馃敁 Notional Unpauses $mAPOLLO Vault After Resolv Exploit Resolution
馃敁 Notional Unpauses $mAPOLLO Vault After Resolv Exploit Resolution
馃敁 Crisis Averted
Notional has resumed full operations for its $mAPOLLO vault following the recent Resolv Labs exploit.
Key Updates:
- Deposits and withdrawals are now active
- Apollo Crypto confirmed zero losses from the incident
- All Resolv exposure has been eliminated
- Vault was temporarily paused on March 22 as a precautionary measure
Background: The vault was paused after Resolv Labs suffered an exploit, creating uncertainty about potential losses. Notional took immediate action to protect users while monitoring the situation. After thorough assessment, Apollo Crypto confirmed no financial impact, allowing Notional to safely restore vault functionality.
Users can now resume normal vault operations with confidence.
We have unpaused the $mAPOLLO vault and can confirm that it is fully operational. Deposits and withdrawals are active. @ApolloCryptoFM has no remaining Resolv exposure and did not lose any money in this incident
All Notional users with exposure to $mAPOLLO should refer to communications from Apollo about the impact of the recent @ResolvLabs exploit on their positions
Redemptions for mAPOLLO have been preemptively paused to protect investor interests amid current market disruptions. This measure follows the halting of the Resolv protocol due to a recent exploit. Our team is in direct communication with Resolv, who have confirmed that the
Notional's $mAPOLLO vault has exposure to the recent @ResolvLabs exploit. It's not clear whether that vault will incur losses. We have paused the $mAPOLLO vault, monitor the situation closely, and will unpause on resolution
馃殌 Notional Exponent Launches $liUSD-4w Leveraged Vault with Infinifi
Notional Exponent has launched a new leveraged vault featuring **$liUSD-4w** from Infinifi, now live on the platform. **Key Details:** - Vault exclusively available on Notional Exponent - Offers leveraged yield opportunities - Users can earn Infinifi points alongside yields - Represents expansion of Notional's vault offerings beyond traditional fixed-rate lending This launch follows Notional's evolution from its core fixed-rate lending protocol to include more sophisticated DeFi products through the Exponent platform.
馃敭 Infinifi Oracle Integration Eliminates Flash Crash Liquidation Risk
Notional's market now uses an **exchange rate oracle from the Infinifi protocol**, fundamentally changing liquidation mechanics for $liUSD-4w positions. **Key changes:** - No liquidation risk from temporary market price swings or flash crashes - Liquidations only occur from actual investment losses that reduce $liUSD-4w value - Oracle reports exchange rates rather than spot prices This follows similar implementations for mHYPER and mAPOLLO markets, which use Midas-reported exchange rate oracles. The approach allows users to maintain leveraged positions without fear of short-term volatility triggering forced liquidations. Liquidation risk remains possible, but only when underlying asset performance genuinely deteriorates - not from market noise.
馃巵 Notional Exponent Launches with 100,000 $NOTE Incentive Program
Notional is distributing **100,000 $NOTE tokens** to early users of its Exponent vaults over the first six weeks. **How it works:** - Deposit funds into a Notional Exponent vault - Earn $NOTE tokens proportional to your deposit size - Larger deposits = more $NOTE earned The incentive program aims to bootstrap liquidity for Notional's new Exponent product, which builds on the protocol's existing fixed-rate lending and borrowing infrastructure. [Learn more about Notional Exponent](https://notional.finance)
Notional Introduces Smart Withdrawal for Instant Position Unwinding
Notional has launched **Smart Withdrawal**, a new feature that enables users to exit leveraged positions instantly without costs, even when underlying collateral has redemption delays. **Key benefits:** - Zero-cost leverage unwinds on illiquid collateral - Eliminates need to sell collateral at a discount - Reduces redemption time from 6+ cycles to just 1 cycle - No waiting weeks to fully exit positions The innovation addresses a critical pain point in DeFi lending, where users previously faced either selling assets below market value or enduring lengthy withdrawal periods.
馃殌 Notional Launches First Exponent Vault with Midas RWA
Notional has launched its first **Exponent vault** featuring **$mAPOLLO**, developed in partnership with Midas RWA and Apollo Crypto. **Key Details:** - First vault in the Notional Exponent series - Collaboration between Midas RWA and Apollo Crypto - Part of a broader expansion with more vaults planned **What's Next:** Notional indicates this is just the beginning, with plans to introduce: - Additional vaults (including $mHYPER) - More curators - Increased liquidity options - Enhanced yield opportunities The Exponent platform aims to improve leveraged yield strategies for DeFi users. The vault is now available for users to try.