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📢 NAVI Protocol, part of the Sui ecosystem lending protocol, announced that it will start the next migration phase on July 22.
As part of a dedicated isolated market migration plan, the liquidation thresholds for affected deprecated assets (xAUM, CETUS, HAEDAL, NS, BLUE, and IKA) will be reduced by 15%. Users holding these assets should take note and adjust their positions in advance to avoid unnecessary liquidation risk caused by the lowered liquidation thresholds.
After the migration is complete, NAVI Protocol will enter a more efficient market structure, improving the protocol’s overall security and capital efficiency—let’s wait and see.
🔗Original link: https://x.com/navi_protocol/status/2077638577077534842
#NAVI #Sui #DeFi
As part of a dedicated isolated market migration plan, the liquidation thresholds for affected deprecated assets (xAUM, CETUS, HAEDAL, NS, BLUE, and IKA) will be reduced by 15%. Users holding these assets should take note and adjust their positions in advance to avoid unnecessary liquidation risk caused by the lowered liquidation thresholds.
After the migration is complete, NAVI Protocol will enter a more efficient market structure, improving the protocol’s overall security and capital efficiency—let’s wait and see.
🔗Original link: https://x.com/navi_protocol/status/2077638577077534842
#NAVI #Sui #DeFi
The Sui ecosystem lending protocol, NAVI Protocol, will begin the next phase of migration on July 22.
This migration is an important step for the project toward moving to a dedicated isolated market. Affected deprecated assets include xAUM, CETUS, HAEDAL, NS, BLUE, and IKA. Please note that the liquidation threshold for these assets will be reduced by 15%. Users holding positions should prepare for risk in advance to avoid unnecessary liquidations.
There is some time before the migration. Affected users should keep an eye on the project’s official updates, adjust their positions early, and manage your asset risks.
🔗 Original link: https://x.com/navi_protocol/status/2077638577077534842
#NAVI #Sui #DeFi
This migration is an important step for the project toward moving to a dedicated isolated market. Affected deprecated assets include xAUM, CETUS, HAEDAL, NS, BLUE, and IKA. Please note that the liquidation threshold for these assets will be reduced by 15%. Users holding positions should prepare for risk in advance to avoid unnecessary liquidations.
There is some time before the migration. Affected users should keep an eye on the project’s official updates, adjust their positions early, and manage your asset risks.
🔗 Original link: https://x.com/navi_protocol/status/2077638577077534842
#NAVI #Sui #DeFi
The Sui ecosystem lending protocol NAVI Protocol has just officially announced that on July 22 it will begin the next phase of migration work.
This migration is an important step for the project to move into a dedicated isolated market. As part of the migration plan, the affected deprecated assets include xAUM, CETUS, HAEDAL, NS, BLUE, and IKA, and the liquidation threshold for these assets will be reduced by 15%.
For users holding the above assets, please be sure to watch for liquidation risk, manage your positions in advance, and avoid unnecessary losses. After the migration is complete, NAVI Protocol’s market architecture will be clearer, and it will also help improve the protocol’s overall security and efficiency.
Be sure to keep an eye on subsequent developments and adjust your position strategy in a timely manner!
#NAVI #Sui #DeFi
This migration is an important step for the project to move into a dedicated isolated market. As part of the migration plan, the affected deprecated assets include xAUM, CETUS, HAEDAL, NS, BLUE, and IKA, and the liquidation threshold for these assets will be reduced by 15%.
For users holding the above assets, please be sure to watch for liquidation risk, manage your positions in advance, and avoid unnecessary losses. After the migration is complete, NAVI Protocol’s market architecture will be clearer, and it will also help improve the protocol’s overall security and efficiency.
Be sure to keep an eye on subsequent developments and adjust your position strategy in a timely manner!
#NAVI #Sui #DeFi
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