NAVI, a premier one-stop liquidity protocol built to offer users seamless participation as liquidity providers or borrowers on Sui, is set to transform the Defi ecosystem with the launch of its NAVI Pro.
Launched in August 2023, NAVI boasts a growing ecosystem of more than 900 thousand users. While the protocol is set for further advancements, it has achieved over $200 million in TVL and $5 billion in borrow volume.
The NAVI team is introducing NAVI Pro to the Sui ecosystem following their commitment to significantly improving user experience. Since the inception of the NAVI protocol, the team has been hellbent on optimizing the lending and borrowing experience offered on its protocol and catering to beginners and seasoned DeFi users.
Optimizing Users’ Experience With NAVI Pro
Following its design, NAVI Pro promises to enhance the protocol, providing users with a better and improved user experience.
Some new features proposed by NAVI Pro include an improved user interface (UI), access to advanced DeFi strategies, enhanced liquidity management, community-building tools, facilitated developer onboarding, and much more.
Notably, this new development has seen NAVI protocol disclose the rebranding of its website, which aims to ensure clarity, legibility, and accessibility while featuring live analytics of NAVI’s performance over time.
Per the new development, the redesigned website for NAVI protocol now has a landing page featuring a sophisticated design and separate sections for major milestones, partnerships, exchange listings, and media coverage.
In addition, new pages have been added to the website to support builders on the Sui network. This includes a NAVI Developers Onboarding page that offers tools and information for hackathons and dev initiatives.
Notably, the NAVI Ecosystem Fund page details 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.
The launch of the NAVI pro also saw the team upgrade the protocol’s dashboard to make the user experience more streamlined and comprehensive. This dashboard allows users to find their positions’ Supply/Borrow details section and directly interact with the pools to supply and withdraw assets or borrow and repay borrowed assets.
Another notable feature of the new development is NAVI Pro’s Liquidation Forecast. This new feature allows Sui network users to efficiently assess the health of their positions. This tool provides crucial insights into health factors, safety borrows, and liquidation levels, along with a comprehensive price table for all supported assets.
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