nTokens are the primary way that users provide liquidity to Notional. nTokens enable users to passively earn returns from providing liquidity to Notional across all active maturities without requiring them to interact with the individual liquidity pools in any way.
nTokens are ERC20 assets that are redeemable for a share of Notional’s total liquidity in a given currency across all active maturities. Each asset that Notional supports for borrowing and lending will have its own nToken ex. nDAI, nUSDC, nETH.
- Persistent, non-maturing ERC20 tokens
- Freely redeemable and transferable
- High-quality collateral