{
      "name": "chain-ccp-default-waterfall",
      "domain": "Treasury Clearing",
      "title": "CCP Default Waterfall Recompute to Cover-2 Sizing",
      "description": "Recomputes a CCP's sequential default-waterfall loss allocation for a caller-declared defaulting-member loss, then checks whether the recomputed allocation stays within the CCP's Cover-2 default fund sizing or breaches it.",
      "composer_url": "https://ainumbers.co/chaingraph/chains/chain-ccp-default-waterfall.html",
      "steps": [
        {
          "tool_id": "art-529-ccp-default-waterfall-recompute",
          "handoff": "stage-by-stage loss absorption and any unallocated residual feed Stage 2's fund-size adequacy check against the same declared loss amount"
        },
        {
          "tool_id": "art-530-default-fund-cover2-sizing",
          "handoff": "checks the declared default fund size against the worst-case Cover-2 stress scenario; terminal check"
        }
      ]
    }
