[PRESS RELEASE – New York, United States, April 2nd, 2024] NAVI Protocol has announced the creation of the NAVI X Ecosystem Fund, committing 10M NAVX tokens to support the growth and innovation of the Sui blockchain’s DeFi and Move-based ecosystem. This initiative aims to provide vital resources for projects at different stages of development, with a focus on enhancing the Sui blockchain’s functionality and user base.
The fund is a collaborative effort involving key stakeholders from the DeFi space, designed to equip developers with financial, strategic, and networking resources necessary for the development and scaling of innovative projects on the Sui blockchain.
Recognizing the importance of development support, NAVI Protocol’s NAVI X Ecosystem Fund aims to foster a nurturing environment for developers. This involves financial backing and also advisory services, industry connections, and marketing support to ensure the sustainable growth of projects within the Sui ecosystem.

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