Description
Notional Finance is a decentralized finance (DeFi) protocol specializing in fixed-rate lending and borrowing on the Ethereum and Arbitrum networks. The platform allows users to engage in various financial activities, including lending assets to earn passive, low-risk yield, borrowing against crypto collateral at fixed or variable rates, and utilizing leveraged strategies for potentially higher returns. Notional also supports liquidity providers who can deposit assets to make markets, earning interest, fees, and incentives. The protocol emphasizes security through thorough auditing of its open-source smart contracts and maintains an active bug bounty program. It aims for transparency by making all its data public and on-chain, with dashboards available on platforms like Dune, Defi Llama, and Token Terminal.