About NAVI Protocol
Overview
NAVI Protocol is the pioneering Native One-Stop Liquidity Protocol on Sui, offering users the opportunity to participate as liquidity providers or borrowers within the Sui ecosystem. Since its launch in August 2023, NAVI has achieved significant milestones, including:
- $200M+ Total Value Locked (TVL)
- 900,000+ Users
- $5B in Borrow Volume
Introducing NAVI Pro
NAVI Pro marks a major evolution in liquidity management on the NAVI Protocol, introducing groundbreaking features that enhance the DeFi experience on Sui. Over the past year, the NAVI team has focused on optimizing the lending and borrowing experience, catering to both beginners and seasoned DeFi users. This has been achieved through a series of smart contract and UI upgrades, significantly improving user experience over time.
In addition to these enhancements, the NAVI protocol team has gathered valuable community feedback to shape the development of NAVI Pro. This new iteration of the lending and borrowing protocol includes:
- Improved User Interface (UI)
- Access to Advanced DeFi Strategies
- Enhanced Liquidity Management
- Community-Building Tools
- Facilitated Developer Onboarding
- And much more
New Update
1. New & Fresh NAVI Protocol Website
NAVI Protocol unveiled its redesigned website, which is now live at naviprotocol.io. This update emphasizes clarity, legibility, and accessibility, featuring live analytics of NAVI’s performance over time.
The NAVI development team enhanced the accessibility and user experience of their entire product, starting with a comprehensive overhaul of the NAVI Protocol website. The landing page now features a sophisticated design and separate sections for major milestones, partnerships, exchange listings, and media coverage.
New pages focus on supporting builders on the Sui network, including a NAVI Developers Onboarding page that offers tools and information for hackathons and dev initiatives. The NAVI Ecosystem Fund page provides details on how developers can apply for grants from the 10M NAVX pool to build with NAVI, Volo, NAVX, and vSUI.
The Ecosystem Fund is open to the public for applications.
2. Upgraded Dashboard
The Dashboard is one of the many additions to NAVI Pro that aims to make the user experience more streamlined and comprehensive. You will find your positions’ Supply/Borrow details section, where you can directly interact with the pools to supply & withdraw assets or borrow & repay borrowed assets.
3. Liquidation Forecast
NAVI Pro’s Liquidation Forecast is a powerful new feature that allows Sui network users to efficiently assess the health of their positions. This tool provides crucial insights into account health factors, safety borrows, and liquidation levels, along with a comprehensive price table for all supported assets.
About NAVI Protocol
NAVI Protocol is the premier liquidity protocol in the Sui Ecosystem, offering seamless participation as liquidity providers or borrowers. Since its launch in August 2023, NAVI has been at the forefront of the DeFi space on Sui, continually innovating to meet the needs of its growing user base.
For more information, visit naviprotocol.io.
Conclusion
NAVI Protocol has made significant strides in the DeFi space on Sui, with a strong focus on optimizing the lending and borrowing experience. The introduction of NAVI Pro marks a major evolution in liquidity management, offering groundbreaking features that enhance the DeFi experience on Sui. With its new website, upgraded dashboard, and Liquidation Forecast, NAVI Pro is poised to take the DeFi space to new heights.
FAQs
Q: What is NAVI Protocol?
A: NAVI Protocol is the premier liquidity protocol in the Sui Ecosystem, offering seamless participation as liquidity providers or borrowers.
Q: What are the key features of NAVI Pro?
A: NAVI Pro includes improved user interface, access to advanced DeFi strategies, enhanced liquidity management, community-building tools, facilitated developer onboarding, and much more.
Q: What is the new NAVI Protocol website?
A: The new website emphasizes clarity, legibility, and accessibility, featuring live analytics of NAVI’s performance over time.
Q: How can I apply for the Ecosystem Fund?
A: The Ecosystem Fund is open to the public for applications. You can find more information on the NAVI Ecosystem Fund page.
