Navi Protocol, a prominent DeFi platform within the Sui ecosystem, has announced the launch of an Ethereum (ETH) lending pool via the Sui bridge, in collaboration with Formula X. This move marks a significant step for Navi Protocol, enabling users to borrow ETH by using their Sui assets as collateral. The maximum loan-to-value ratio (LTV) is set at 75%, while the liquidation threshold is 80%. The maximum loan limit has been capped at 2,000 ETH. This integration with the Sui bridge enhances the accessibility of ETH lending and borrowing services within the Sui ecosystem. By leveraging the Sui bridge, users can seamlessly transfer their Sui assets to Ethereum and participate in the ETH lending pool.

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