Market

Market Contract Address: inj1nc7gjkf2mhp34a6gquhurg8qahnw5kxs5u3s4u

The Market Contract is a core component of the Neptune Protocol, responsible for handling various financial operations such as lending, borrowing, collateral management, flash loans and liquidations. It provides a robust and flexible interface for users to interact with the Neptune financial ecosystem.

Query Messages

1. Get All Markets

Query: get_all_markets

Purpose: Returns a paginated list of all markets available in the Neptune Protocol, including their current state, interest rates, utilization metrics, and market-specific parameters. Supports pagination through start_after and limit parameters. If pagnation is not used, returns all markets.

Query Input:

{
  "get_all_markets": {
    "start_after": {
      "native_token": {
        "denom": "inj"
      }
    },
    "limit": 2
  }
}

Parameter	Type	Description	Required
start_after	object	Object containing information of the token to start after	No
start_after. native_token	object	Token type	Yes
start_after. native_token. denom	string	Denomination of native token	Yes
limit	u64	Number of responses to return	No

Query Response:

[
  [
    {
      "native_token": {
        "denom": "peggy0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2"
      }
    },
    {
      "time_last_distributed_interest": "1740443520617491324",
      "utilization_accumulator": "17052188166231954.57528721805685724",
      "lending_principal": "13161660610653173698",
      "debt_pool": {
        "balance": "7987724390439616559",
        "shares": "7626917102526772054"
      },
      "market_asset_details": {
        "receipt_addr": "inj1kehk5nvreklhylx22p3x0yjydfsz9fv3fvg5xt",
        "borrow_halt_utilization": "0.85",
        "interest_fee": "0.01",
        "borrow_cap": "180000000000000000000",
        "enabled": true
      }
    }
  ],
  [
    {
      "native_token": {
        "denom": "peggy0xdAC17F958D2ee523a2206206994597C13D831ec7"
      }
    },
    {
      "time_last_distributed_interest": "1740443389082701440",
      "utilization_accumulator": "26033903718931173.530196318587580776",
      "lending_principal": "1050352807605",
      "debt_pool": {
        "balance": "873600917508",
        "shares": "697338323165"
      },
      "market_asset_details": {
        "receipt_addr": "inj1cy9hes20vww2yr6crvs75gxy5hpycya2hmjg9s",
        "borrow_halt_utilization": "0.95",
        "interest_fee": "0.02",
        "borrow_cap": null,
        "enabled": true
      }
    }
  ]
]

Parameter	Type	Description
native_token	AssetInfo	Contains details about the native token
native_token. denom	string	The denomination of the native token
time_last_distributed_interest	Timestamp	The timestamp of the last interest distribution
utilization_accumulator	Decimal256	The accumulated utilization value
lending_principal	Uint256	The principal amount currently lent
debt_pool	Pool	Contains details about the debt pool
debt_pool. balance	Uint256	The balance of the debt pool
debt_pool. shares	Uint256	The shares of the debt pool
market_asset_details	MarketAssetDetails	Contains details about the market asset
market_asset_details. receipt_addr	Addr	The receipt address for the market asset
market_asset_details. borrow_halt_utilization	Decimal256	The utilization level at which borrowing halts
market_asset_details. interest_fee	Decimal256	The interest fee applied to the market asset
market_asset_details. borrow_cap	Uint256	The borrowing cap for the market asset. Can be null
market_asset_details. enabled	boolean	Indicates if the market asset is enabled

2. Get All Collaterals

Query: get_all_collaterals

Purpose: Fetches a paginated list of all collateral assets available in the Neptune Protocol, including their LTV ratios, liquidation parameters, collateral caps, and current pool states. Supports pagination through start_after and limit parameters. If pagnation is not used, returns all collaterals.

