Glossary
TermsContract:
- An on-chain smart contract that implements methods:
registerTermStart,registerRepayment,getExpectedRepaymentValue,getValueRepaidToDate,getTermEndTimestamp. - It's a fill in the blank template that contains terms logic given a set of parameters. For Example, given an interest rate & length of time, it will do the math needed to return the expected repayment value.
- It contains quite a bit other logic eg how to calculate interest rate over the