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Notional Finance (NOTE)

$0.5273USD
1.00000000 NOTE
(-8.50 %)
Coin
Market Cap
$ 8,016,480
Volume 24h
$ 9506.0
Circulating Supply
15,121,400
Notional Finance Chart
Description Notional Finance

"Notional is the first decentralized, Ethereum-based protocol for borrowing and lending at fixed rates and fixed terms. With variable rate lending, DeFi can only serve a small segment of the crypto lending market because variable interest rates don’t provide the certainty that lenders and borrowers require. Notional fixes this by creating a true market for lenders and borrowers that democratizes and empowers individual investors, business owners and institutional investors. Right now, users can borrow or lend USDC & DAI for up to one year, and ETH & WBTC for up to six months from Notional's on-chain liquidity pools. With Notional's V2 upgrade, liquidity providers enjoy a low-touch experience, and no longer need to roll their debts to new maturities as it is done automatically through the use of nTokens, ERC20 tokens that represent a user's share of the liquidity pool. After raising a $10 million Series A in May 2021 from some of the top VC firms, including Coinbase Ventures, Notional’s protocol has been relaunched on 11/1 with a host of new features as well as the NOTE governance token."

Notional Finance Price $0.527277
Market Cap $ 8,016,480
Volume 24h $ 9506.0
Circulating Supply 15,121,400
Total Supply 0
24h Change -8.50 %