Exactly Protocol EXA Price

What is Exactly Protocol (EXA)?

Exactly Protocol is a decentralized, non-custodial, and open-source platform that aims to create an autonomous interest rate market for DeFi. It provides users with the ability to borrow and lend crypto assets at both variable and fixed interest rates, a feature that has never been fully realized in decentralized finance before.

 

How Does Exactly Work?

Exactly Protocol is built around two main types of pools: Variable Rate Pools and Fixed Rate Pools.

• Variable Rate Pools allow users to deposit assets and earn variable interest, while also providing liquidity to the Fixed Rate Pools.
• Fixed Rate Pools allow users to make deposits at a fixed interest rate for a specific maturity period. This is similar to what is known as "fixed income" in traditional finance.

By combining these two pool types, Exactly Protocol offers greater flexibility, enabling users to manage both fixed and variable interest rate risks.

 

What Makes Exactly Unique?

One of the biggest challenges in DeFi is liquidity fragmentation, where assets are locked in different pools with different terms. Exactly solves this by using a unique system of "exaVouchers"—tokens that represent a user’s deposit. These vouchers can be easily traded or used as collateral within the platform, creating a more seamless experience for liquidity providers and borrowers.

Furthermore, the protocol dynamically adjusts interest rates based on the supply and demand in the pools, ensuring that liquidity is efficiently distributed across both variable and fixed rate options.

 

Why Choose Exactly Protocol?

Exactly Protocol offers an efficient solution to some of the common issues in DeFi lending and borrowing. By combining flexibility with the ability to lock in fixed rates, users can hedge against interest rate volatility, gain higher yields, and avoid inefficiencies common in other protocols. It also provides liquidity for various pools, ensuring that both lenders and borrowers can access the capital they need without the complexity of token-based models or external automated market makers (AMMs).

 

The Role of exaVouchers

The native token of Exactly Protocol is the exaVoucher, a digital voucher that users receive when they deposit assets into the protocol. These tokens represent the deposit and earn variable interest over time. exaVouchers can also be used as collateral for both variable and fixed-rate loans, giving users even more control over their assets.

In summary, Exactly Protocol is designed to simplify and decentralize lending and borrowing in the DeFi space by offering a more intuitive, flexible, and liquid approach to both fixed and variable interest rates.

What is unique about Exactly Protocol (EXA)?

Exactly Protocol (exa) is unique because it combines both variable and fixed interest rate pools, offering users a flexible and efficient way to lend and borrow crypto assets, while utilizing exaVouchers as collateral across different pools.

Who are the founders of Exactly Protocol (EXA)?

Exactly Protocol (exa) was founded by Gabriel Gruber and Francisco Lepone, who designed the platform to decentralize the credit market and offer a seamless experience for DeFi users.

Where can I buy Exactly Protocol (EXA)?

 Velodrome Finance v2