Lagoon
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  • INTRODUCTION
    • What is Lagoon?
      • Core Features
      • Lagoon Architecture
      • Terminology
  • VAULT CREATORS
    • Onboarding
      • Create Vault
    • Roles and capacities
      • Vault Administrator
      • Whitelist Manager
      • Vault Curator
      • Price Oracle
      • Vault Keeper
    • Fees & Economics
    • Cross-chain
    • Protocol & Asset Integration
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  • The Price Oracle is responsible for :
  • Delegation of the Price Oracle Role
  1. VAULT CREATORS
  2. Roles and capacities

Price Oracle

Net Asset Value (NAV)

The Price Oracle ensures the accurate and up-to-date valuation of the vault's assets, which is essential. This enables users to deposit and redeem assets at fair values.

The Price Oracle is responsible for :

  • Propose asset value updates: The oracle provides updated valuations based on real-time market data.

  • NAV updates: The oracle ensures the consistency of the NAV based on the frequency chosen by the administrator, maintaining secure and reliable vault operations.

NAV updates must always be verified and settled by the Vault Curator.

Delegation of the Price Oracle Role

The Price Oracle role can be managed in different ways:

  • Vault Curator’s responsibility: The Vault Curator has the option to manage the oracle themselves using their own tools.

  • Trusted entities: The oracle can be a third-party service provider.

The oracle’s role is crucial for maintaining transparency and trust within the vault, safeguarding user funds, and ensuring smooth fund management.

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Last updated 2 months ago