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Notional Finance
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  • ๐Ÿช™nTokens
    • Automated liquidity provisioning for LPs
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  • ๐Ÿ›๏ธV3
    • Page 1
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  1. nTokens

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.

Attributes
V1
V2
Remarks

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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Last updated 2 years ago

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