Hackathon Bounty: Leverage NAVI Protocol in LSDefi

Introduction:

The decentralized finance (DeFi) landscape is rapidly evolving, with innovative protocols and solutions emerging daily. One of the recent advancements is the NAVI Protocol, a groundbreaking lending and borrowing service built on the Sui ecosystem. We are thrilled to invite developers to explore ways in which the NAVI Protocol can be leveraged within the LSDefi framework.

Bounty Description:

The objective of this bounty is to seamlessly integrate and leverage the NAVI Protocol's capabilities into the LSDefi ecosystem. NAVI offers lending/borrowing SDKs among the bluechip assets on SUI like USDT, USDC, Sui, wEth and wBTC. We're particularly interested in solutions that enhance DeFi offerings, streamline user experiences, and create new opportunities for financial activities within LSDefi using the NAVI Protocol.

Key Tasks:

• Integration:
  • Create LSDefi by integrate NAVI Protocol’s lending/borrowing features.
  • Ensure transactional security, efficiency, and low latency.
• Usability:
  • Design user-friendly interfaces that promote easy lending and borrowing within LSDefi through the NAVI Protocol.
  • Incorporate step-by-step guides, FAQs, and tooltips.
• Innovative Features:
  • Develop features that exploit NAVI's capabilities to introduce novel financial tools or services within the LSDefi ecosystem. The minimum requirement is to integrate NAVI’s protocol’s lending and borrowing smart contract
  • Consider areas such as flash loans, yield farming, and staking.
• Test & Deployment:
  • Conduct rigorous testing, including but not limited to security audits, performance tests, and user acceptance tests.
  • Provide a live demonstration on a testnet before final deployment.

Submission Requirements:

• A working prototype with a repository link on GitHub or similar platform.
  • A detailed documentation explaining:
  • The approach taken.
  • Challenges faced.
  • Solutions implemented.
  • Future recommendations.
• A 5-10 minutes video demonstration of the integrated solution.
• All code must be open-source and adhere to best coding practices.
• LSDefi deployed and live on mainnet leveraging NAVI SDK and smart contract. The protocol stays on mainnet and continue to operate upon grant is redeemed.

Judging Criteria:

• Innovation: How well does the solution leverage NAVI's capabilities to provide unique offerings within LSDefi?
• Usability: How intuitive, efficient, and user-friendly is the developed solution?
• Security: Has the integration been done securely, with all necessary precautions and audits?
• Scalability: Can the solution handle increased user numbers and activities efficiently?