PIP-0021: cleanup

PIP/PIP-0021.md

@@ -15,25 +15,15 @@ This document comprises the general agreement between parties receiving funding
 
 ### DEFINITIONS 
 - **Foundation**: PascalCoin Foundation Ltd.
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 - **Contractor**:  A person, business or company receiving, intending to receive or applying for Funding.
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 - **Proposal**:  An electronic document describing Works being proposed for receiving Funding.
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 - **Funding**, **Proposal Amount**: The moneys to be paid to the Contractor in exchange for the Works, as specified in the Proposal.
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 - **Payments**: A PASC disbursement from the Foundation to the Contractor comprising a part (or entirety) of the Funding.
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 - **Works**:  The physical, digital, electronic, tangible and/or intangible deliverables furnished by the Contractor based on an agreed Proposal.
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 - **DAO**: The PascalCoin Community who hold PASC and vote on Proposals.
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 - **FAS**: The Foundation's accounting system (“FAS”).
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 - **Contractor PASA**: the Contractors PascalCoin account used to receive Funding.
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 - **Contractor Holding PASA**: an account maintained for the Contractor by the Foundation.
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 - **Reserve Ratio**: the % amount of the Proposal Amount a Contractor needs to hold in order to receive Funding. Currently this is **0%** but is likely to change as FAS is developed.
  
 ## TERMS AND CONDITIONS