What Is NAVI?
Navi is the first Native One-Stop Liquidity Protocol on Sui. It enables users to participate as liquidity providers or borrowers within the Sui Ecosystem.
Liquidity providers supply assets to the market, earning passive income through yields, while borrowers have the flexibility to obtain loans for different assets. With its focus on providing essential DeFi infrastructure, Navi aims to be a key player in the rapidly evolving world of DeFi in the Sui Ecosystem
The protocol's innovative features, such as Automatic Leverage Vaults and Isolation Mode, enable users to leverage their assets and access novel trading opportunities with minimized risks. NAVI's design provides support for digital assets at different risk levels, while its advanced security features ensure the protection of user funds and the mitigation of systemic risks.
The name "NAVI" finds its roots in the original Indian language, meaning "Be Kind to People." This philosophy is reflected in the NAVI team's commitment to fostering mass adoption of DeFi by emphasizing the simplicity and security offered by the Move programming language.
Key Offerings:
- Earn interest
- Borrow
- Bluechip Pool & LP-based Pool
Why NAVI?
Navi's offering includes a decentralized liquidity protocol. It allows users to lend and borrow cryptocurrency assets without intermediaries, using a shared liquidity pool system.
Navi's liquidity pools are created for each supported asset, and users can deposit their assets into these pools. They receive Navi receipt tokens in return, which represent their share of the pool (i.e. nSUI). These tokens can be used as collateral to borrow other assets from the pool. The collateralization ratio determines the amount that can be borrowed, and it is adjusted dynamically based on supply and demand.