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Valuation

How Stockpile holdings are converted into a single value.

Valuation is balances multiplied by prices. The balances are trivially readable from chain; the prices are the hard part, and the source set is unresolved.

Requirements for a valuation source

  • On-chain readable or verifiably attested
  • Explicit staleness window
  • A defined behaviour when the market for the asset is closed
  • No single point of manipulation for the lending market to exploit