Notional Monthly Update 🗓️ March 2022
Welcome to the latest edition of the Notional Monthly Update! You can also follow the latest news on Twitter [https://www.twitter.com/notionalfinance] or join the Notional community on Discord [https://discord.notional.finance/]. -------------------------------------------------------------------------------- 🗒 Summary Notes -Notional V2.1 Upgrade Features -New Bounty Launched -$FIXED DAI from
Weekly Interest Rate Roundup: Mar 22 - Mar 29
It was a huge week for DeFi. On March 26th, Compound executed a proposal that cut COMP incentives by 50%, effective immediately.
Weekly Interest Rate Roundup: Mar 15 - Mar 22
Not much changed this week. The DAI and USDC positions on Compound and Aave have stayed pretty stable, and that's kept the supply rates more or less unchanged.
Weekly Interest Rate Roundup: Mar 8 - 15
Rates haven't moved much this week. The recursive lending rates have risen off of recent lows and Notional's fixed rates continue to decrease and converge toward the variable rates.
Introducing NOTE Staking
Today we are excited to announce the next step forward in the evolution of the Notional protocol: The NOTE staking module.
Weekly Interest Rate Roundup: Mar 1 - Mar 8
Rates are back down again. The recent adverse market conditions have resulted in declining token prices and minimal demand for leverage. As a result, rates have fallen to their current levels and, in my opinion, they are unlikely to rise until the market turns around.
Notional Monthly Update 🗓️ February 2022
If you've been following our Twitter, you may have noticed the uptick in our whale alerts and loan volume last week.
Weekly Interest Rate Roundup: Feb 23 - Mar 1
The Compound and Aave supply rates were mostly unchanged this week, but the recursive lending rates saw big gains.
