NAVI Protocol Launches 10 Million NAVX Tokens Fund for SUI DeFi Ecosystem

Lorenzo Rossi
1 min read

NAVI Protocol has initiated the NAVI X Ecosystem Fund, a community-centric effort committing 10 million NAVX tokens to support the growth and innovation of the SUI blockchain's DeFi and Move-based ecosystem. This ambitious initiative involves key stakeholders from the DeFi space, aiming to provide developers with financial, strategic, and networking resources essential for deploying innovative projects on the SUI blockchain. The fund's activities will include direct funding, deepening liquidity, enhancing financial stability, and supporting the development of secure and resilient DeFi applications. Furthermore, it will encourage the exploration of new use cases and technologies on the SUI blockchain, thereby attracting leading development teams through targeted grants and incentives.

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