Query Input:

{
  "get_all_collaterals": {
    "start_after": {
      "native_token": {
        "denom": "inj"
      }
    },
    "limit": 2
  }
}

Parameter	Type	Description	Required
start_after	object	Object containing information of the token to start after	No
start_after. native_token	object	Token type	Yes
start_after. native_token. denom	string	Denomination of native token	Yes
limit	u64	Number of responses to return	No

Query Response:

[
  [
    {
      "native_token": {
        "denom": "peggy0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2"
      }
    },
    {
      "collateral_details": {
        "collateral_type": "regular",
        "liquidation_ltv": "0.7",
        "allowable_ltv": "0.69",
        "max_discount": "0.14",
        "min_discount": "0.14",
        "collateral_cap": "160000000000000000000",
        "enabled": true
      },
      "collateral_pool": {
        "balance": "2987272506047754137",
        "shares": "2987272506047754137"
      }
    }
  ],
  [
    {
      "native_token": {
        "denom": "peggy0xdAC17F958D2ee523a2206206994597C13D831ec7"
      }
    },
    {
      "collateral_details": {
        "collateral_type": "regular",
        "liquidation_ltv": "0.78",
        "allowable_ltv": "0.77",
        "max_discount": "0.08",
        "min_discount": "0.08",
        "collateral_cap": "450000000000",
        "enabled": true
      },
      "collateral_pool": {
        "balance": "2629718706",
        "shares": "2629718706"
      }
    }
  ]
]

Parameter	Type	Description
native_token	AssetInfo	Contains details about the native token
native_token. denom	string	The denomination of the native token
collateral_details	CollateralDetails	Contains details about the collateral
collateral_details. collateral_type	AssetType	The type of collateral (e.g., regular)
collateral_details. liquidation_ltv	Decimal256	The loan-to-value ratio for liquidation
collateral_details. allowable_ltv	Decimal256	The allowable loan-to-value ratio
collateral_details. max_discount	Decimal256	The maximum discount applied to the collateral
collateral_details. min_discount	Decimal256	The minimum discount applied to the collateral
collateral_details. collateral_cap	Uint256	The cap on the amount of collateral
collateral_details. enabled	boolean	Indicates if the collateral is enabled
collateral_pool	Pool	Contains details about the collateral pool
collateral_pool. balance	Uint256	The balance of the collateral pool
collateral_pool. shares	Uint256	The shares of the collateral pool

3. Get State

Query: get_state

Purpose: Retrieves a comprehensive snapshot of the entire market contract state, combining both the market assets data and collateral assets data in a single query. This provides a complete view of all markets and collaterals without pagination.

Query Input:

{
  "get_state": {}
}

Query Response:

{
  "markets": [
    [
      {
        "native_token": {
          "denom": "factory/inj1n636d9gzrqggdk66n2f97th0x8yuhfrtx520e7/ausd"
        }
      },
      {
        "time_last_distributed_interest": "1740441525814418055",
        "utilization_accumulator": "914755917117089.362843672401733295",
        "lending_principal": "100066949842",
        "debt_pool": {
          "balance": "42565274086",
          "shares": "42429423999"
        },
        "market_asset_details": {
          "receipt_addr": "inj1tkuemghm734h9qy8fh2eu0qp9hyfdlws0llt8g",
          "borrow_halt_utilization": "0.95",
          "interest_fee": "0.02",
          "borrow_cap": null,
          "enabled": true
        }
      }
    ],
    ...............
  ],
  "collaterals": [
    [
      {
        "native_token": {
          "denom": "factory/inj1n636d9gzrqggdk66n2f97th0x8yuhfrtx520e7/ausd"
        }
      },
      {
        "collateral_details": {
          "collateral_type": "regular",
          "liquidation_ltv": "0.78",
          "allowable_ltv": "0.77",
          "max_discount": "0.12",
          "min_discount": "0.08",
          "collateral_cap": "300000000000",
          "enabled": true
        },
        "collateral_pool": {
          "balance": "44893",
          "shares": "44893"
        }
      }
    ],
    .................
  ]
}

4. Get User Accounts

Query: get_user_accounts

Purpose: Retrieves detailed information about all sub-accounts associated with a specific wallet address, including their debt positions and collateral deposits across different assets.

