Notional V3 User Docs
  • Product Guides
    • Lending
    • Fixed Rate Lending
    • Providing Liquidity
    • Borrowing
    • Fixed Rate Borrowing
    • Leveraged Liquidity
    • Leveraged Yield Farming
    • Leveraged Points Farming
    • Leveraged Pendle PTs
  • Risk Framework
  • Developer Docs
  • 🏦Prime Money Market
    • Overview
    • Interest Rate Model
    • Borrow Fees
  • 💸fCash
    • What is fCash
    • Using fCash
    • fCash Maturity
  • 💹Trading fCash
    • Transaction Fees
    • Exiting Early
    • Interest Rate Risk
  • 💰Borrower Resources
    • Loan to Value (LTV)
    • Health Factor
    • Liquidation
    • Max LTV Table
  • 🚰Fixed Rate Liquidity Pools
    • What are Fixed Rate Liquidity Pools
    • Fixed Rate Liquidity Pool Mechanics
  • 🪙nTokens
    • What are nTokens
    • nToken Mechanics
      • nToken Portfolio
      • Minting nTokens
      • Redeeming nTokens
    • nToken Returns
    • nToken Risks
  • ⚡Leveraged Vaults
    • What are Leveraged Vaults
    • Entering and Exiting a Vault
    • Liquidation
    • Settlement
    • Vault Returns
    • Vault Risks
    • Vault FAQs
  • ⚖️Governance
    • NOTE
    • NOTE Staking
  • Smart Contracts
    • Deployments (Mainnet)
    • Deployments (Arbitrum)
    • Audits
    • Bug Bounty
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  1. Leveraged Vaults

Settlement

If a user is using a leveraged vault with fixed rate debt, their fixed rate debt will automatically convert to variable rate debt at maturity and their vault position will stay open.

The user can roll their debt back to fixed at any time they like.

PreviousLiquidationNextVault Returns

Last updated 1 year ago

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