Diving into Fixed Interest Rates Protocol with Teddy Woodward, CEO and Co-founder of Notional Finance - Ep. 41

In this episode, Benjamin Hor, market research analyst of CoinGecko is joined by Teddy Woodward, co-founder and CEO of Notional Finance. Benjamin interviewed Teddy on the mechanism of Notional Finance, key differences that makes them unique, the importance of their governance token NOTE, as well as their future plans in 2022.[00:00:36] Intro[00:01:35] What is Notional Finance?[00:02:03] How does Notional ensure that it achieves fixed interest rates?[00:04:20] More about Notional Finance V2 [00:07:33] Interesting statistics and data about Notional[00:08:48] Key differences between Notional and other competitors?[00:12:25] Why are fixed interest rates important?[00:14:17] The market size for fixed interest rate space[00:16:00] Thoughts on the sophisticated financial instruments in crypto[00:17:30] The importance and utility of governance tokens[00:20:50] Advantages and disadvantages of Notional[00:22:55] The future of DeFi lending products[00:24:55] Notional’s plans for the end of the year and 2022Quotes from the episode:“Notional is a decentralized protocol built on Ethereum that enables users to borrow and lend crypto assets at fixed rates of interest.” [00:01:44]“Most of the newer fixed rate protocols stuff like you know, Pendle or Element, these focus exclusively on lenders. So they allow people to lend their crypto at a fixed rate and they don't allow people to borrow crypto at a fixed rate. And so like on Notional of course we allow you to do both.” [00:09:30]“I think once you lower transaction fees, you're going to see just like a ton of new users come in. So I think layer twos are going to be critically important.” [00:23:35]Watch the Podcast on YouTubeLinksNotional Finance - https://notional.finance/CoinGecko - https://www.coingecko.com/Social MediaNotional Finance:https://twitter.com/notionalfinanceCoinGecko:https://twitter.com/coingeckohttps://t.me/coingecko