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Notional Finance - $NOTE
Notional Finance - $NOTE
Code Review - 04/27/2021
Marcus Kelly avatar
Written by Marcus Kelly
Updated over a week ago


Notional is a protocol on Ethereum that facilitates fixed-rate, fixed-term crypto asset lending and borrowing through a novel financial instrument called fCash.

fCash offers a simple and reliable mechanism for Notional users to commit to transfers of value at specific points in the future. Trading fCash allows users to efficiently move value back and forth through time. This flexibility opens a new dimension in the financial design space on Ethereum.

Notional brings fixed interest rates to the decentralized financial system on Ethereum and gives crypto users the same access to stable financing available in traditional finance, providing certainty and minimizing risk for market participants.

Despite the lack of recent activity in the project repositories, the protocol's smart contracts showed great code quality and have been audited by Consensys, a well known actor in the Ethereum ecosystem. In addition to that, the project is backed by solid actors, notably Coinbase Ventures.

There is no token linked to the project currently, but one will probably see the light in the coming months as the team is aiming to fully decentralize the protocol.

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