NAVI Protocol (NAVX) is a decentralized liquidity protocol built on the Sui blockchain. It offers a comprehensive and accessible solution for navigating the complex world of DeFi. The protocol provides users with the opportunity to participate as liquidity providers or borrowers in a straightforward manner.

To begin, users need an SUI-compatible wallet. Once connected, they can explore available lending markets and choose assets to supply. By depositing assets into NAVI's liquidity pools, users start earning interest, which is subject to change based on market conditions and borrow rates. There are no minimum or maximum limits for deposits, but users should consider transaction costs versus expected earnings, especially for smaller deposits.

NAVI's overcollateralized lending/borrowing feature allows users to supply assets as collateral and borrow other types of assets. Before borrowing, users must deposit sufficient assets as collateral. The maximum loan value depends on the deposited assets and the health factor. Repaying the loan involves entering the repayment amount and confirming the transaction.

In the event of a borrower's health factor falling below 1 due to insufficient collateral, liquidation occurs. NAVI implements risk parameters such as Liquidation Threshold and Liquidation Penalty/Bonus to safeguard solvency. Users can avoid liquidation by repaying the loan or depositing more assets to increase their health factor.

NAVI collaborates with a notification service to help users stay informed about changes in their health factors. By setting up notifications through Email, Telegram, or Discord, users receive alerts regarding their health factor dynamics.

NAVX, the native token of the NAVI protocol, is listed on various exchanges such as Bitget and BTSE. It can be traded via spot trading pairs like NAVX/USDT and NAVX/USDC. Users can deposit, trade, and withdraw NAVX tokens on these platforms.

NAVX holders enjoy a range of advantages, including fee discounts, liquidity incentives, staking rewards, and voting rights. This utility and governance token plays a central role in the protocol's ecosystem, incentivizing participants and facilitating governance decisions.

Overall, NAVI Protocol simplifies access to essential DeFi infrastructure, providing a user-friendly platform with innovative features and robust security measures.

To store NAVI Protocol (NAVX) tokens safely, it is recommended to use a cold wallet, which is a wallet that is completely offline. This method ensures the highest level of security for your tokens.

To buy NAVI Protocol (NAVX) tokens, follow these steps:

1. Choose a Crypto Exchange: Select a reputable cryptocurrency exchange that supports NAVI Protocol trading and operates in your country. Popular options include KuCoin, CoinEx, gate.io, MEXC, and HTX. Consider factors such as fees, security, and user reviews when making your choice.

2. Create an Account: Register on the exchange's website or mobile app, providing personal information and identity verification documents as required.

3. Fund Your Account: Transfer funds to your exchange account using supported payment methods like bank transfer, credit card, or debit card.

4. Navigate to the NAVI Protocol Market: Once your account is funded, search for "NAVI Protocol" (NAVX) in the exchange's marketplace.

5. Choose a Transaction Amount: Enter the desired amount of NAVI Protocol you wish to purchase.

6. Confirm Purchase: Preview the transaction details and confirm your purchase by clicking the "Buy NAVX" or equivalent button.

7. Complete Transaction: Your NAVI Protocol purchase will be processed and deposited into your exchange wallet within minutes.

8. Transfer to a Hardware Wallet: For security reasons, it is recommended to transfer your NAVI Protocol tokens to a hardware wallet like Ledger or Trezor.

By following these steps, you can securely purchase NAVI Protocol tokens on a reputable exchange.