diff --git a/bsip-0017.md b/bsip-0017.md
index 393f3c8..fc6e02d 100644
--- a/bsip-0017.md
+++ b/bsip-0017.md
@@ -350,3 +350,22 @@ Not all shareholders need to understand the technical details of the proposal,
 however, they should be aware of the implications of these changes. It is
 particularly important to understand how the revival of an asset affects the
 different parties, i. e. holders, shorters, traders and issuers.
+
+After an asset SWAN backed an asset BACK has seen global settlement, in order to
+revive it all existing SWAN must be destroyed and their owners must receive a
+share of the available collateral (BACK). In particular,
+
+0. At the time of the black swan, all outstanding settlement requests will be
+   filled, and all MPAs backed by SWAN will receive a global settlement as well.
+1. At the time of revival, all open market orders concerning SWAN will be
+   cancelled (buys and sells).
+2. Other MPAs backed by SWAN will be settled as well.
+3. Other PMs backed by SWAN will be modified so that they are backed by BACK.
+4. Vesting balances, genesis balances and account balances of SWAN will be turned
+   into respective balances of BACK.
+5. Blinded balances of SWAN will receive special treatment so that they can be
+   withdrawn as BACK.
+6. The SWAN fee pool will be zeroed out, and the issuer will receive the
+   remaining BACK collateral.
+7. Finally, SWAN will be put into a state where the issuer can modify parameters
+   and eventually open it up for general use again.