economical => economic

Author: yaronvel

ERCS/erc-7770.md

@@ -15,7 +15,7 @@ requires: 20
 ## Abstract
 We propose a new token standard for synthetic assets that are only partially redeemable to their underlying asset, but fully backed by other collateral assets.
 
-The standard defines an interface to mint fractional reserve assets, and a standard to reflect economical risk related data to the token holders and lenders.
+The standard defines an interface to mint fractional reserve assets, and a standard to reflect economic risk related data to the token holders and lenders.
 
 ## Motivation
 The Cambrian explosion of new L1s and L2s gave rise to bridged assets which are synthetic by nature. Indeed, ETH on Arbitrum L2, or WETH on Binance Smart Chain are not fully fungible with their mainnet counterpart. However, these assets are fully backed by their mainnet counterpart and guaranteed to be redeemable to their mainnet underlying asset, albeit with certain time delay.