Introducing NAVI’s Sui DeFi Strats w/
@moledefi
Navigators, we’re excited to kick off a new weekly segment that will provide the community with optimal DeFi strategies to improve your yields on the
@SuiNetwork
Every Friday we'll share new strategies that take advantage of the asset composability across Sui DeFi.
🏆 It's also an opportunity to win some NAVX! Check the bottom of the post on how to participate.
This week, we explore the synergy between NAVI and
@moledefi, a protocol that provides leveraged yield farms.
As always DYOR and let’s get started!
1️⃣ Visit
app.naviprotocol.io & supply USDC or USDT on NAVI Protocol for ~20% APY.
🗒 If you don’t have assets on the Sui network yet, check our onboarding guide here:
bit.ly/3PYiNuC
2️⃣ Borrow SUI and NAVX using your recently deposited assets as collateral. (~15% interest combining both assets)
3️⃣ Visit
app.mole.fi/farm to access the Farm section of the Mole dApp.
4️⃣ Scroll to find the SUI-NAVX Farming pool and click on “Farm”
5️⃣ Provide SUI and NAVX tokens to the farming pool to benefit over 540% APR on your borrowed assets.
For more information on Mole’s leveraged farms, check out their documentation here:
bit.ly/44plPPs.
⚠️Ensure you understand the risks of using high-leverage farms before proceeding with your strategy.
✨ And finally, our 1000 NAVX CONTEST ✨
👉 Do you have an optimal strategy you wish to share?
10x users that come up with an original 150%+ APR strategy in the comments will each win 100 NAVX.
Get cracking! 🧨