A few days ago, I just talked about the xBTC deposit on OKX Earn that can be used on Sui with a good APY. Today, I saw that Navi has started lending subsidies, with the interest rate directly becoming negative, which means you can make money by borrowing coins. The activity is divided into two parts: one part is fee refund, and the other part is borrowing incentive rewards. ◾️ Fee Refund: 🔸 Eligibility + Time: Users providing xBTC on OKX Earn or NAVI, fee refund for USDC borrowing starts from June 27, and fee refund for SUI borrowing starts from July 7. 🔸 Calculation Method: (Refund is calculated based on the proportion of xBTC in the total supply) Example, user provides $4,000 USDT + $6,000 xBTC (xBTC proportion 60%). Borrowing generates $7,000 in fees, refund $7,000 × 60% = $4,200, issued in NAVX. 🔸 Distribution Method: Refund issued in NAVX tokens ◾️ Incentive Rewards: 🔸 Eligibility + Time: Users providing xBTC on OKX Earn or NAVI and borrowing USDC or SUI on NAVI, USDC borrowing incentive starts from June 27, SUI borrowing incentive starts from July 7. 🔸 Total rewards are limited, distributed hourly, subsidizing the annual borrowing interest rate (APR) until the reward pool is exhausted 🔸 Note: SUI rewards are limited to OKX Earn users, rewards can be claimed on the campaign page (SUI through OKX Earn, NAVX through NAVI) Details can be found here: app.naviprotocol.io/campaign/x...… Suitable for mining players on Sui to try, pay attention to claiming rewards in time, NAVI rewards will be confiscated if not claimed within 30 days after the activity ends.

Can btcfi still dance?

SUI is suitable for mining players to play a game, it is a low-risk arbitrage opportunity, remember to claim the rewards!

Play a wave