Account Structure

Every account in the Notional system has a cToken balance, nToken balance, fCash balances, and liquidity token balances for each supported currency type. An account's fCash balances and liquidity token balances for a given currency type are broken out by the maturities that are supported for that currency type.‌
cTokens
An account’s cToken balance reflects how many cTokens (cDAI, cUSDC, cETH .. ) that account holds.
nTokens
An account’s nToken balance reflects how many nTokens (nDAI, nUSDC, nETH .. ) that account holds.
fCash
fCash converts to cTokens upon maturity. Every currency type on Notional has a set of active maturities, and every account will have an fCash balance on each of those maturities.‌
Liquidity Tokens
Liquidity tokens represent a claim on the assets that sit in the liquidity pool at a given maturity. Liquidity tokens can be decomposed into a claim on cTokens and fCash.‌
Example Account
​Title
DAI
USDC
***
cTokens
0
0
0
nTokens
0
0
0
fCash
[...]
[...]
[...]
Liquidity Tokens
[...]
[...]
[...]
Account Structure Per Currency
Currency Type: DAI 
cDAI: 0
nDAI: 0
Active Maturities
fCash
Liquidity Tokens
Maturity 1
0
0
Maturity 2
0
0
***
0
0

fCash Valuation - Previous

fCash Valuation Curve

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Collateralization

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Contents

Account Structure Per Currency