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logotype notional-finance (NOTE)

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Information about notional-finance

Notional is an innovative decentralized platform built on Ethereum that revolutionizes borrowing and lending in the cryptocurrency realm. Unlike other protocols that offer variable interest rates, Notional provides fixed rates and terms, making it more appealing to a wider range of participants in the crypto lending market. This ensures greater certainty for both lenders and borrowers. Moreover, Notional aims to democratize and empower individuals, businesses, and institutional investors by establishing a true market for lenders and borrowers.

At present, users can borrow or lend USDC and DAI for a maximum period of one year, and ETH and WBTC for up to six months using Notional's on-chain liquidity pools. The recent V2 upgrade of Notional further enhances the user experience for liquidity providers, eliminating the need to manually manage debt maturities. This is made possible through nTokens, which are ERC20 tokens representing a user's proportionate ownership of the liquidity pool.

Notional has garnered significant support, having raised $10 million in a Series A funding round in May 2021. Prominent venture capital firms, including Coinbase Ventures, have shown confidence in Notional's protocol. As a result, Notional recently relaunched on November 1st with an array of new features, alongside the introduction of the NOTE governance token.

For those who want to download the Notional-Finance logo, we have compiled a list of all the major cryptocurrencies in PNG and SVG format. Our collection includes logos for Bitcoin, Ethereum, Litecoin, Ripple, Dash, Monero, Zcash, and many more. All of them are available in PNG format. And if you want to show support for one of the cryptocurrencies, our collection of logos is at your disposal, including the Notional-Finance logo.

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