BTSE will list the NAVI Protocol (NAVX) token on March 21, 2024, making it available for spot trading. Additionally, NAVXI will be listed on BTSE’s wider ecosystem of 10+ white label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade NAVX via the NAVX/USDT and NAVX/USDC trading pairs.
Key Dates
Deposits, trading, and withdrawals will be simultaneously enabled at 4:00 PM (Singapore Time) on March 21, 2024! (Supported network: Sui)
What is NAVI Protocol (NAVX)?
NAVI Protocol (NAVX) offers a modular DeFi infrastructure specifically designed for the Sui blockchain, focusing on lending and liquidity staking DeFi (LSDeFi) services. Its modular nature allows for flexibility and adaptability in the evolving DeFi landscape. Here’s what you need to know about NAVX:
- Backed by Leading Crypto Entities: The project has secured backing from prominent investors in the crypto space, including OKX Ventures, Hashed, DAO5, and Mechanism Capital, indicating strong support and confidence in its potential.
- Innovative Lending and Liquidity Solutions: NAVI Protocol introduces a capital-efficient and dynamic lending interest model, along with robust LSDeFi infrastructure services, aiming to optimize returns for lenders and liquidity providers.
- Open Source and Developer-Friendly: With its smart contracts and SDK made open source, NAVI Protocol encourages transparency and enables developers to build on its platform, potentially leading to a rich ecosystem of DeFi applications and services.
- Native Token NAVX: While specific details about the native token NAVX were not provided, it can be inferred that NAVX likely plays a central role in the protocol’s ecosystem, possibly being used for governance, transactions, fees, and incentivizing participants.
Users can deposit/trade NAVX tokens by searching NAVX on the BTSE website or mobile app.
For more information, visit NAVI Protocol’s official website and whitepaper.
Trade on the go — download the BTSE mobile app (iOS/Android)
Our aim is to create a platform that offers users the most enjoyable trading experience. If you have any feedback, please reach out to us at feedback@btse.com or on X @BTSE_Official.
Note: BTSE Blog contents are intended solely to provide varying insights and perspectives. Unless otherwise noted, they do not represent the views of BTSE and should in no way be treated as investment advice. Markets are volatile, and trading brings rewards and risks. Trade with caution.
