NAV
How the Stockpile's net asset value is defined and sourced.
NAV is the sum of Stockpile holdings valued at their oracle price. It is the input to claim value, to the lending market's collateral maths, and to any statement about premium or discount.
ts
NAV = Σ ( vaultBalance[asset] × oraclePrice[asset] )Requirements
- A vault contract with readable balances
- A valuation source per asset class
- A staleness policy for each source