According to ChainCatcher news reported by Chainwire, the SUI ecosystem lending and liquid staking service NAVI Protocol has announced the establishment of the NAVI X ecosystem fund, committing to invest 10 million NAVX tokens (valued at 2.88 million USD at current rates) to support the development and innovation of the Sui blockchain's DeFi and Move ecosystem, including providing a range of incentives for developers, such as hackathon prizes, developer grants, and partner rewards.