NAVI Protocol announces the launch of the automatic migration function from wUSDC to USDC

BlockBeatNews

2024-10-11 08:55:19

SUI6,63%

BlockBeats news, on October 11th, Sui ecosystem one-stop Liquidityprotocol NAVI Protocol announced the launch of migration function, using DeepBook technology to allow users to automatically migrate loan/borrowing positions from wUSDC to USDC, and encapsulate existing USDC with minimal Slippage, and benefit from the increased yield of the new LP. The function sets everything to run automatically, so users do not need to search for the best migration method throughout the ecosystem. This migration will enhance the asset utility and security of the Sui ecosystem, benefiting every USDC holder on Sui, as well as the entire Decentralized Finance ecosystem of the SUI network.

View Original

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Comment

0/400

No comments