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.
Bluechip Pool & LP-based Pool
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. More in-depth information can be found in Developers Docs.
Navi has a governance system that allows Navi token holders to vote on proposals and changes to the protocol. This includes setting interest rates, adding new assets to the protocol, and changing the collateralization ratio.
Check out the NAVI token page for an detailed overview of Tokenomics.
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
If you still have any questions or issues, feel free to reach the Navi team over the live chat within the app or in the discord or telegram channel