fix repeated phrase in redemption and change from 1 TBTC to 'Deposit size'
@@ -47,11 +47,12 @@ _redemption request_ includes the following:
2. A public key hash (PKH) for BTC delivery
- the 20-byte hash160 of a public key belonging to the requester
- for security and privacy, this should be a new keypair
-3. 1 TBTC plus fees (see <<Repayment Amount>>)
+3. _Deposit_ size plus fees (see <<Repayment Amount>>)
-Upon receipt of the _redemption request_, the smart contract burns 1 TBTC,
-distributes signer fees and the beneficiary bond, and records the receipt of
-the request, and notifies the signers that a signature is required.
+Upon receipt of the _redemption request_, the smart contract burns TBTC equal
+to the _Deposit_ size, distributes signer fees and the beneficiary bond, and
+records the receipt of the request, and notifies the signers that a signature
+is required.
Once notified of the redemption request, the signers must wait for confirmation
on the host chain. If they do not wait for confirmation, the redemption request
@@ -67,8 +68,8 @@ contract because it no longer has a record of the redemption request.
:custodial-fee: 0.005 TBTC (50 basis points)
:beneficiary-bond-payment: 0.0005 TBTC
-The repayment amount is 1 TBTC plus the custodial fee, plus the custodial fee
-of {custodial-fee} and a payment of {beneficiary-bond-payment} to the deposit
+The repayment amount is the _Deposit_ size plus the custodial fee of
+{custodial-fee} and a payment of {beneficiary-bond-payment} to the deposit
beneficiary. This ensures that the signers are paid upon providing a signature
and that the beneficiary is compensated for opening the deposit.
