Notional Employee Directory
Financial ServicesNew York, United States2-10 Employees
Notional is a decentralized protocol in the financial services space that enables fixed-rate, fixed-term lending and borrowing of crypto assets on Ethereum. It allows users to lend or borrow stablecoins at predictable interest rates for terms of up to six months, using a range of assets as collateral. The mechanism centers on fCash, a token that can be redeemed for an underlying currency at maturity, while specialized liquidity pools facilitate cash–fCash trades; the quoted exchange rate indicates the fixed rate of return until maturity. The company is based in New York, United States, and operates with a small team. The protocol is designed to be flexible and configurable, with the potential to add more lending and borrowing assets, collateral types, and maturities beyond six months as the community broadens its scope. It prioritizes security, with ongoing collaboration with industry partners to ensure the smart contracts are secure and the economic assumptions sound. A notable recent development is the September 2023 beta release of Notional V3 on Arbitrum, representing a new phase in the project’s evolution.