Query Input:

{
  "get_user_accounts": {
    "addr": "inj.........."
  }
}

Parameter	Type	Description
addr	Addr	Injective wallet address

Query Response:

[
  [
    2,
    {
      "debt_pool_accounts": [
        [
          {
            "native_token": {
              "denom": "inj"
            }
          },
          {
            "principal": "14730000000000000000",
            "shares": "14955143791342905893"
          }
        ]
      ],
      "collateral_pool_accounts": [
        [
          {
            "token": {
              "contract_addr": "inj18luqttqyckgpddndh8hvaq25d5nfwjc78m56lc"
            }
          },
          {
            "principal": "27049873259216212851",
            "shares": "26907049547493586917"
          }
        ]
      ]
    }
  ]
]

Parameter	Type	Description
[0]	uint8	sub account index number
debt_pool_accounts	array<[AssetInfo, PoolAccount]>	Contains details about the user's debt pools
debt_pool_accounts[]. native_token. denom	string	The denomination of the native token in the debt pool
debt_pool_accounts[]. principal	Uint256	The principal amount in the debt pool
debt_pool_accounts[]. shares	Uint256	The shares in the debt pool
collateral_pool_accounts	array<[AssetInfo, PoolAccount]>	Contains details about the user's collateral pools
collateral_pool_accounts[]. token. contract_addr	Addr	The contract address of the token in the collateral pool
collateral_pool_accounts[]. native_token. denom	string	The denomination of the native token in the collateral pool
collateral_pool_accounts[]. principal	Uint256	The principal amount in the collateral pool
collateral_pool_accounts[]. shares	Uint256	The shares in the collateral pool

5. Get All Accounts

Query: get_all_accounts

Purpose: Returns a paginated list of all margin accounts across all users in the protocol, including their debt and collateral positions. Supports efficient pagination through [address, index] cursor and limit parameters.

Query Input:

{
  "get_all_accounts": {
    "start_after": ["inj...........", 0],
    "limit": 2
  }
}

Parameter	Type	Description
start_after	[Addr, uint8]	The address and index to start the query after
start_after[0]	Addr	The address to start after
start_after[1]	uint8	The account index to start after
limit	uint32	The maximum number of accounts to return

Query Response:

[
  [
    ["inj.............", 0],
    {
      "debt_pool_accounts": [
        [
          {
            "native_token": {
              "denom": "inj"
            }
          },
          {
            "principal": "1000000000000000000",
            "shares": "1000000000000000000"
          }
        ]
      ],
      "collateral_pool_accounts": [
        [
          {
            "token": {
              "contract_addr": "inj1contractaddress"
            }
          },
          {
            "principal": "2000000000000000000",
            "shares": "2000000000000000000"
          }
        ]
      ]
    }
  ],
  [
    ["inj...........", 1],
    {
      "debt_pool_accounts": [],
      "collateral_pool_accounts": [
        [
          {
            "native_token": {
              "denom": "peggy0xC02aaA39b223FE8D0A0e5C4F27eAD9083C756Cc2"
            }
          },
          {
            "principal": "3000000000000000000",
            "shares": "3000000000000000000"
          }
        ]
      ]
    }
  ]
]

Parameter	Type	Description
debt_pool_accounts	array<[AssetInfo, PoolAccount]>	Contains details about the account's debt pools
debt_pool_accounts[]. native_token. denom	string	The denomination of the native token in the debt pool
debt_pool_accounts[]. principal	Uint256	The principal amount in the debt pool
debt_pool_accounts[]. shares	Uint256	The shares in the debt pool
collateral_pool_accounts	array<[AssetInfo, PoolAccount]>	Contains details about the account's collateral pools
collateral_pool_accounts[]. token. contract_addr	Addr	The contract address of the token in the collateral pool
collateral_pool_accounts[]. native_token. denom	string	The denomination of the native token in the collateral pool
collateral_pool_accounts[]. principal	Uint256	The principal amount in the collateral pool
collateral_pool_accounts[]. shares	Uint256	The shares in the collateral pool

6. Get Params

Query: get_params

Purpose: Retrieves the protocol's global configuration parameters, including liquidation settings, staking parameters, fee structures, flash loan settings, and core token addresses (hINJ and NEPT).

