V3 Risk Parameters
  • Notional V3
  • Risks
    • Economic Risks
    • Technological Risks
  • Prime Cash Markets
    • Prime Cash Interest Rate Model
  • fCash Markets
    • fCash Markets
    • fCash Maturities
    • fCash Interest Rate Model
  • nTokens (LP)
    • nTokens
    • Deposit Shares
    • Leverage Thresholds
    • nToken ifCash Residuals
    • Incentives
  • Collateral Framework & Liquidations
    • Overcollateralization structure
    • Exchange Rate Risk
    • Prime Cash risk adjustments
    • fCash risk adjustments
    • nToken risk adjustments
  • Asset Liquidity Risk
    • Prime Cash Supply Caps
  • Leveraged Vaults
    • Collateral structure & leverage
    • Vault Shares Valuation
    • Liquidations
    • Maximum Pool Share
    • Fees
  • Notional's Backstop
    • Treasury
    • sNOTE
  • Notional Finance
  • Notional V3 Docs
  • Technical Docs
  • Collateral Onboarding Docs
  • Notional Dune Dashboard
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  1. Notional's Backstop

sNOTE

PreviousTreasury

Last updated 1 year ago

Notional's governance can force sell 50% of staked NOTE tokens to cover shortfalls due to the creation of bad debts. Selling can be used in conjonction with using treasury funds to cover a shortfall or can be used as an independent measure.

Funds in the NOTE staking module are 80% held in NOTE and 20% in WETH.

sNOTE