Last week, we announced our path to decentralization, delving deeper into how we have built Exactly Protocol from scratch allowing users to lend and borrow at fixed and variable interest rates in a decentralized and autonomous way. Today, we are proud to announce our next step in this journey, which…
5 days ago
Our First Step to Making Exactly Cross-Chain and Multi-Asset
At Exactly Protocol, we aim to make DeFi accessible to everyone by offering a user-friendly, secure, open-source, and non-custodial credit market for users of all backgrounds, enabling them to deposit and borrow at fixed and variable interest rates without intermediaries. Since launching on Ethereum Mainnet in November 2022 and subsequently…
4 min read
6 days ago
Exactly Protocol’s Path to Decentralization
On November 11, 2022, FTX, the third-largest cryptocurrency exchange, filed for Chapter 11 bankruptcy protection in the United States. On the same day, we launched Exactly Protocol on Ethereum Mainnet to bring the benefits of decentralized finance to the end consumer. Since then, our vision has been to build a…
Decentralization
3 min read
Jun 26
Protocol Update: Introducing OP rewards for wstETH, Treasury Fee activation, updated Interest Rate Model and Risk-Adjust Factor parameters
We are extending the scope of our OP rewards program to the wstETH market. In addition, we have activated the Treasury Fee, introduced some improvements in the fixed interest rate curves, and increased the WETH and wstETH Risk-Adjust factors. OP rewards are now live in the wstETH market We know that liquid staking is a crucial piece of DeFi…
2 min read
Jun 19
Exploring Insurance Coverage Options for Our Users
As security is our top priority, we aim to allow our users to lend and borrow at both fixed and variable interest rates by providing a safe lending and borrowing platform. Recognizing the significance of insurance coverage within the DeFi space, we have actively been working towards enabling our users…
Insurance
3 min read
Jun 8
Introducing The Permit Model For Our Rollover Feature
We are introducing the Permit model for our Rollover feature. The Permit model is a new signed approval method that improves security and enhances the user experience. This new approach streamlines user interactions with smart contracts and eliminates the need for multiple transactions. Resulting in a simpler user experience and…
User Experience
2 min read
Jun 7
Our WebApp Is Now Open Source
At Exactly, we are building a decentralized lending protocol, allowing users to deposit and borrow at both fixed and variable interest rates. Our mission is to bring the advantages and benefits of Decentralized Finance (DeFi) to the end consumer, building efficient, permissionless, and decentralized financial solutions. As we announced some…
Open Source
2 min read
Jun 2
Introducing Our New Rollover Feature
At Exactly, we are constantly working on improving our users’ journey to offer a seamless lending experience, and we are pleased to unveil our last user-driven innovation to manage debt. As of now, our users can refinance their debt using our new Rollover feature. This feature comes as part of…
Debt
3 min read
May 25
Bad Debt Clearing: Discover Exactly’s Innovative Approach
At Exactly Protocol, we aim to make Decentralized Finance (DeFi) and its numerous benefits accessible to a broader audience. That’s why we have created a new approach to minimize the impact of bad debt, using a Bad Debt Clearing system that allows us to offer our users a resilient lending…
Bad Debt
4 min read
May 19
