Used as a chiral N-heterocyclic carbene (NHC) precursor in asymmetric catalysis. It plays a key role in enantioselective transformations, particularly in transition-metal-catalyzed reactions such as asymmetric cross-couplings, hydrogenations, and cyclizations. The bulky naphthyl groups enhance stereoselectivity by creating a well-defined chiral environment around the metal center. Commonly employed in the synthesis of pharmaceuticals and fine chemicals where high enantiomeric purity is required. Also utilized in organocatalytic processes and as a ligand scaffold in the development of new catalytic systems.