{"action":"created","issue":{"url":"https://api.github.com/repos/MakerDAO/token-auction/issues/5","repository_url":"https://api.github.com/repos/MakerDAO/token-auction","labels_url":"https://api.github.com/repos/MakerDAO/token-auction/issues/5/labels{/name}","comments_url":"https://api.github.com/repos/MakerDAO/token-auction/issues/5/comments","events_url":"https://api.github.com/repos/MakerDAO/token-auction/issues/5/events","html_url":"https://github.com/MakerDAO/token-auction/issues/5","id":160290750,"number":5,"title":"Specify refund address in two-way auction","user":{"login":"rainbeam","id":18486361,"avatar_url":"https://avatars.githubusercontent.com/u/18486361?v=3","gravatar_id":"","url":"https://api.github.com/users/rainbeam","html_url":"https://github.com/rainbeam","followers_url":"https://api.github.com/users/rainbeam/followers","following_url":"https://api.github.com/users/rainbeam/following{/other_user}","gists_url":"https://api.github.com/users/rainbeam/gists{/gist_id}","starred_url":"https://api.github.com/users/rainbeam/starred{/owner}{/repo}","subscriptions_url":"https://api.github.com/users/rainbeam/subscriptions","organizations_url":"https://api.github.com/users/rainbeam/orgs","repos_url":"https://api.github.com/users/rainbeam/repos","events_url":"https://api.github.com/users/rainbeam/events{/privacy}","received_events_url":"https://api.github.com/users/rainbeam/received_events","type":"User","site_admin":false},"labels":[{"url":"https://api.github.com/repos/MakerDAO/token-auction/labels/enhancement","name":"enhancement","color":"84b6eb"}],"state":"open","locked":false,"assignee":{"login":"rainbeam","id":18486361,"avatar_url":"https://avatars.githubusercontent.com/u/18486361?v=3","gravatar_id":"","url":"https://api.github.com/users/rainbeam","html_url":"https://github.com/rainbeam","followers_url":"https://api.github.com/users/rainbeam/followers","following_url":"https://api.github.com/users/rainbeam/following{/other_user}","gists_url":"https://api.github.com/users/rainbeam/gists{/gist_id}","starred_url":"https://api.github.com/users/rainbeam/starred{/owner}{/repo}","subscriptions_url":"https://api.github.com/users/rainbeam/subscriptions","organizations_url":"https://api.github.com/users/rainbeam/orgs","repos_url":"https://api.github.com/users/rainbeam/repos","events_url":"https://api.github.com/users/rainbeam/events{/privacy}","received_events_url":"https://api.github.com/users/rainbeam/received_events","type":"User","site_admin":false},"milestone":null,"comments":1,"created_at":"2016-06-14T21:40:46Z","updated_at":"2016-06-15T13:12:19Z","closed_at":null,"body":"Excess selling token in the two-way auction is refunded to the creator.\r\n\r\nThis should be configurable (motivation: refunding a liquidated cdp owner directly)."},"comment":{"url":"https://api.github.com/repos/MakerDAO/token-auction/issues/comments/226182504","html_url":"https://github.com/MakerDAO/token-auction/issues/5#issuecomment-226182504","issue_url":"https://api.github.com/repos/MakerDAO/token-auction/issues/5","id":226182504,"user":{"login":"rainbeam","id":18486361,"avatar_url":"https://avatars.githubusercontent.com/u/18486361?v=3","gravatar_id":"","url":"https://api.github.com/users/rainbeam","html_url":"https://github.com/rainbeam","followers_url":"https://api.github.com/users/rainbeam/followers","following_url":"https://api.github.com/users/rainbeam/following{/other_user}","gists_url":"https://api.github.com/users/rainbeam/gists{/gist_id}","starred_url":"https://api.github.com/users/rainbeam/starred{/owner}{/repo}","subscriptions_url":"https://api.github.com/users/rainbeam/subscriptions","organizations_url":"https://api.github.com/users/rainbeam/orgs","repos_url":"https://api.github.com/users/rainbeam/repos","events_url":"https://api.github.com/users/rainbeam/events{/privacy}","received_events_url":"https://api.github.com/users/rainbeam/received_events","type":"User","site_admin":false},"created_at":"2016-06-15T13:12:19Z","updated_at":"2016-06-15T13:12:19Z","body":"There are two cases in which there is excess sell-token:\r\n\r\n1. In the forward part of the auction, if the full lot is not bid on.\r\n2. In the reverse part of the auction, as the lowest bid drops.\r\n\r\nWe want to return the excess in the 2nd case to the cdp owner. Excess collateral in the 1st case belongs to Maker, but where should it be sent to (if all auctionlets expire)?"}}
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