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Advance Global Payment Accounting

Overview

Whenever any interaction is made with a Loan from the LoanManager, _advanceGlobalPaymentAccounting is called. The purpose of this function is to account all Loans' outstanding interest and to represent the current state at the current timestamp.
For all of the below examples, the following abbreviations are used:
  • AIAI
    : accountedInterest
  • IRIR
    : issuanceRate
  • DSDS
    : domainStart
  • DEDE
    : domainEnd
For all of the below examples, $accountedInterest$ starts as the following:

Example 1: Call before domainEnd

In this example, the payment is made before the domainEnd, so no payments are removed from the sorted list.
AGPA 1

Example 2: Call after domainEnd, before Loan 2 Payment Due Date

In this example, the payment is made after the domainEnd, so Loan 1 is removed from the sorted list and domainEnd is updated.
AGPA 2

Example 3: Call after domainEnd, before Loan 3 Payment Due Date

In this example, the payment is made after the domainEnd and Loan 2's payment due date, so Loans 1 and 2 are removed from the sorted list and domainEnd is updated.
AGPA 3

Example 4: Call after domainEnd, after Loan 3 Payment Due Date

In this example, the payment is made after the domainEnd, Loan 2, and Loan 3's payment due dates, so Loans 1, 2 and 3 are removed from the sorted list and domainEnd is updated.
AGPA 4