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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.Related posts
Notional Finance – A fixed-rate crypto lending protocol
In this interview with Teddy Woodward, Co-founder of Notional Finance, we discuss the risks that lending protocols face during the Ethereum merge, give a detailed overview of Notional's tokenomics, and describe the different roles that community contributors have.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.