Contract Configuration
Last updated
Last updated
Contract configuration is a key step in setting up and integrating with the NAVI protocol. This process involves defining and customizing essential parameters that control the behavior of smart contracts, ensuring they function optimally within the ecosystem.
Key Elements of Contract Configuration:
Contract Address Setup: Configure the latest upgradable contract address. This address is crucial for routing transactions to the appropriate contract.
Pool Settings: Define supply and borrow pools, including pool addresses, supported tokens, and specific parameters like fees, limits, and incentives.
Oracle Integration: Connect smart contracts to oracles for real-time data, such as asset prices, which are vital for operations like liquidations and collateral management.
Proper configuration ensures seamless interactions between smart contracts, oracles, and other ecosystem components, enabling smooth processes like supplying, borrowing, and distributing rewards.