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 protocol.Understanding Bad Debt & Its Implications in the DeFi Credit MarketIn simple terms, bad debt refers to unpaid loans, i.e., loans that have not been repaid due to the borrowers. In the DeFi ecosystem...

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 protocol.Understanding Bad Debt & Its Implications in the DeFi Credit MarketIn simple terms, bad debt refers to unpaid loans, i.e., loans that have not been repaid due to the borrowers. In the DeFi ecosystem...

At Exactly Protocol, our top priority is ensuring the safety of the protocol and our users. This is why, since we launched the protocol on Ethereum Mainnet in November 2022, we have conducted several Smart Contracts audits and a Mathematical audit with top firms such as ABDK Consulting, Coinspect, Chainsafe, and Cryptecon. To make our security even better, we have also introduced a Bug Bounty Program in partnership with Immunefi to incentivize hackers to identify and report bugs and security ...

At Exactly Protocol, our top priority is ensuring the safety of the protocol and our users. This is why, since we launched the protocol on Ethereum Mainnet in November 2022, we have conducted several Smart Contracts audits and a Mathematical audit with top firms such as ABDK Consulting, Coinspect, Chainsafe, and Cryptecon. To make our security even better, we have also introduced a Bug Bounty Program in partnership with Immunefi to incentivize hackers to identify and report bugs and security ...

We are thrilled to announce updates on Exactly Protocol to enhance your borrowing and lending experience. This article aims to keep our valued community informed about our latest improvements, which include the addition of a new fixed-rate pool on Optimism and an updated Timelock period of 24 hours.About Exactly ProtocolExactly is a lending and borrowing protocol where users can deposit and borrow crypto assets at both fixed and variable interest rates. Unlike other fixed-rate DeFi protocols ...

We are thrilled to announce updates on Exactly Protocol to enhance your borrowing and lending experience. This article aims to keep our valued community informed about our latest improvements, which include the addition of a new fixed-rate pool on Optimism and an updated Timelock period of 24 hours.About Exactly ProtocolExactly is a lending and borrowing protocol where users can deposit and borrow crypto assets at both fixed and variable interest rates. Unlike other fixed-rate DeFi protocols ...

We are thrilled to announce that we have incorporated the wstETH marketon Optimism. This means that our users can make deposits and take borrows at fixed and variable interest rates using wstETH on Optimism.What Exactly is wstETH?For those unfamiliar, stETH is a token that represents staked ETH in Lido. stETH tokens are minted upon deposit and burned when redeemed, maintaining a 1:1 ratio with the ETH staked by Lido. However, in order to enable users to engage with on-chain lending protocols ...

We are thrilled to announce that we have incorporated the wstETH marketon Optimism. This means that our users can make deposits and take borrows at fixed and variable interest rates using wstETH on Optimism.What Exactly is wstETH?For those unfamiliar, stETH is a token that represents staked ETH in Lido. stETH tokens are minted upon deposit and burned when redeemed, maintaining a 1:1 ratio with the ETH staked by Lido. However, in order to enable users to engage with on-chain lending protocols ...

Exactly’s goal is to add an important missing feature on the Defi ecosystem: the ability to make fixed-rate deposits or loans for a specified period of time, which is known as “fixed income” in traditional finance. This is a challenging task, and we need support from other projects to help us grow faster, safer, and more efficiently. That’s why we’re utilizing The Graph, the decentralized indexing and query layer of web3.The Graph: Solving the challenges of indexing blockchain dataThe decentr...

Exactly’s goal is to add an important missing feature on the Defi ecosystem: the ability to make fixed-rate deposits or loans for a specified period of time, which is known as “fixed income” in traditional finance. This is a challenging task, and we need support from other projects to help us grow faster, safer, and more efficiently. That’s why we’re utilizing The Graph, the decentralized indexing and query layer of web3.The Graph: Solving the challenges of indexing blockchain dataThe decentr...

Exactly Protocol has successfully integrated Chainlink Price Feeds, streamlining the process of connecting smart contracts to asset prices. This integration enables us at Exactly to provide a more secure and efficient user pricing mechanism.About Exactly ProtocolAt Exactly, we aim to democratize a new generation of financial services by offering user-friendly, secure, open-source, and non-custodial solutions. The protocol enables users to deposit and borrow crypto assets at fixed and variable...

Exactly Protocol has successfully integrated Chainlink Price Feeds, streamlining the process of connecting smart contracts to asset prices. This integration enables us at Exactly to provide a more secure and efficient user pricing mechanism.About Exactly ProtocolAt Exactly, we aim to democratize a new generation of financial services by offering user-friendly, secure, open-source, and non-custodial solutions. The protocol enables users to deposit and borrow crypto assets at fixed and variable...

