Weekly Interest Rate Roundup: Nov 22 - Nov 29

Weekly Interest Rate Roundup: Nov 22 - Nov 29

I have two things to talk about this week - the CeFi lending apocalypse and surging ETH rates on Notional. We'll start with CeFi. The death of the CeFi lender A few weeks ago around the time of the FTX revelations I said in this newsletter that there was a

Teddy Woodward
Teddy Woodward
Leveraged Vaults are Live in Beta

Leveraged Vaults are Live in Beta

We are excited to announce that leveraged vaults are now live in public beta! Deposit your ETH and create your first leveraged vault position here.Find user tutorials here.Leveraged vaults are a huge step forward for Notional and for all of DeFi lending. Leveraged vaults increase capital efficiency and

Teddy Woodward
Teddy Woodward
Notional Fixed Rate Update πŸ—“οΈ  October 2022

Notional Fixed Rate Update πŸ—“οΈ October 2022

*Leveraged Vaults beta starts this week* Welcome to the latest edition of the Notional Monthly Update! Β Follow the latest news on Twitter or join the Notional community on Discord. β€Œβ€Œβ€Œβ€Œ πŸ—’ Summary Notes β€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œ -wstETH/ETH Leveraged Vault Beta Begins! -LP Opportunity With SpoolFi β€Œ-Read: Q3 Notional Treasury Report -Leveraged Vaults Audit Results:

Kyle Long
Kyle Long
Monthly Updates
Notional Finance Quarterly Report: Q3 2022

Notional Finance Quarterly Report: Q3 2022

Q3 2022 was another challenging quarter for crypto markets, but Notional put in a strong showing despite the pessimistic backdrop. The protocol processed $84M in loan volume over the quarter and generated $172k in revenue while keeping TVL roughly flat at $82M. These figures are down from Q2, but reflect

Kyle Long
Kyle Long
Notional Fixed Rate Update πŸ—“οΈ  September 2022

Notional Fixed Rate Update πŸ—“οΈ September 2022

*Phuture<>Notional Savings Vaults are almost here* Welcome to the latest edition of the Notional Monthly Update! Β Follow the latest news on Twitter or join the Notional community on Discord. β€Œβ€Œβ€Œβ€Œ πŸ—’ Summary Notes β€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œ-Phuture USDC Savings Vaults Launch -Two Leveraged Vault Strategies Incoming! β€Œ-Read: ImmuneFi Payout Post-mortem -Audits: 100k

Kyle Long
Kyle Long
Monthly Updates
nToken Redemption Bug Post Mortem

nToken Redemption Bug Post Mortem

On Sept 2, 2022 8:09 PM, we received a critical bug report via Immunefi regarding a potential flash loan attack vector against Notional. Within two hours of the report we had identified the issue and disabled the affected feature. We believe that approximately $5000 total of DAI and USDC

Jeff Wu
Jeff Wu
Introducing Leveraged Vaults

Introducing Leveraged Vaults

After many months of work, we’re excited to formally announce the next leap forward for Notional and for all of DeFi lending - leveraged vaults. Leveraged vaults allow users to borrow cash at a fixed rate from Notional and deposit it into a whitelisted smart contract executing a specific

Teddy Woodward
Teddy Woodward
Notional Fixed Rate Update πŸ—“οΈ  August 2022

Notional Fixed Rate Update πŸ—“οΈ August 2022

*Leveraged Vaults are almost here!* Welcome to the latest edition of the Notional Monthly Update! Β Follow the latest news on Twitter or join the Notional community on Discord. β€Œβ€Œβ€Œβ€Œ πŸ—’ Summary Notes β€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œβ€Œ β€Œβ€Œβ€Œβ€Œ- Notional's Upcoming Release: Leveraged Vaults -Website Refresh and Relaunch β€Œ-Harvest Finance Integration now Live β€Œ-ETH Merge Info & Trades

Kyle Long
Kyle Long
Monthly Updates