Query Input:

{
  "get_params": {}
}

Query Response:

{
  "time_window_nanos": 3600000000000,
  "partial_liquidation_threshold": "1000000000000000000000",
  "staking_health_modifier": "0.03",
  "stake_collateral_ratio": "0.1",
  "stake_flash_loan_ratio": "0.1",
  "target_liquidation_health": "1.03",
  "dynamic_discount_width": "0.01",
  "liquidation_fee": "0",
  "flash_loan_fee": "0",
  "flash_loans_enabled": true,
  "hinj": {
    "token": {
      "contract_addr": "inj18luqttqyckgpddndh8hvaq25d5nfwjc78m56lc"
    }
  },
  "nept": {
    "native_token": {
      "denom": "factory/inj1v3a4zznudwpukpr8y987pu5gnh4xuf7v36jhva/nept"
    }
  }
}

Parameter	Type	Description
time_window_nanos	uint64	Number of nanoseconds that an oracle price is valid for
partial_liquidation_threshold	Uint256	Minimum account value to avoid complete liquidation. Represented in USD with 18 decimal precision
staking_health_modifier	Decimal256	The maximum health increase provided by NEPT staking
stake_collateral_ratio	Decimal256	The required ratio of weighted staked NEPT to collateral value
stake_flash_loan_ratio	Decimal256	The required ratio of weighted staked NEPT to flash loan value
target_liquidation_health	Decimal256	The account health target to bring an account up to from a liquidation action
dynamic_discount_width	Decimal256	The required change in account health below 1.0 to achieve the maximum discount on a collateral asset
liquidation_fee	Decimal256	The coefficient used to calculate the liquidation protocol fee
flash_loan_fee	Decimal256	The coefficient used to calculate the flash loan fee
flash_loans_enabled	boolean	Whether flash loans are enabled
hinj	AssetInfo	AssetInfo for the hINJ token
hinj. token. contract_addr	Addr	The contract address of the hINJ token
nept	AssetInfo	AssetInfo for the NEPT token
nept. native_token. denom	string	The denomination of NEPT native token

---

Execute Messages

1. Receive

Execute: receive

Purpose: Handles incoming CW20 token transfers through the CW20 hook mechanism, allowing the contract to process token-specific operations based on the encoded instructions in the message.

{
  "receive": {}
}

2. Lend

Execute: lend

Purpose: Allows users to provide assets to the lending pool, which increases the pool's liquidity and enables the lender to receive nTokens representing their lending position.

{ 
    "lend": {}
},
"funds": "1000000peggy0xdAC17F958D2ee523a2206206994597C13D831ec7"

Parameter	Type	Description	Required
funds	Coin	The amount and denomination of tokens to lend	Yes

3. Redeem

Execute: redeem

Purpose: Allows users to withdraw their lending deposits by burning their nTokens in exchange for the underlying asset plus any accrued interest.

{
  "sender": "inj142aemh62w2fpqjws0yre5936ts9x9e93fj8322",
  "contract": "inj1cy9hes20vww2yr6crvs75gxy5hpycya2hmjg9s",
  "msg": {
    "send": {
      "amount": "829841",
      "contract": "inj1nc7gjkf2mhp34a6gquhurg8qahnw5kxs5u3s4u",
      "msg": "eyJyZWRlZW0iOnt9fQ==" //{"redeem":{}}
    }
  },
  "funds": "0"
}

Parameter	Type	Description	Required
sender	Addr	Wallet address of the user redeeming tokens	Yes
contract	Addr	nToken contract address that is initiating the redeem operation	Yes
msg	Cw20ReceiveMsg	CW20 hook message wrapping the redeem instruction	Yes
msg.send	object	Nested message instructing the market contract regarding the redeem sub-message	Yes
msg. send. amount	Uint128	The amount of nTokens to be redeemed	Yes
msg. send. contract	Addr	Market contract address that should process the redeem sub-message	Yes
msg. send. msg	Binary	Base64 encoded sub-message (which decodes to { "redeem": {} })	Yes
funds	Coin	Not used in this operation. Must be set to "0"	Yes

3.1 Deposit Collateral (Native Token)

Execute: deposit_collateral

Purpose: Enables users to deposit native tokens as collateral into a specified margin account, which can then be used to secure borrowed positions.

