Notional Monthly Update 🗓️ June 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 -$500M in loan volume milestone hit in May - now up
Weekly Interest Rate Roundup: June 28 - July 5
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Peak fear has passed. Just a few weeks ago it felt like every new day brought fresh and shocking revelations of some insolvency, or some overlooked systemic risk that was in the process of imploding, or some other
Weekly Interest Rate Review: June 21 - June 28
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)It's been a rough few weeks for crypto lenders. DeFi shows few signs of life, leading to a steady bleed in TVL and slumping revenue figures for all the major DeFi lenders. But hey, at least
Weekly Interest Rate Roundup: June 7 - June 14
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)What a time to be alive. Exchanges are firing big chunks of their employees, crypto lending desks are blowing up, funds are insolvent, assets that were supposed to be pegged are de-pegging. And meanwhile, amidst all this -
Fixed: Incentive Issuance Affecting Early V2 LPs
We’ve upgraded the calculation which erroneously diluted nToken holders and have launched an airdrop portal for those affected to claim their owed NOTE.
New Tool: Notional Historical Data Exporter
Our new data extraction tool allows anyone to export Notional’s historical data in just a few clicks.
Weekly Interest Rate Roundup: May 31 - June 7
COMP recursive lending rate = all-in supply + 3 * (all-in supply - all-in borrow)Another week gone by, another week of rock-bottom interest rates in DeFi. Not much new to say here for the variable rate lending markets - until they find out a way to tap into other sources of borrowing
HALF A BILLION!! 🎉🥳 Notional Monthly Update 🗓️ May 2022
We crossed the half a billion in fixed rate loan volume on Notional mark! Reached less than seven months after the V2 launch, Notional is the first fixed rate borrowing and lending DeFi protocol to generate this volume.