At Exactly, we are committed to maintaining transparency even though the protocol has not yet officially implemented a decentralized governance process. That is why we introduce this article to ensure openness and clarity for our community regarding adding two new fixed-rate pools in the protocol and the reasons behind this decision. Since we launched Exactly Protocol in November 2022, we have always been very aware of the feedback from our community on Discord and Twitter. In addition, we ha...

At Exactly, we are committed to maintaining transparency even though the protocol has not yet officially implemented a decentralized governance process. That is why we introduce this article to ensure openness and clarity for our community regarding adding two new fixed-rate pools in the protocol and the reasons behind this decision. Since we launched Exactly Protocol in November 2022, we have always been very aware of the feedback from our community on Discord and Twitter. In addition, we ha...

We at Exactly Protocol are pleased to share our new tagline, “Decentralizing the credit market, today.” This updated tagline emphasizes our core mission and demonstrates our commitment to making Decentralized Finance (DeFi) and its numerous benefits accessible to a broader audience, including those who are unfamiliar with DeFi and its advantages.About Exactly ProtocolAt Exactly Protocol, we aim to democratize a new generation of financial services by offering a user-friendly, secure, open-sou...

We at Exactly Protocol are pleased to share our new tagline, “Decentralizing the credit market, today.” This updated tagline emphasizes our core mission and demonstrates our commitment to making Decentralized Finance (DeFi) and its numerous benefits accessible to a broader audience, including those who are unfamiliar with DeFi and its advantages.About Exactly ProtocolAt Exactly Protocol, we aim to democratize a new generation of financial services by offering a user-friendly, secure, open-sou...

Launched on Mainnet in November 2022 and recently on Optimism, our protocol has quickly gained popularity among the DeFi community by offering users a transparent and predictable lending and borrowing experience. We designed it to be trustless, meaning that users can interact with it without the need for intermediaries, aiming to make DeFi accessible to everyone, regardless of their technical expertise. To further enhance its transparency, Exactly Protocol will share publicly through its offi...

Launched on Mainnet in November 2022 and recently on Optimism, our protocol has quickly gained popularity among the DeFi community by offering users a transparent and predictable lending and borrowing experience. We designed it to be trustless, meaning that users can interact with it without the need for intermediaries, aiming to make DeFi accessible to everyone, regardless of their technical expertise. To further enhance its transparency, Exactly Protocol will share publicly through its offi...

Exactly Protocol recently launched a rewards initiative that allows its users to earn $OP tokens. Under this rewards program, up to 600,000 $OP could be claimed during the next 6 months through a new Distribution Model by depositing and borrowing at Exactly on Optimism.Gabriel Gruber, founder of Exactly Protocol, said, “Our team is committed to making DeFi more accessible to everyone, and we believe onboarding users within the Optimism ecosystem with a robust incentive rewards program is an i...

Exactly Protocol recently launched a rewards initiative that allows its users to earn $OP tokens. Under this rewards program, up to 600,000 $OP could be claimed during the next 6 months through a new Distribution Model by depositing and borrowing at Exactly on Optimism.Gabriel Gruber, founder of Exactly Protocol, said, “Our team is committed to making DeFi more accessible to everyone, and we believe onboarding users within the Optimism ecosystem with a robust incentive rewards program is an i...

Q1 2023 Highlights 🚀The first quarter of 2023 brought significant progress and accomplishments for Exactly Protocol. Milestones included raising $2 million in funding, deploying the protocol on Optimism, and unveiling a new tagline, “Decentralizing the credit market, today”. In addition, we decentralized The Graph services on Mainnet, improved Exactly’s user interface, updated the Interest Rate Model and OP Risk-Adjust Factor, and introduced a sleek dark mode for enhanced user experience.$2M...

Q1 2023 Highlights 🚀The first quarter of 2023 brought significant progress and accomplishments for Exactly Protocol. Milestones included raising $2 million in funding, deploying the protocol on Optimism, and unveiling a new tagline, “Decentralizing the credit market, today”. In addition, we decentralized The Graph services on Mainnet, improved Exactly’s user interface, updated the Interest Rate Model and OP Risk-Adjust Factor, and introduced a sleek dark mode for enhanced user experience.$2M...

About AnthiasDuring the crypto market collapse of May 2022, many big investors, also known as whales, had over-borrowed, betting on asset prices and yields that proved to be unsustainable. Resulting in a cascade of liquidations that caused asset prices to fall further, hurting all users in the DeFi ecosystem, both big whales and small investors. To help users identify liquidation cascades before they happen, Anthias was born as a helpful tool that allows users to track how close big wallets a...

About AnthiasDuring the crypto market collapse of May 2022, many big investors, also known as whales, had over-borrowed, betting on asset prices and yields that proved to be unsustainable. Resulting in a cascade of liquidations that caused asset prices to fall further, hurting all users in the DeFi ecosystem, both big whales and small investors. To help users identify liquidation cascades before they happen, Anthias was born as a helpful tool that allows users to track how close big wallets a...