{
  "deposit_collateral": {
    "account_index": 0
  }
},
"funds": "1000000peggy0xdAC17F958D2ee523a2206206994597C13D831ec7"

Parameter	Type	Description	Required
account_index	uint8	The index of the account to deposit collateral into	Yes
funds	Coin	The amount and denomination of tokens to deposit as collateral	Yes

3.2 Deposit Collateral (CW20 Token)

Execute: deposit_collateral

Purpose: Enables users to deposit CW20 tokens as collateral into a specified margin account, which can then be used to secure borrowed positions.

Example: Applicable to hINJ token

{
  "sender": "inj...........",
  "contract": "inj18luqttqyckgpddndh8hvaq25d5nfwjc78m56lc",
  "msg": {
    "send": {
      "amount": "1000000000000000000",
      "contract": "inj1nc7gjkf2mhp34a6gquhurg8qahnw5kxs5u3s4u",
      "msg": "eyJkZXBvc2l0X2NvbGxhdGVyYWwiOnsiYWNjb3VudF9pbmRleCI6Mn19" //{"deposit_collateral":{"account_index":2}}
    }
  },
  "funds": "0"
}

Parameter	Type	Description	Required
sender	addr	Wallet address of the user depositing tokens (CW20 sender)	Yes
contract	addr	CW20 token contract address initiating the deposit operation	Yes
msg	Cw20ReceiveMsg	Container for the CW20 hook message payload	Yes
msg. send	object	The CW20 hook message instructing the market contract on how to process the collateral deposit	Yes
msg. send. amount	uint128	The amount of tokens to be deposited as collateral	Yes
msg. send. contract	addr	The market contract address that will process the deposit collateral request	Yes
msg. send. msg	binary	A Base64-encoded sub-message instructing the market contract to execute the deposit collateral operation	Yes
funds	coin	Not used for this operation. Must be set to "0"	Yes

4. Withdraw Collateral

Execute: withdraw_collateral

Purpose: Allows users to withdraw their deposited collateral from a margin account, provided the withdrawal doesn't violate the account's minimum collateralization requirements.

{
  "withdraw_collateral": {
    "account_index": 0,
    "asset_info": {
      "native_token": {
        "denom": "peggy0xdAC17F958D2ee523a2206206994597C13D831ec7"
      }
    },
    "shares": "1000000"
  }
}

Parameter	Type	Description	Required
account_index	uint8	The index of the account to withdraw collateral from	Yes
asset_info	AssetInfo	Information about the asset being withdrawn	Yes
asset_info. native_token	object	Token type	Yes
asset_info. native_token. denom	string	Token address	Yes
shares	Uint256	The number of shares to withdraw	Yes

5. Borrow

Execute: borrow

Purpose: Enables users to borrow assets against their deposited collateral, subject to the account's collateralization ratio requirements and market's borrowing limits.

{
  "borrow": {
    "account_index": 0,
    "amount": "1000000",
    "asset_info": {
      "native_token": {
        "denom": "peggy0xdAC17F958D2ee523a2206206994597C13D831ec7"
      }
    }
  }
}

Parameter	Type	Description	Required
account_index	uint8	The index of the account to withdraw collateral from	Yes
amount	Uint256	Amount of tokens to borrow	Yes
asset_info	AssetInfo	Information about the asset being withdrawn	Yes
asset_info. native_token	object	Token type	Yes
asset_info. native_token. denom	string	Token address	Yes

6. Return

Execute: return

Purpose: Allows users to repay borrowed assets to their margin account, reducing their debt position and associated interest accrual.

{
    "return": {
      "account_index": 0
    }
},
"funds": "1000001peggy0xdAC17F958D2ee523a2206206994597C13D831ec7"

Parameter	Type	Description	Required
account_index	uint8	The index of the account to return tokens to	Yes
funds	Coin	The amount and denomination of tokens to return	Yes

7. Inject

Execute: inject

Purpose: Enables privileged addresses to inject liquidity into market pools (lending, borrowing, or collateral) to manage pool balances, compound rewards, or adjust yields. Injecting into lending or collateral pools increases their value, while injecting into borrow pools decreases the system's debt.

