Mhairi
March 2, 2022, 12:59pm
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This UMIP will have the effect of introducing an updated ExpiringMultiParty contract template that matches the one introduced in UMIP-14, but with this bug fix.
## Headers
| UMIP-27 | |
|------------|------------------------------------------------------------------------------------------------------------------------------------------|
| UMIP Title | Approve Patched EMP Financial Contract Template |
| Authors | Matt Rice (matt@umaproject.org) |
| Status | Approved |
| Created | December 14, 2020 |
## Summary
This UMIP will have the effect of introducing an updated ExpiringMultiParty contract template that matches the one introduced in UMIP-14, but with [this](https://github.com/UMAprotocol/protocol/pull/2203) bug fix.
## Motivation & Rationale
This UMIP was motivated by a bug report that revealed that the liveness-reset feature introduced in UMIP-14 did not work as intended due to a reversed inequality.
## Technical Specification
To accomplish this upgrade, a new financial contract template must be deployed.
Deployment address: https://etherscan.io/address/0xB3De1e212B49e68f4a68b5993f31f63946FCA2a6.
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