Notional Finance, a fixed rate borrowing and lending platform on Ethereum, announced over the weekend that it has partnered with Yearn.Finance. Yearn has allocated $30M to Notional in a bid to boost and stabilize the returns on their USDC and DAI vaults. Yearn will leverage Notional's fixed rates to boost and stabilize their returns while reducing their dependency on DeFi token prices.
Yearn.Finance is a Decentralized Finance (DeFi) platform that aims to build products on aggregated liquidity provision, leveraged trading, automated marketing making, and more.
YFI is trading at $19,793, down by more than 4% in the last 24 hours.