{
    "inject": {
      "injection_type": "lend"
  }
},
"funds": "1000000peggy0xdAC17F958D2ee523a2206206994597C13D831ec7"

Parameter	Type	Description	Required
injection_type	RewardType	Target market pool to inject liquidty to. Can lend, borrow, or collateral	Yes
funds	Coin	The amount and denomination of tokens to inject	Yes

8. Borrow Flashloan

Execute: borrow_flash_loan

Purpose: Initiates a flash loan operation, allowing a user to temporarily borrow specified assets for short-lived, atomic operations (e.g., arbitrage, liquidation, or other custom strategies). The borrowed funds are sent directly to a designated flash loan receiver contract along with an array of messages (msgs) that instruct the receiver on how to utilize the funds. The entire operation must be completed within one transaction, with the borrowed funds being returned prior to the execution of the final protocol checks.

NOTE: A user's access to use flash loans, and the flash loan capacity, is gated by the value of their staked NEPT tokens.

Execute JSON:

{
  "borrow_flash_loan": {
    "assets": [
      [
        {
          "native_token": {
            "denom": "inj"
          }
        },
        "1000000"
      ]
    ],
    "msgs": [
      {
        "msg_data": {
          "execute": {
            "custom_operation": {
              "detail": "operation details"
            }
          }
        },
        "route": "custom"
      }
    ],
    "receiver": "inj1wmtzan6tgzg0zyauknuxdnnfjwn350yewjf6fq"
  }
}

Parameter	Type	Description	Required
assets	array<[AssetInfo, Uint256]>	A list of asset-amount pairs representing the tokens to be borrowed	Yes
assets[0]. native_token	object	Token type	Yes
assets[0]. native_token. denom	string	Token address	Yes
assets[1]	Uint256	Amount of tokens to be flashloaned	Yes
msgs	array<CosmosMsg_for_InjectiveMsgWrapper>	A list of sub messages to be forwarded and executed by the receiver address	Yes
receiver	Addr	The Flashloan Receiver address	Yes

9. Return Flashloan

Execute: return_flash_loan

Purpose: Used to repay the funds borrowed via a flash loan. Once the flash loan receiver (or borrower) completes its operations utilizing the temporarily provided liquidity, this call returns the exact borrowed amount(s) back to the market contract. The returned funds are then verified by a subsequent check to ensure the entire flash loan is repaid within the same transaction.

NOTE: The total amount of tokens to be repaid is equal to amount_borrowed + floashloan_fee

Execute JSON:

{
  "return_flash_loan": {
    "assets": [
      [
        {
          "native_token": {
            "denom": "inj"
          }
        },
        "1000000"
      ]
    ]
  }
}

Parameter	Type	Description	Required
assets	array<[AssetInfo, Uint256]>	A list of asset-amount pairs representing the tokens to be repaid	Yes
assets[0]. native_token	object	Token type	Yes
assets[0]. native_token. denom	string	Token address	Yes
assets[1]	Uint256	Amount of tokens to be repaid	Yes

10. Assert Flashloan Repaid

Execute: assert_flash_loan_repaid

Purpose: Ensures that all funds borrowed via a flashloan have been fully repaid within the same transaction. This check is executed after the corresponding return_flash_loan call, and if the repayment is incomplete, the entire transaction will revert.

Execute JSON:

{
  "assert_flash_loan_repaid": {}
}

11. Liquidate

Execute: liquidate

Purpose: Performs the liquidation of an undercollateralized margin account. This call allows a liquidator to repay a portion of the outstanding debt in a margin account that has fallen below the required collateralization threshold. In exchange, the liquidator seizes a discounted share of the account's collateral. The parameters ensure that the repaid amount does not exceed the account's outstanding debt and that the collateral received reflects the value of the repaid debt adjusted by the liquidation discount.

Execute JSON:

{
  "liquidate": {
    "account_index": 0,
    "repayment_amount": "1000000",
    "asset_info": {
      "native_token": {
        "denom": "peggy0xdAC17F958D2ee523a2206206994597C13D831ec7"
      }
    }
  }
}

Parameter	Type	Description	Required
account_index	uint8	The index of the margin account to be liquidated	Yes
repayment_amount	Uint256	The amount of debt to be repaid by the liquidator	Yes
asset_info	AssetInfo	The asset information representing the collateral type	Yes
asset_info. native_token	object	Token type	Yes
asset_info. native_token. denom	string	Token address	Yes

12. Update Market Asset

Execute: update_market_asset

Purpose: Allows privileged addresses to modify market-specific parameters such as interest rates, utilization caps, and operational status for a given asset market.

