Notional Finance
Notional is the first decentralized, Ethereum-based protocol for borrowing and lending at fixed rates and fixed terms. With variable rate lending, DeFi can only serve a small segment of the crypto lending market because variable interest rates don’t provide the certainty that lenders and borrowers require. Notional fixes this by creating a true market for lenders and borrowers that democratizes and empowers individual investors, business owners and institutional investors.
Right now, users can borrow or lend USDC & DAI for up to one year, and ETH & WBTC for up to six months from Notional's on-chain liquidity pools. With Notional's V2 upgrade, liquidity providers enjoy a low-touch experience, and no longer need to roll their debts to new maturities as it is done automatically through the use of nTokens, ERC20 tokens that represent a user's share of the liquidity pool.
After raising a $10 million Series A in May 2021 from some of the top VC firms, including Coinbase Ventures, Notional’s protocol has been relaunched on 11/1 with a host of new features as well as the NOTE governance token.
Symbol |
note |
Current Price |
$0.11487900 |
Market Cap |
$5,402,698 |
Market Cap Rank |
1779 |
24h Change |
2.08%
|
Circulating Supply |
47,028,165 |
Total Supply |
99,511,438 |
All-Time High |
$23.42000000 |
All-Time Low |
$0.08811300 |
Twitter Followers |
17,147 |
Last Updated |
2024-06-09T14:57:09.811Z |
Developer Data
Forks |
0 |
Stars |
0 |
Subscribers |
0 |
Total Issues |
0 |
Closed Issues |
0 |
Pull Requests Merged |
0 |
Pull Request Contributors |
0 |
Commit Count (Last 4 Weeks) |
0 |