Account Structure
Last updated
Last updated
Every account in the Notional system has a cash 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.
An account’s cash balance reflects how much currency (DAI, USDC, ETH .. ) that account has access to.
fCash converts to cash 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 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 cash and fCash.
Currency: DAI Cash: 0
DAI
USDC
***
Cash
0
0
0
fCash
[...]
[...]
[...]
Liquidity Tokens
[...]
[...]
[...]
Active Maturities
fCash
Liquidity Tokens
Maturity 1
0
0
Maturity 2
0
0
***
0
0