nTokens

nTokens are ERC20 assets that are redeemable for a share of Notional’s total liquidity in a given currency across all active maturities. nToken accounts hold a basket of Prime Cash and fCash either directly or through liquidity tokens which represent a claim on the Prime Cash and fCash that is held in fCash liquidity pools. Learn more about nTokens here.

nToken Parameters

Notional's governance has the ability to set:
  • Deposit shares
  • Leverage thresholds
  • Residual purchase incentives
  • Cash withholding buffers
  • nToken incentives