The NAVI team has partnered with Bybit to list the NAVX token, starting October 7, 2024. To celebrate, NAVI and Bybit are launching an exclusive 2.5M NAVX Launchpool ($400k rewards) alongside bonus events for depositors and traders.
Event Overview & Key Dates
- Listing Starts: Oct 7, 2024, 10AM UTC
- Launchpool Duration: Oct 7–14, 2024
- Token Splash Bonus: 200K NAVX for new users (Oct 7–22, 2024).
How to Participate in the NAVX Launchpool
- Bybit Account: Must be registered and KYC-verified.
- Deposit Assets: Stake NAVX, SUI, or USDC in dedicated pools:
| Pool | Reward Pool | Min Stake | Max Stake |
|------------|----------------|-----------------|-----------------|
| NAVX | 500,000 NAVX | 1,000 NAVX | 100,000 NAVX |
| SUI | 750,000 NAVX | 70 SUI | 3,000 SUI |
| USDC | 1,250,000 NAVX | 100 USDC | 2,000 USDC |
- VIP Users: Access additional APR boosts.
NAVX Listing Timeline on Bybit
- Deposits Open: Oct 7, 6AM UTC
- Trading Starts: Oct 7, 10AM UTC
- Withdrawals Open: Oct 8, 10AM UTC
Maximize Yields with NAVI Protocol Strategies
Leverage NAVI’s lending/borrowing to optimize capital efficiency for Bybit’s Launchpool:
For USDT Holders
- Supply USDT on NAVI (~8% APY).
- Borrow SUI (~5%) or USDC (~0.5%).
- Stake borrowed assets in Bybit’s pools.
For vSUI Holders
- Supply vSUI on NAVI (~4.5% APY).
- Borrow SUI/USDC (low rates).
- Stake on Bybit.
👉 Explore NAVI’s lending strategies
FAQ Section
❓ How do I qualify for the Token Splash rewards?
New users depositing/trading NAVX on Bybit between Oct 7–22, 2024 receive 200K NAVX bonus.
❓ Can I withdraw NAVX immediately after listing?
Withdrawals open Oct 8, 10AM UTC (24 hours post-listing).
❓ What’s the minimum stake for the USDC pool?
100 USDC (max 2,000 USDC).
Why This Listing Matters
The Bybit integration boosts NAVX’s liquidity and visibility, attracting new users to NAVI’s Sui-based DeFi ecosystem.
Stay tuned for NAVI’s October updates—more partnerships and features are underway!
The One-Stop Liquidity Protocol on Sui 💧
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