- a/README.md +++ b/README.md @@ -86,15 +86,13 @@ Fee is defined in _parts-per-million_, i.e. `1000000` equals `100%`. Any value l By default, all deducted fees are credited to the pool contract. -Using the `setFeeAddress` method, an external beneficiary for the fees may be defined. That beneficiary will receive all fees _from that moment on_. +Using the `setFeeAddress` method, an external beneficiary for the fees may be defined. That beneficiary will be eligible to receive all fees pending external payment _from that moment on_. Note that this does also include any fees that were not claimed by a previous beneficiary. #### Withdrawing fees Fees to be paid externally are accounted for internally in the contract, and may be withdrawn at any time using either the `withdraw(outToken)` or `withdraw(outToken, value)` method. (Note the difference in method signature from the exchange method: `withdraw(outToken, inToken, value)`. - - ## Sealing the contract The contract implements the [CIC Seal](https://git.grassecon.net/cicnet/cic-contracts/#seal) interface for the following properties: