NAVI Protocol (NAVX)

NAVI Protocol (NAVX) is a one-stop liquidity protocol built on Sui. The protocol facilitates the borrowing and lending of top asset classes in the Move ecosystem, providing users with a smooth user experience. Inspired by AAVE, NAVI Protocol offers customization and versatility through a customizable, extensible interest rate curve and flexible asset support enabled by Sui Oracle partners and TWAP oracles. The protocol also integrates DeepBook and AMM for smooth liquidation. With leveraged vaults, users can enjoy low-APR asset borrowing and high farming rewards, leveraging native APY assets such as Liquid Staked Assets and LP tokens.

To ensure enhanced security, NAVI Protocol implements various measures. These include supply limits, debt ceilings, and Oracle security. Supply limits enable the enforcement of caps on how much of a specific asset can serve as collateral, mitigating exposure to its volatility. Debt ceilings restrict total borrowing amounts in collateralized markets, enhancing risk management. NAVI Protocol also partners with Supra Price oracles to provide secure and reliable price feeds for all supported assets, ensuring accurate pricing information and enforcing platform security mechanisms.

NAVI Protocol has a roadmap that includes support for multiple chains, the launch of the NAVX token, community governance, and the introduction of NAVI Pro. The protocol aims to improve user experience continuously. It plans to develop a sub-brand called Volo, a decentralized liquid staking platform that supports the growth of the Sui ecosystem with LSDFi yield strategies. By leveraging the robust liquidity depth of the esteemed Sui Foundation’s DeepBook and offering fortified security and capital efficiency, NAVI Protocol strives to provide users with unparalleled liquidity and trade execution within the secure and performance-driven Move ecosystem.