Notional FinanceNOTE
Overview
What is Notional Finance?
Notional is a non-custodial fixed-rate, fixed-term lending protocol built on Ethereum. Notional was founded by Jeff Wu & Teddy Woodward and launched in 2020.
How does Notional Finance work?
Liquidity providers deposit funds into Notional and receive trading fees from borrowers & lenders (supply-side fees).
Who governs Notional Finance?
NOTE holders own and govern the protocol. They currently take a cut of the total trading fees paid by borrowers & lenders and all of the COMP incentives from funds deposited to Compound (revenue). Notional’s investors include Coinbase Ventures, Nascent Ventures, 1Confirmation, etc.
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.