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Minted uses third-party valuation firms such to determine:
  • Enterprise value
  • Fair equity value
  • SPV equity value
  • NAV per SPV Unit
The NAV Engine computes: NAV = SPV Equity Value / SPV Units Outstanding NAV is published:
  • On-chain (NAV Oracle)
  • In UI dashboards
  • To issuer dashboards
NAV grounds the ELE in real equity fundamentals acting as a center of gravity for dex price. NAV does not affect token price. Token price is market-driven. NAV just defines how many units a user receives when they enter ELE. NAV