According to TechFlow, on October 14, Sui Ecosystem DeFi protocol NAVI Protocol announced the completion of the upgrade of wUSDC → USDC migration technology, which aims to bring users a seamless migration experience to native USDC, greatly reducing slippage while minimizing the impact on user lending positions. At the same time, the USDC pool will provide assets in the next 8 hours, and participants can get up to 35%+ APY income opportunities.

In addition, Sui Bridge LP’s bridged ETH is also online on the NAVI Protocol. Starting from October 14, 2024, new liquidity pools bridged by Sui Bridge to ETH will be available for lending. This move aims to greatly enhance the interoperability between Sui and Ethereum, bringing users a stronger asset framework and security, as well as faster transactions and lower costs. Low fees.