Teddy Woodward

Teddy Woodward

Co-Founder and CEO

Weekly Interest Rate Roundup: Sep 20 - Sep 27

Weekly Interest Rate Roundup: Sep 20 - Sep 27

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)The merge has come and gone, and it's left the crypto community struggling to come up with a new narrative. Where do we go from here? What's next for DeFi rates? On Ethereum L1, probably not much. I

Teddy Woodward
Teddy Woodward
Weekly Interest Rate Roundup: Sep 6 - Sep 13

Weekly Interest Rate Roundup: Sep 6 - Sep 13

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)The merge is upon us. In just about 30 hours from now, Ethereum will be a proof-of-stake blockchain. For the most part, it looks like merge positions are set. Despite their attempts to keep utilization down by pausing

Teddy Woodward
Teddy Woodward
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
Weekly Interest Rate Roundup: Aug 30 - Sep 6

Weekly Interest Rate Roundup: Aug 30 - Sep 6

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)The Bellatrix fork is behind us and we’re now less than 10 days away from the merge. It’s all anyone is talking about in crypto circles these days - in particular, how to make money off

Teddy Woodward
Teddy Woodward
Weekly Interest Rate Roundup: Aug 23 - Aug 30

Weekly Interest Rate Roundup: Aug 23 - Aug 30

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Another week of low, low interest rates. But for the first time in months, that might actually be interesting. This week, it might mean that Compound and Aave are losing their core use case. For a long time,

Teddy Woodward
Teddy Woodward
Weekly Interest Rate Roundup: Aug 9 - Aug 16

Weekly Interest Rate Roundup: Aug 9 - Aug 16

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)The focus of activity in DeFi rates markets, and in crypto in general, over the past few weeks is the upcoming Ethereum merge. ETH bulls are parading around infographics showing how much money ETH stakers are going to

Teddy Woodward
Teddy Woodward
Weekly Interest Rate Roundup: Aug 2 - Aug 9

Weekly Interest Rate Roundup: Aug 2 - Aug 9

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Drama has returned to DeFi. Yesterday, the US Treasury sanctioned Tornado Cash and Circle (the issuer behind USDC) added the sanctioned assets to its blacklist and froze their assets. The Treasury's actions set an alarming and dangerous precedent,

Teddy Woodward
Teddy Woodward
Weekly Interest Rate Roundup: July 26 - Aug 2

Weekly Interest Rate Roundup: July 26 - Aug 2

COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Rates ticked slightly higher this week for the first time in a long time. Compound's USDC supply rate moved up 23 bps. This is likely due to the current bullish market narrative regarding the upcoming ETH merge and

Teddy Woodward
Teddy Woodward