P&L & Outcomes

This is a zero sum game between the Buyer and the Seller.

Situations	Buyer net P&L	Seller net payoff
Final Floor < Settlement Price	🖼​ NFT overpaid $= Floor_{Final} - Settlement Price < 0$	🖼 Sends the NFT $= Settlement Price -Floor_{Final} > 0$
Settlement Price < Final Floor < Settlement Price+ Security Deposit	🖼 NFT discounted $= Floor_{Final} - Settlement Price > 0$	🖼 Sends the NFT $= Settlement Price -Floor_{Final} < 0$​
Settlement Price+ Security Deposit < Final Floor	💰 ETH $Security Deposit > 0$	💰 Don't send the NFT $= -Security Deposit < 0$ ​

$$P\&L_{Buyer}=Min(FinalFloor-Settlement Price ,Security Deposit)$$

$$P\&L_{Seller}=Max(Settlement Price-FinalFloor ,-Security Deposit)$$