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.
Developers: Migration Guide for Notional V3
Notional V3 is planned to be an in place upgrade to the current Notional V2 proxy contract. For most users and most integrating smart contracts, no action is required. However, there are a few things to be aware of which are outlined below. If you have any questions, please reach
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
Notional Finance Quarterly Report: Q1 2023
Q1 has been a challenging quarter for crypto, with USDC de-pegging in early March and multiple protocols directly or indirectly suffering from smart contract hacks. Notional managed to navigate this environment unscathed and continues to lead the space as the top DeFi fixed rate protocol. You can download the full
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:
