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Copy file name to clipboardExpand all lines: XLS-0065-single-asset-vault/README.md
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@@ -281,15 +281,15 @@ The vault's totals are reduced after the redemption.
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The withdraw function handles a request for a specific amount of assets, which involves a two-step process to determine the final payout.
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First, the requested asset amount ($\Delta_{assets\_requested}$) is converted into the equivalent number of shares to burn, based on the vault's withdrawal NAV ($\Gamma_{assets} - \Omega - \iota$).
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First, the requested asset amount ($\Delta_{assets\\_requested}$) is converted into the equivalent number of shares to burn, based on the vault's withdrawal NAV ($\Gamma_{assets} - \Omega - \iota$).
This calculated $\Delta_{shares}$ amount is **rounded down (floor)** to the nearest whole number.
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Next, the floored number of shares from Step 1 is used to calculate the final asset payout ($\Delta_{assets\_out}$), using the same logic as a redemption.
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Next, the floored number of shares from Step 1 is used to calculate the final asset payout ($\Delta_{assets\\_out}$), using the same logic as a redemption.
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