Bitget App
Aqlliroq savdo qiling
Kripto sotib olishBozorlarSavdoFyuchersEarnWeb3KvadratKo'proq
Savdo
Spot
Kriptoni osongina xarid qiling va soting
Marja
Sarmoyangiz va mablag'lar samaradorligini oshiring
Onchain
Onchain savdolar osonlashdi
Konvertatsiya va blokli savdo
Kriptovalyutani bir marta bosish va to'lovlarsiz konvertatsiyalash
Ko'rib chiqish
Launchhub
Oldinroq ustunlikka erishing va g'alaba qozonishni boshlang
Nusxalash
Bir marta bosish bilan elita treyderni nusxalang
Bots
Oddiy, tezkor va ishonchli AI savdo boti
Savdo
USDT-M Fyuchers
Fyucherslar USDTda hisob-kitob qilindi
USDC-M Fyuchers
Fyucherslar USDCda hisob-kitob qilindi
Coin-M Fyuchers
Fyuchers kriptovalyutalarda hisob-kitob qilindi
Ko'rib chiqish
Fyuchers bo'yicha qo'llanma
Fyuchers savdosida boshlang'ichdan kengaytirilgangacha sayohat
Fyuchers aksiyalari
Saxiy mukofotlar kutmoqda
Bitget Earn
Aktivlaringizni ko'paytirish uchun turli xil mahsulotlar
Simple Earn
Nol xavf bilan moslashuvchan daromad olish uchun istalgan vaqtda depozit qo'ying va yechib oling
On-chain Earn
Asosiy qarzni xavf ostiga qo'ymasdan har kuni daromad oling
Strukturaviy Earn
Bozordagi o'zgarishlarni boshqarish uchun kuchli moliyaviy innovatsiyalar
VIP va kapital boshqaruvi
Kapital boshqaruvini boshqarish uchun premium xizmatlar
Kreditlar
Yuqori fond kafolati bilan moslashuvchan qarz olish
New Listings
NAVI (NAVX): Liquidity Simplified on Sui Blockchain

NAVI (NAVX): Liquidity Simplified on Sui Blockchain

Boshlovchi
2024-02-08 | 5m

What is NAVI (NAVX)?

NAVI (NAVX) is the first native decentralized liquidity protocol on Sui that makes access to essential DeFi infrastructure simple. NAVI offers users the opportunity to participate as liquidity providers or borrowers in a straightforward manner. Whether you want to earn passive income by supplying assets or seek flexible borrowing options, NAVI provides a user-friendly platform for both.

The name "NAVI" stems from the Indian language, meaning "Be Kind to People." This philosophy resonates with NAVI's commitment to fostering mass adoption of DeFi by prioritizing simplicity and security. By leveraging the Move programming language, NAVI aims to provide a user-friendly experience for both novice and experienced DeFi users.

How NAVI (NAVX) Works

NAVI provides essential liquidity-related products to Sui users as follows:

Supply Earn

To begin your journey with NAVI, you'll need an SUI-compatible wallet. Once connected, you can explore the available lending markets and choose assets to supply. By depositing assets into NAVI's liquidity pools, you start earning interest, which is subject to change based on market conditions and borrow rates.

Users have the flexibility to supply any amount they desire, with no minimum or maximum limit. However, it's essential to consider transaction costs versus expected earnings, especially for smaller deposits.

Withdrawing your assets is straightforward, but it's crucial to be mindful of how it may affect your health factor, which is a numeric representation of the safety of your deposited assets against borrowed ones.

Borrowing

NAVI's overcollateralized lending/borrowing feature allows users to supply assets as collateral and borrow other types of assets. Before borrowing, ensure you've deposited sufficient assets as collateral. The maximum loan value depends on your deposited assets and the health factor.

Repaying the loan is done in the original token of the borrowed asset, along with accrued interest. It's a simple process of entering the repayment amount and confirming the transaction.

Liquidations

In the event of a borrower's health factor falling below 1 due to insufficient collateral, liquidation occurs. NAVI implements risk parameters such as Liquidation Threshold and Liquidation Penalty/Bonus to safeguard solvency. Users can avoid liquidation by repaying the loan or depositing more assets to increase their health factor.

Notifications

NAVI collaborates with a notification service to help users stay informed about changes in their health factors. By setting up notifications through Email, Telegram, or Discord, users receive alerts regarding their health factor dynamics.

NAVX Goes Live on Bitget

NAVX is the native token of the NAVI protocol. As a utility and governance token, NAVX holders enjoy a range of advantages, including fee discounts, liquidity incentives, staking rewards, and voting rights.

Don't miss out on the opportunity to trade NAVX on Bitget, where security, simplicity, and support converge to provide you with the ultimate trading experience. NAVX is listed on Bitget on February 7 .

How to Trade NAVX on Bitget

Step 1: Go to NAVXUSDT spot trading page

Step 2: Enter the amount and the type of order, then click Buy/Sell.

For detailed instructions on how to spot trade in Bitget, please read The Uncensored Guide To Bitget Spot Trading .

NAVI offers a comprehensive and accessible solution for navigating the complex world of DeFi. Whether you're looking to earn passive income through liquidity provision or borrow assets for various purposes, NAVI provides a user-friendly platform with innovative features and robust security measures. With its focus on simplicity, security, and mass adoption, NAVI paves the way for a future where DeFi is accessible to all.

Trade NAVX on Bitget now!

Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bo'lishish
link_icon
PI-ni qanday sotish kerakBitget PI ro'yxatini kiritiadi – Bitgetda PI-ni tezda sotib oling yoki soting!
Hoziroq savdo qiling
Biz barcha sevimli tangalaringizni taklif qilamiz!
BTC, ETH, SOL, DOGE, SHIB, PEPE kabi mashhur kriptovalyutalarni sotib oling, saqlang va soting, ro'yxat davom etadi. Ro'yxatdan o'ting va 6200 USDT yangi foydalanuvchi sovg'a to'plamini olish uchun savdo qiling!
Hoziroq savdo qiling