Notional Finance has made the jump from Ethereum mainnet to layer-2 with the third iteration of its fixed-rate borrowing and lending protocol.

The new v3 launched publicly on Monday after a month of closed beta testing. It expands beyond simple bitcoin, ether and stablecoin borrowing and lending to emphasize strategies that leverage yield.

An initial suite of leveraged vaults on Arbitrum enables users to borrow substantially against their initial capital. This amplifies their potential yield if the returns exceed the borrowing cost, while also minimizing liquidation risk.

Read more: Arbitrum DAO looking to bet $40M on network protocols

These vaults are designed for advanced DeFi users…

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