Description
Notional Finance is a decentralized protocol on Ethereum that facilitates fixed-rate and fixed-term borrowing and lending of crypto assets, providing users with stability in earning and paying interest. By leveraging liquidity pools, it ensures a balance between supply and demand, allowing participants to lock in rates and hedge against market volatility. The platform supports lending and borrowing for USDC and DAI for up to one year, and ETH and WBTC for up to six months. Notional's unique Automated Market Maker (AMM) with dynamic curve sensitivity enables DeFi traders to secure borrowing costs and explore arbitrage opportunities. The V2 upgrade introduced nTokens (ERC20) for seamless debt management. With $10 million raised in a Series A funding round from venture capitals like Coinbase Ventures, and the launch of the NOTE governance token, Notional is positioned as a foundational service in the DeFi space for both individual and institutional investors.
Notional Finance is a decentralized protocol on Ethereum that facilitates fixed-rate and fixed-term borrowing and lending of crypto assets, providing users with stability in earning and paying interest. By leveraging liquidity pools, it ensures a balance between supply and demand, allowing participants to lock in rates and hedge against market volatility. The platform supports lending and borrowing for USDC and DAI for up to one year, and ETH and WBTC for up to six months. Notional's unique Automated Market Maker (AMM) with dynamic curve sensitivity enables DeFi traders to secure borrowing costs and explore arbitrage opportunities. The V2 upgrade introduced nTokens (ERC20) for seamless debt management. With $10 million raised in a Series A funding round from venture capitals like Coinbase Ventures, and the launch of the NOTE governance token, Notional is positioned as a foundational service in the DeFi space for both individual and institutional investors.
