Teddy Woodward

Teddy Woodward

Co-Founder and CEO

Notional V3 Beta Launch Timeline

Notional V3 Beta Launch Timeline

The Notional V3 Beta is almost here. Pending any unforeseen snags, we are targeting Monday, September 25th as the launch date. Here’s what you need to know to get ready: * V3 Beta passes will be distributed to eligible addresses on the launch date. You will then be able to

Teddy Woodward
Teddy Woodward
Notional V3 Beta Yield Contest

Notional V3 Beta Yield Contest

The Notional V3 invite-only Beta on Arbitrum is almost here and we’re offering something special for everyone who signs up - a yield contest! Notional V3 Beta users can compete for prizes that include NFTs, 30,000 $NOTE in total rewards, and bragging rights! To win the contest, you’

Teddy Woodward
Teddy Woodward
Managing Risk in Leveraged Vaults

Managing Risk in Leveraged Vaults

Notional’s leveraged vaults allow users to get highly leveraged exposure to DeFi yield strategies. While leverage helps make great products, it also exposes Notional to risk. In this blog post I will demystify the risk management and parameter setting process behind leveraged vaults to show how we keep Notional

Teddy Woodward
Teddy Woodward
Why We're Choosing Arbitrum

Why We're Choosing Arbitrum

With the launch of Notional V3, the Notional protocol will make a long-awaited debut on Layer 2. Launching on L2 has the potential to broaden the scope of who can use Notional, expand Notional’s leveraged strategy offering, and catalyze the protocol’s growth. In an ideal world where the

Teddy Woodward
Teddy Woodward
Forecasting rETH Yields

Forecasting rETH Yields

The ETH staking rate is the most important interest rate in crypto. It is the baseline for ETH returns that all other investments and yield opportunities are judged against. Given this importance, it’s helpful to understand what drives this yield and forecast what ETH staking rates might be in

Teddy Woodward
Teddy Woodward
LP Token Valuation Risks

LP Token Valuation Risks

Today, the vast majority of collateral held in DeFi lending protocols is in the form of vanilla tokens like ETH, stETH, wBTC and UNI. There aren’t many protocols that lend against LP tokens in addition to simpler collateral types. As a result, the risk management challenges of taking LP

Teddy Woodward
Teddy Woodward
Fixed vs. Variable Rate Leverage - Which is Better?

Fixed vs. Variable Rate Leverage - Which is Better?

Leveraged yield strategies are relatively new products in DeFi that allow users to potentially earn higher yields by taking on leverage that have proven to be popular with DeFi power users. Notional’s leveraged vaults, leveraged staking strategies on Aave, and money markets like Gearbox and Sentiment that are specifically

Teddy Woodward
Teddy Woodward
DeFi Has a Yield Problem

DeFi Has a Yield Problem

DeFi has a yield problem. DeFi lending protocols can’t offer sustainable yields that are high enough to attract external capital and grow the space beyond its current niche. That’s because today’s major lending protocols provide limited utility for borrowers which results in low interest rates for lenders.

Teddy Woodward
Teddy Woodward