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Navi Pro Launch – A New Generation of Liquidity Management on SUI

Bitcoinist
by Bitcoinist
Last Updated: August 2, 2024 5:53 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

About NAVI Protocol

NAVI is the pioneering Native One-Stop Liquidity Protocol on Sui, offering users the opportunity to participate as liquidity providers or borrowers within the Sui ecosystem. Since its launch in August 2023, NAVI has achieved significant milestones, including:

  • $200M+ Total Value Locked (TVL)
  • 900,000+ Users
  • $5B in Borrow Volume

Introducing NAVI Pro

NAVI Pro marks a major evolution in liquidity management on the NAVI Protocol, introducing groundbreaking features that enhance the DeFi experience on Sui. Over the past year, the NAVI team has focused on optimizing the lending and borrowing experience, catering to both beginners and seasoned DeFi users. This has been achieved through a series of smart contract and UI upgrades, significantly improving user experience over time.

In addition to these enhancements, the NAVI protocol team has gathered valuable community feedback to shape the development of NAVI Pro. This new iteration of the lending and borrowing protocol includes:

  • 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, which is now live at naviprotocol.io. This update emphasizes clarity, legibility, and accessibility, featuring live analytics of NAVI’s performance over time.

The NAVI development team enhanced the accessibility and user experience of their entire product, starting with a comprehensive overhaul of the NAVI Protocol website. The landing page now features a sophisticated design and separate sections for major milestones, partnerships, exchange listings, and media coverage.

Additionally, new pages focus on supporting builders on the Sui network, including a NAVI Developers Onboarding page that offers tools and information for hackathons and dev initiatives. The NAVI Ecosystem Fund page provides details on how developers can apply for grants from the 10M NAVX pool to build with NAVI, Volo, NAVX, and vSUI.

The Ecosystem Fund is open to the public for 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’s Liquidation Forecast is a powerful new feature that allows Sui network users to efficiently assess the health of their positions. This tool provides crucial insights into account health factors, safety borrows, and liquidation levels, along with a comprehensive price table for all supported assets.

About NAVI Protocol:

NAVI Protocol is the premier liquidity protocol in the Sui Ecosystem, offering seamless participation as liquidity providers or borrowers. Since its launch in August 2023, NAVI has been at the forefront of the DeFi space on Sui, continually innovating to meet the needs of its growing user base.

For more information, visit  NAVI Protocol.

Contact:

Company Name:  NAVI PROTOCOL LABS INC.

Contact Person: Ivan Djordjevic

Email: team@naviprotocol.io

Website:https://naviprotocol.io/

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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