What exactly is NOT protocol? One article tells you $BTC $NOT
Notional Finance (NOT) is a decentralized fixed-rate lending protocol that aims to provide users with stable lending services. Unlike many traditional decentralized finance (DeFi) platforms, Notional Finance focuses on fixed-rate lending, which means that borrowers and lenders can lock in a fixed interest rate and will not be affected by market fluctuations during the lending period. The main features of Notional Finance include fixed interest rates, where users can borrow or lend assets on the platform and lock in a fixed interest rate, avoiding the uncertainty brought about by interest rate fluctuations; multiple asset support, where the platform supports lending of multiple crypto assets, providing greater flexibility and choice; decentralization, where Notional Finance is based on blockchain technology and uses smart contracts to implement a decentralized lending process to ensure the transparency and security of transactions; user-friendly, where the platform is simple and easy to use, where users can easily perform lending operations without complicated steps; community governance, where NOT token holders can participate in the governance of the platform and vote on the platform's development direction and major decisions, enhancing users' sense of participation and belonging. Notional Finance runs on the Ethereum network. Through these features, it is committed to providing users with a safe, stable, and flexible decentralized fixed-rate lending platform to promote the development of decentralized finance.