"X" amount of ZeUSD issued on top of "Asset" as underlying collateral.
Principal Value before resolution:
"Y" USD value of USDC/ USDT supplied for "Z" amount of collateral in "Asset" (or) "Z" amount of collateral in "Asset" supplied, valued at "Y" USD at the time of deposit.
Principal Value After Resolution:
User part of "Group", "A"% of principal retained “B” USD value retained for user post resolution, supplied in USYC as underlying collateral for your V2 ZeUSD position.
New V2 ZeUSD Position (after rebalance):
"C" amount of ZeUSD issued on top of USYC as underlying collateral, for your retained "B" USD value post resolution.