NOTE: Only whitelisted addresses can execute update_market_asset

Execute JSON:

{
  "update_market_asset": {
    "asset": {
      "native_token": {
        "denom": "factory/inj1n636d9gzrqggdk66n2f97th0x8yuhfrtx520e7/ausd"
      }
    },
    "market_asset_details": {
      "borrow_cap": null,
      "borrow_halt_utilization": "0.95",
      "enabled": true,
      "interest_fee": "0.02",
      "receipt_addr": "inj1tkuemghm734h9qy8fh2eu0qp9hyfdlws0llt8g"
    }
  }
}

Parameter	Type	Description	Required
asset	AssetInfo	Describes the asset for which the market configuration is to be updated	Yes
asset. native_token	object	Token type	Yes
asset. native_token. denom	string	Token address	Yes
market_asset_details	MarketAssetDetails	Contains the updated market asset parameters	Yes
market_asset_details. receipt_addr	Addr	The matching CW20 nToken address	Yes
market_asset_details. borrow_halt_utilization	Decimal256	Utilization threshold to halt borrowing	Yes
market_asset_details. interest_fee	Decimal256	The interest fee applied on borrows	Yes
market_asset_details. borrow_cap	Uint256	The borrowing cap for the asset. Can be null	Yes
market_asset_details. enabled	boolean	Indicates if the market asset is active	Yes

13. Update Collateral Asset

Execute: update_collateral_asset

Purpose: Allows privileged addresses to modify collateral-specific parameters such as LTV ratios, liquidation thresholds, and collateral caps for a given asset.

NOTE: Only whitelisted addresses can execute update_collateral_asset

Execute JSON:

{
  "update_collateral_asset": {
    "asset": {
      "native_token": {
        "denom": "factory/inj1n636d9gzrqggdk66n2f97th0x8yuhfrtx520e7/ausd"
      }
    },
    "collateral_asset_info": {
      "allowable_ltv": "0.77",
      "collateral_cap": "300000000000",
      "collateral_type": "regular",
      "enabled": true,
      "liquidation_ltv": "0.78",
      "max_discount": "0.12",
      "min_discount": "0.08"
    }
  }
}

Parameter	Type	Description	Required
asset	AssetInfo	Describes the asset for which the collateral configuration is to be updated	Yes
asset. native_token	object	Token type	Yes
asset. native_token. denom	string	Token address	Yes
collateral_asset_info	CollateralDetails	Contains the updated collateral asset parameters	Yes
collateral_asset_info. allowable_ltv	Decimal256	The allowable loan-to-value ratio for the collateral asset	Yes
collateral_asset_info. collateral_cap	Uint256	The cap on the amount of collateral that can be used in the market	Yes
collateral_asset_info. collateral_type	AssetType	The type of collateral (regular or receipt_token)	Yes
collateral_asset_info. enabled	boolean	Indicates if the collateral asset is enabled	Yes
collateral_asset_info. liquidation_ltv	Decimal256	The loan-to-value ratio at which the collateral is subject to liquidation	Yes
collateral_asset_info. max_discount	Decimal256	The maximum discount applied to the collateral during liquidation	Yes
collateral_asset_info. min_discount	Decimal256	The minimum discount applied to the collateral during liquidation	Yes

14. Distribute Interest

Execute: distribute_interest

Purpose: Updates the protocol's interest rate calculations and distributes accrued interest from borrowers to lenders, maintaining accurate accounting of lending and borrowing positions.

Execute JSON:

{
  "distribute_interest": {
    "assets": [
      {
        "native_token": {
          "denom": "peggy0xdAC17F958D2ee523a2206206994597C13D831ec7"
        }
      },
      {
        "native_token": {
          "denom": "inj"
        }
      }
    ]
  }
}

Parameter	Type	Description	Required
assets	array<AssetInfo>	A list of asset information for which interest is to be distributed	Yes
assets[]. native_token	object	Token type	Yes
assets[]. native_token. denom	string	Token address	Yes