NAVI Protocol is a decentralised, one-stop liquidity protocol built on the Sui blockchain. It allows users to lend and borrow cryptocurrency assets without the need for intermediaries. NAVI Protocol enables participation as liquidity providers or borrowers within the Sui Ecosystem.
NAVI Protocol operates on the Sui blockchain, which utilises the Move programming language. This platform ensures efficient and secure transactions, leveraging smart contracts to manage the lending and borrowing operations. The Sui blockchain is noted for its scalability and speed, facilitating quick transaction processing.
NAVI Protocol can be used for various purposes including lending, borrowing, liquid staking, and yield farming. It aims to integrate real-world assets (RWAs) and has real-world applications in advanced asset management. Key sectors include decentralised finance (DeFi), blockchain finance, and real-world asset tokenization.
NAVI Protocol was founded by Elliscope Fang and Charles Huang, who have notable engineering backgrounds. Significant milestones include the launch of the liquidity protocol, the introduction of advanced features like leveraged vault UI, and strategic partnerships. The protocol has evolved to incorporate advanced DeFi tools and has grown into a pivotal player in the Sui ecosystem's DeFi landscape.