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
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
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.
Notional V3 Leveraged Strategies
Notional V3 is the fixed rate lending protocol for power users. To better serve these users we are doubling down on leveraged yield strategies. We aim to be the best place for power users to maximize their yields with leverage by focusing on three things: * High leverage and high returns.
Vulnerability report - March 2023
On Monday March 21st, 2023, The Notional Team was alerted to a vulnerability in Notional V2 that would allow a well-capitalized hacker to drain protocol funds. We patched the vulnerability immediately, and all funds are safe. The whitehat will receive 250k USDC + 250k NOTE as a bounty. Patching this vulnerability
Introducing Notional V3
We are extremely excited to announce the details of the next step forward in DeFi lending - Notional V3. Notional V3 is the most powerful lending protocol that DeFi has ever seen. Notional V3 introduces the prime money market - Notional’s new, native variable-rate lending and borrowing market that
Risk response to USDC Depeg
In the last 24 hours, USDC and DAI have lost their peg. Despite the extraordinary circumstances, Notional has not seen any insolvencies or increased system risk. All funds are safe. However, due to our integration with Compound V2, Notional’s operations have been impacted. Late Friday night, the Compound V2
Notional Fixed Rate Update: Feb 2023🗓️
Welcome to the latest edition of the Notional Monthly Update! Follow the latest news on Twitter or join the Notional community on Discord. 🗒 Summary Notes -Community growth via Layer3 / Crew3 -Audit/V3 updates -Index $MMI Index Coop integrations proposal 📊 Monthly Protocol Stats -TVL: $54,527,249 -Feb. Loan Volume:
