About NAVI Protocol
In the ecosystem of Sui, NAVI has distinguished itself as the trailblazer of a comprehensive liquidity protocol, enabling involvement as liquidity furnishers or lenders. Launched in August 2023, NAVI has accomplished numerous key objectives, including:
- $200M+ Total Value Locked (TVL)
- 900,000+ Users
- $5B in Borrow Volume
Introducing NAVI Pro
NAVI Pro represents a significant advancement in liquidity management under the NAVI Protocol, bringing innovative features that elevate the DeFi experience on Sui. Throughout the last year, NAVI's team has poured efforts into refining the lending and borrowing experience to serve novices and veteran DeFi participants alike. Achievements have come through strategic updates to both smart contracts and user interfaces, enhancing the overall user journey.
Alongside these progressive upgrades, the NAVI team has leveraged invaluable feedback from the community to influence the direction of NAVI Pro development. This evolved version of the protocol for lending and borrowing is outfitted with:
- Improved User Interface (UI)
- Access to Advanced DeFi Strategies
- Enhanced Liquidity Management
- Community-Building Tools
- Facilitated Developer Onboarding
- And much more
Part of Navi Pro’s New update
1.New & Fresh NAVI Protocol Website
NAVI Protocol unveiled its redesigned website, now live at
naviprotocol.io
. This overhaul highlights improved clarity, readability, and user-friendliness, offering real-time analytics of NAVI’s performance metrics.
To enrich user experience and make their ecosystem more accessible, the NAVI developers revamped the NAVI Protocol website with a contemporary design, clearly delineating major milestones, partnerships, exchange highlights, and media inclusions.
Furthermore, tailored pages now cater to builders on the Sui network, such as a dedicated NAVI Developers Onboarding portal that supplies essential resources for hackathons and development projects. The NAVI Ecosystem Fund page outlines how developers can access grants from the 10 million NAVX fund for projects incorporating NAVI, Volo, NAVX, and vSUI.
Open invitations are extended for the ecosystem fund’s 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 incorporates the innovative Liquidation Forecast feature, offering Sui network participants the ability to thoroughly evaluate the health of their positionings. This tool delivers valuable insight into aspects like account health, secure borrowing limits, and liquidation thresholds, complemented by a detailed asset price chart.
About NAVI Protocol
NAVI Protocol reigns as the top-tier liquidity solution in the Sui Ecosystem, facilitating smooth engagement for liquidity providers and borrowers alike. Since its début in August 2023, NAVI has led the DeFi domain on Sui, persistently innovating to fulfill its expanding community's demands.
For more information, visit NAVI Protocol .
Contact:
Company Name: NAVI PROTOCOL LABS INC.
Contact Person: Ivan Djordjevic
Email: [email protected]
Website: https://naviprotocol.io/
Disclaimer: This Press Release is distributed by an external entity responsible for its content. It's imperative to perform due diligence before acting on the material contained herein.
