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NAVI (NAVX) Price

NAVI#541
Sui
DeFi
AMM
Liquid (Re)Staking
00.00%USD
*Data is for reference only
Circulating Market Cap (USD)--
Total Market Cap (USD)--
Circulating Supply816.16M
Issue Date2024-02-07
24H Volume (USD)--
Total Supply1.00B

NAVX Info

1.Project introduction

NAVI Protocol (NAVX) is a DeFi platform on the Sui blockchain, focusing on secure, efficient, customizable lending and liquid staking derivatives (LSDeFi). It features flexible interest rate curves, oracle integrations, and automated leverage vaults, enabling users to lend, borrow, and maximize yields on digital assets. NAVI mitigates systemic risks through isolated modes and protocol-governed asset listings. Launched to fill the gap for robust and scalable DeFi infrastructure in the Sui ecosystem, NAVI leverages advanced smart contracts and decentralized governance, aiming at transparency, user-centricity, and composability.

2.Team introduction

Charles - Co-founder

https://x.com/charlesdotxyz

Elliscope F. - Co-founder

https://x.com/elliscopef

3.Investment institution

PhillipCapital, NDX Finserve, Aarpee Group, Ambit Finvest, Grey Grass India Pvt Ltd, Ravi Dyewear, Siddharth Colorchem, Nahar Capital

4.Token application and distribution

Token application

The NAVX token powers staking for yield and fee rewards, protocol governance participation, transaction fee payments, and acts as collateral for borrowing. Users staking NAVX receive rewards proportional to their stake and can participate in proposals and platform updates, ensuring decentralized, community-driven development.

Token distribution

ECOSYSTEM & AIRDROP: 45.80%

TEAM: 20.00%

INVESTORS / ADVISORS: 16.00%

TREASURY: 10.00%

LIQUIDITY PROVISION: 4.00%

MARKETING: 3.00%

PUBLIC SALE (IDO): 1.20%

FAQ

AIAI Research

NAVX Faces Macro Uncertainty Amidst Stagnant Consolidation

AMM
APY0%

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