Automated liquidity provisioning for LPs
nTokens are a great way for users to add liquidity to Notional without the need to interact with individual liquidity pools. It's a simple and easy way to earn returns across all active maturities passively.
These nTokens are basically ERC20 assets that represent a share of Notional's total liquidity in a particular currency across all active maturities. For instance, if you have nDAI, it means you have a share of Notional's total liquidity in DAI across all active maturities. Notional supports various borrowing and lending assets, and each has it's corresponding nToken, such as nUSDC, nETH, and nDAI.
What's great about nTokens is that they're incredibly versatile. You can redeem or transfer them anytime without restrictions. Plus, you can use nTokens as high-quality collateral for borrowing on Notional.
All in all, nTokens are a convenient and flexible way to add liquidity to Notional and earn returns passively.
Pool Asset Selection
Manual
Manual
USDC, DAI, ETH etc
Pool Maturity Selection
Manual
Auto
3 Months, 6 Months, 1 Year
Auto rolling of Liquidity
No
Yes
V2 has non-maturing Liquidity Tokens
Participation
Active
Passive
V2 automates V1 operations
Additional Incentives
No
Yes
V2 provides LP with NOTE incentives.
Risk Diversification
No
Yes
V2 Provides liquidity through all maturities
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