DeFi Startup Notional Expands Fixed-Rate Lending Presence With V2 Upgrade

DeFi Startup Notional Expands Fixed-Rate Lending Presence With V2 Upgrade
Fixed-rate cryptocurrency lending startup Notional is growing its decentralized finance (DeFi) presence with the launch of its V2 upgrade, the company announced Monday.The company, which offers fixed-rate debt using an on-chain automated market maker (AMM), said the new iteration of its platform has improved security and liquidity, following a $10 million Series A funding round in April led by Pantera Capital.The protocol currently offers fixed-rate borrowing of USD coin (USDC) and DAI for up to one year, and wrapped bitcoin (wBTC) and ether (ETH) borrowing for up to six months. It has received three independent audits from ABDK Consulting, Certora…