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Notional V2
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Notional V2
About Notional
FAQ
User Tutorials
Notional V2 Basics
fCash
Liquidity Pools
Lending
Borrowing
nTokens
nToken Overview
Minting nTokens
Redeeming nTokens
nToken Returns
Leveraging nTokens
Active Maturities
Tenors
Idiosyncratic fCash
fCash Valuation
Interest Rate Oracles
fCash Valuation Curve
Risk and Collateralization
Account Structure
Collateralization
Free Collateral
Liquidation
Settlement
Governance
The NOTE
Technical Topics
nToken Redemption
nToken Blended Interest Rate
Notional AMM
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Lending
Users who want to lend their currency at a fixed interest rate can buy fCash. A lender exchanges their currency at the time of trade for a greater, fixed amount of that currency at a specific point in the future. The exchange rate that the user gets implies a fixed interest rate on their loan between the moment they trade and the time that their fCash matures.
In the following example, a lender wishes to lend 100 DAI on Notional at a fixed rate for one year. The lender first converts their 100 DAI into cDAI and then deposits that cDAI into the Notional liquidity pool for 105 fDAI. When the loan matures on December 1, 2021, the lender can redeem their 105 fDAI for cDAI, and then convert that cDai into 105 DAI.
When the loan matures, the lender can redeem their fCash for currency.
Notional V2 Basics - Previous
Liquidity Pools
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Borrowing
Last modified 6mo ago
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