Navcoin's network is secured by a Proof of Stake (PoS) consensus mechanism, which greatly improves the energy requirements compared with POW, thus reducing the environmental impact.
Navcoin is a community-based project with DAO governance, through which stakers can vote on protocol administration and consensus changes, make consultations, or vote on proposals submitted to the Community Fund.
The protocol has a self-funded Community Fund, to ensure that contributors and projects can be compensated and funded by the network.
The protocol has a fixed reward of 2.5 NAV per block, with block times of 30 seconds. Of each reward, 2 NAV are for the staker, and 0.5 NAV are held in a decentralized treasury, the Community Fund.