Teddy Woodward

Teddy Woodward

Co-Founder and CEO

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
Notional V3 Leveraged Strategies

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.

Teddy Woodward
Teddy Woodward
Vulnerability report - March 2023

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

Teddy Woodward
Teddy Woodward
Introducing Notional V3

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

Teddy Woodward
Teddy Woodward
Risk response to USDC Depeg

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

Teddy Woodward
Teddy Woodward
Notional Fixed Rate Update: Feb 2023🗓️

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:

Teddy Woodward
Teddy Woodward
Notional Fixed Rate Update: Jan 2023 🗓️

Notional Fixed Rate Update: Jan 2023 🗓️

‌‌‌‌‌‌‌*Leveraged Vault now driving 55% of loan volume* 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 ‌‌‌‌ ‌‌‌‌‌‌‌‌‌‌‌ ‌‌‌-Leveraged Vault stats ‌‌‌‌-Crew3 Community Questboard w/ $NOTE prizes ‌‌‌-New Notional Explainer: Where does the Yield Come

Teddy Woodward
Teddy Woodward
Monthly Updates
Crew3 Community Quest Launch: Learn & Transact to Earn!

Crew3 Community Quest Launch: Learn & Transact to Earn!

tl;dr: Notional’s new Crew3 community page allows anyone to learn about Notional, help spread the word, and use the protocol to earn XP - the more XP earned, the better the chance to win in the monthly $NOTE giveaway. This year is going to be big for Notional,

Teddy Woodward
Teddy Woodward