{HEAD ~ The present invention} provides {TAIL ~ a waterborne paint} comprising a polyester resin having an acid number from 5 to 150 and a hydroxyl number from 30 to 250 and containing as a polyhydric alcohol component a hydroxy terminated polyalkadienediol having an average degree of polymerization from 5 to 50, a hydrogenated product of said polyalkadienediol or a mixture thereof in a proportion from 1 to 30% by weight of the entire polyester forming reactants, and a crosslinker, said polyester resin and said crosslinker being dispersed in an aqueous medium containing a neutralizing base 
{ HEAD ~ The present invention } provides { TAIL ~ a waterborne paint } comprising a polyester resin having an acid number from 5 to 150 and a hydroxyl number from 30 to 250 and containing as a polyhydric alcohol component a hydroxy terminated polyalkadienediol having an average degree of polymerization from 5 to 50 , a hydrogenated product of said polyalkadienediol or a mixture thereof in a proportion from 1 to 30 % by weight of the entire polyester forming reactants , and a crosslinker , said polyester resin and said crosslinker being dispersed in an aqueous medium containing a neutralizing base
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