Overview
What Is NAVI?
NAVI is the inaugural liquidity protocol on Sui. It enables users to participate as liquidity providers or borrowers within the Sui Ecosystem and provides a one-stop shop for all kinds of DeFi activities through its exhaustive ecosystem of apps.
NAVI Provides an ecosystem of DeFi applications including Lending/Borrowing with NAVI Protocol, decentralized trading and Cross-chain swaps with Astros, and SUI Liquid Staking with Volo.
On NAVI, 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 has become a key player in the rapidly evolving Sui Ecosystem.
The protocol's innovative features, such as Flash Loans, Automatic Leverage Vaults, LST Strategies 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 relying on the simplicity and security offered by the Move programming language.
Key Offerings:
Money Market diversity - 20+ Liquidity pools across BTCFi, Sui DeFi and native Stablecoins
Earn interest on supplied liquidity
Borrow at optimal interest rates
Deep liquidity that enables diverse DeFi yield Strategies.
Advanced capital management dashboard
One-click claim & compounding feature
One-click Stablecoin position migration
Why NAVI?
NAVI provides a decentralized liquidity protocol that enables users to lend and borrow cryptocurrency assets directly, bypassing intermediaries through a shared liquidity pool system.
For each supported asset, NAVI establishes dedicated liquidity pools where users can deposit their assets, each one with their separate parameters.
The amount available for borrowing is determined by a collateralization ratio, which adjusts dynamically according to supply and demand. For a deeper dive into the details, check out the Developers Docs.
NAVX token
NAVI features a governance system empowering NAVX token holders to participate in decision-making by voting on proposals and protocol updates. This includes decisions like setting interest rates, introducing new assets to the platform, and adjusting the collateralization ratio.
For a comprehensive breakdown of tokenomics, take a look at the NAVX Tokenomics page.
Glossary
If you are unsure about any specific terms feel free to check the Glossary.
Overall, Navi's architecture provides a decentralized and efficient way for users to lend and borrow assets, without the need for traditional financial intermediaries.
In the following pages, we'll go in-depth into how the NAVI liquidity protocol works in all its aspects, from high-level mechanics to granular risk management features we've implemented
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