Notional Launches Out of Stealth to Bring Fixed-Rate Lending to DeFi

Coindesk | Oct 26, 2020 at 5:00 PM
  • Lending and borrowing rates on all the top decentralized finance (DeFi) platforms are dizzyingly variable.
  • Enter Notional, a new protocol that lets users lend and borrow crypto at fixed rates.
  • To accomplish that, Notional lets DeFi traders lock in borrowing rates on dai (DAI) to finance yield farming activities for up to six months, all while accessing fixed rates on levered long ether (ETH) trades for the same amount of time using a token called fCash.