The Sui Ecosystem now has access to the first-ever Native One-Stop Liquidity Protocol, the NAVI Protocol. The protocol aims to facilitate user participation as either liquidity providers or borrowers. Liquidity providers can offer assets to the market and earn yields as a passive income stream. On the other hand, borrowers can obtain loans for various assets. The NAVI Protocol prioritizes providing essential DeFi infrastructure to establish itself as a pillar in the rapidly evolving DeFi space within the Sui Ecosystem.
NAVX offers advanced features such as Isolation Mode and Automatic Leverage Vaults to enable users to leverage their assets and capitalize on emerging trading prospects while mitigating risk. The protocol places a premium on safeguarding user funds and minimizing systemic risks while accommodating digital assets with different risk levels. The NAVI Protocol's original Indian name means "Be Kind to People," which underlines the team's commitment to facilitating widespread DeFi adoption through the user-friendliness and security provided by the Move programming language.
NAVX has a total supply of 1,000,000,000.
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