> For the complete documentation index, see [llms.txt](https://diligentdeer.gitbook.io/notional-finance-guide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://diligentdeer.gitbook.io/notional-finance-guide/to-do-list-notional.md). # To-Do List \[Notional]

fCash Valuation Curve: https://www.math3d.org/Y3CzPDxGu

fCash * [x] [What & Why fCash?](/notional-finance-guide/fcash/what-and-why-fcash.md) What is fCash and why do we need it? * [x] [What & Why fCash?](/notional-finance-guide/fcash/what-and-why-fcash.md) fCash definition * [x] [fCash Use-case](/notional-finance-guide/fcash/fcash-use-case.md) How you can use fCash to lend at a fixed rate * [x] [fCash Use-case](/notional-finance-guide/fcash/fcash-use-case.md)How you can use fCash to borrow at a fixed rate * [x] [fCash maturity](/notional-finance-guide/fcash/fcash-maturity.md) What happens when fCash matures? * [x] [fCash maturity](/notional-finance-guide/fcash/fcash-maturity.md) What happens with positive fCash * [x] [fCash maturity](/notional-finance-guide/fcash/fcash-maturity.md) What happens with negative fCash ### fCash Financials * [x] Understanding fCash financials * [x] [AMM](/notional-finance-guide/counterparty-liquidity-pool/amm.md) & [Lending Trade](/notional-finance-guide/counterparty-liquidity-pool/liquidity-pool-interactions/lending-trade.md) - How are exchange rates and interest rates related? * [x] [Valuing fCash](/notional-finance-guide/fcash-finances/valuing-fcash.md) How does interest accrue? * [x] [Lending Trade](/notional-finance-guide/counterparty-liquidity-pool/liquidity-pool-interactions/lending-trade.md) How do transaction fees work? * [x] [Risks subject to the change in Rates](/notional-finance-guide/fcash-finances/risks-subject-to-the-change-in-rates.md) Understanding interest rate risk * [x] How does the value of fCash change as interest rates change? * [x] How does time to maturity factor into interest rate risk? * [x] How do changes in interest rates change the rate at which interest accrues on your fCash? ### fCash Markets * [x] What are fCash markets and why do we need them? * [x] [AMM](/notional-finance-guide/counterparty-liquidity-pool/amm.md) Structure of fCash market - cTokens, fCash, and the AMM curve * [x] [AMM](/notional-finance-guide/counterparty-liquidity-pool/amm.md) Purpose of fCash market - to facilitate trades for end users at any time * [x] [Lending Trade](/notional-finance-guide/counterparty-liquidity-pool/liquidity-pool-interactions/lending-trade.md) What happens when someone trades on an fCash market - reserves change, interest rate changes ### Liquidity Providers * [x] What are liquidity providers and why do we need them? * [x] fCash markets need liquidity to function * [x] What are liquidity tokens and how do you mint and redeem them? * [x] How providing liquidity works in detail * [x] Walk through the flow, including the part about holding a negative cash balance in the portfolio * [x] Net fCash positions * [x] Show that trades can give the LP a net fCash position * [x] How do liquidity providers make money? * [x] Earn interest on cTokens + transaction fees * [x] Net fCash position interest * [x] Net fCash position duration risk * [x] What risks do liquidity providers take? * [x] How can liquidity providers lose money? ### nTokens * [x] What are nTokens and why do we need them? * [x] Difficulties of LP tokens. Requiring LPs to choose and manage maturities places a lot of burden on them. * [x] Quick overview of how nTokens work and how it improves LP experience. * [x] nToken mechanics in detail * [x] Walk through what happens when someone mints * [x] Walk through what happens when someone redeems * [x] Walk through what happens at quarterly rolls (at a high level, no talk of residuals) * [x] Net fCash positions * [x] Show that the nToken can develop different net fCash positions at different maturities * [x] How do nToken holders make money * [x] Earn interest on cTokens + transaction fees * [x] Net fCash position interest * [x] Net fCash position duration risk * [x] What risks do nToken holders take? * [x] How can nToken holders lose money? ### Leveraged Vaults * [x] What are leveraged vaults and why do we need them? * [x] Leveraged vaults allow users to get leverage on DeFi yield strategies * [x] Overview of how leveraged vaults work * [x] Leveraged vault mechanics in detail * [x] What happens when you enter * [x] What happens when you exit * [x] What happens when you roll * [x] Collateralization and liquidation * [x] How does collateralization work? * [x] How does liquidation work?