NAVI Protocol (NAVX)

Tokenomics & Utility

Supply and distribution

NAVX is a token on Sui with a stated maximum supply of one billion tokens. The project’s published allocation assigned 45.8% to ecosystem incentives and airdrops, 20% to the team, 16% to investors and advisers, and 10% to the treasury. The remaining portions were assigned to liquidity provision, marketing, and the initial public offering. These allocations describe how the total supply was set aside for different purposes, rather than how many tokens any group holds at a given moment. (medium.com)

NAVX gives holders a way to take part in decisions about the platform. The project describes governance topics such as adding collateral assets, selecting isolated-market candidates, choosing incentivized pools, and approving major updates. The token also serves as an incentive in selected lending activities: eligible users can receive NAVX rewards in addition to the interest associated with a pool. (medium.com)

NAVI’s token plan also describes dynamic liquidity provision, or dLP. Under this model, users provide liquidity for NAVX pairs on a decentralized exchange and lock the resulting liquidity-provider tokens. The published design links eligible dLP positions to added NAVX incentives, a share of certain protocol fees, and greater governance weight. NAVI’s technical documentation also outlines a vote-escrow model in which locked tokens could guide how incentives are assigned to pools. Together, these designs connect token participation with liquidity and governance, rather than treating NAVX only as a payment for using the app. (medium.com)