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Navi Protocol (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.

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Overview

Project industryFinance Services & Banking / DeFi / Sui Ecosystem
Product typeProtocol
WhitepaperNavi Protocol White Paper Open

What is Navi Protocol

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.

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.

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.

Legal

Registration year: 2023

Token info

Ticker: NAVI
Type: Utility-token

Navi Protocol Roadmap

1
Q2 2023
  • Launch of liquidity protocol initially supporting SUI, USD stablecoins, wrapped ETH, and wrapped BTC.
  • NAVI token launch.
  • DAO setup and governance functionality are available.
  • Staking available for NAVI tokens into liquidity protocol.
  • Leveraged vault UI launch.
2
Q3~Q4 2023
  • Integration with Sui Foundation's Deepbook to utilize deep liquidity and provide users an optimal trading experience.
3
2024
  • Launch NAVI PRO

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MVP

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