How much is a NAV loan to value?

Can you please clarify what you mean by "NAV loan to value"? In the context of cryptocurrency and finance, NAV typically stands for Net Asset Value, which is a calculation used to determine the value of an investment fund or portfolio by dividing the total value of its assets by the total number of outstanding shares. However, the term "loan to value" is more commonly associated with lending, where it refers to the ratio of the loan amount to the value of the asset being used as collateral. Assuming you're asking about the loan-to-value ratio in the context of a loan secured by cryptocurrency assets, the answer would depend on several factors, including the type of loan, the lender's policies, and the value of the cryptocurrency being used as collateral. Generally speaking, lenders may require a lower loan-to-value ratio for more volatile assets like cryptocurrencies, to mitigate the risk of the asset's value dropping significantly and leaving the lender with insufficient collateral to cover the loan. Therefore, the specific loan-to-value ratio for a NAV loan secured by cryptocurrency would depend on the specific terms of the loan and the lender's risk appetite.