NAVI Protocol will start the next migration phase on July 22.
Foresight News reports that the Sui ecosystem lending protocol NAVI Protocol will begin its next migration phase on July 22. As part of the migration to a dedicated isolated market, the liquidation threshold for affected deprecated assets (xAUM, CETUS, HAEDAL, NS, BLUE, and IKA) will be reduced by 15%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Iran’s IRGC claims attack on Togolese oil tanker for 'illegal transit' in Strait of Hormuz
RBA's Bullock: At August board meeting, risks to outlook were skewed to the upside
Lucid (LCID.US) stock price surged over 12%! CEO announces completion of restructuring advisor collaboration, roadmap to profitability emerges
The CEO of Lucid Group Inc. stated that the electric vehicle manufacturer has completed its collaboration with a restructuring advisory team, indicating that the troubled company now has a clearer path to turn around its operations.
Gundlach Warns Next Recession Could Trigger Treasury Debt Crisis
