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