A technical deep dive into the Notional Finance V2 smart contracts. Explains how the smart contracts work and the reasoning behind various design decision.
Notional is popping up throughout the DeFi ecosystem as more and more protocols build on our fixed rate infrastructure.
In this post we’ll examine what risks Defi Lending Protocols Face, how Notional manages them, and how Notional’s risk mitigation measures performed in the recent market volatility.
In this post, we present a simple framework for a conservative assessment of IL. We then apply it to current market data and show that IL is very limited for nUSDC and nDAI.
nTokens are an innovative mechanism for providing liquidity on Notional. Although they can appear quite complex at first glance, nTokens offer an overlooked source of profits with limited risk.
Introduction Angle Protocol is considering investing some of its reserves (USDC, DAI) into Notional fixed rate lending to take advantage of the higher interest rates that Notional offers relative to money markets like Compound or Aave. To utilize Notional effectively, Angle should plan to hold its loans to maturity in
Recursive lending is a very popular strategy in DeFi. It involves lending and borrowing on Compound / AAVE in order to harvest the maximum reward possible. This strategy was very profitable at the beginning of 2021. However, returns have dropped considerably as more money flew into the strategy and the value
In this series of posts, I will walk you through the Notional V2 smart contracts. The goal of these posts is to help technically minded users and developers better understand a large and complex codebase (~12,000+ lines of Solidity!). It’s expected that the reader has some familiarity with
In this series of posts, I will walk you through the Notional V2 smart contracts. The goal of these posts is to help technically minded users and developers better understand a large and complex codebase (~12,000+ lines of Solidity!). In part 1, we described the Notional V2 fCash Market.