TechFlow reports, according to official announcements, NAVI Protocol, a DeFi protocol within the Sui ecosystem, has recently added a wBTC liquidity pool with a maximum loan-to-value ratio (LTV) of 40%, a liquidation threshold of 45%, and a supply cap of 30 BTC. Users can now deposit, borrow, and collateralize wBTC, providing Bitcoin holders a new gateway to access DeFi opportunities on the Sui network.
In addition, NAVI has launched a flash event offering reduced borrowing fees for USDC, lowering the fee from 0.2% to 0.1%. The event runs from September 12, 08:00 to September 13, 07:59 Beijing time.
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