EXAPrice

(EXA)

Exactly Protocol is a decentralized, open-source DeFi protocol designed to facilitate deposits and borrows with both fixed and variable interest rates. Additionally, it mints an over-collateralized stablecoin. This structure aims to provide users with flexible and predictable financial instruments within the decentralized finance ecosystem, catering to diverse lending and borrowing preferences.

Exactly Protocol differentiates itself by determining fixed interest rates based on the utilization rate of liquidity pools, which are further segmented by different maturity dates. This approach contrasts with relying on an Automated Market Maker (AMM) for maturity tokens, offering a unique and structured method for setting rates. This design enhances predictability and tailored options for users.

The EXA token primarily functions as the governance token for Exactly Protocol. Holders can lock their EXA tokens to obtain veEXA (vote-escrowed EXA), which grants them voting power. This enables participants to engage in critical decisions affecting the protocol, such as treasury management, risk parameters, and the implementation of smart contract upgrades, empowering the community to steer its development.

EXA Market is an NFT marketplace focused on empowering both creators and collectors. Its main objective is to cultivate a vibrant community centered around creativity and accessibility. The platform emphasizes the quality of digital assets, aiming to provide a curated space where unique NFTs can be discovered, traded, and appreciated, fostering engagement within the digital art and collectible sphere.

Exa Protocol's core research and development efforts are dedicated to mobile-first blockchain technology. Its primary goals include enhancing scalability, developing user-centric applications, and promoting decentralized internet principles. A significant area of focus also involves creating quantum computer-safe cryptography to ensure long-term security and resilience for its technological advancements in the evolving digital landscape.

Exactly Protocol employs rigorous security measures, including thorough smart contract audits conducted by independent security firms to identify and mitigate potential vulnerabilities. The protocol also upholds robust data privacy practices and maintains continuous monitoring and updates. These measures are critical for proactively addressing threats and ensuring the ongoing integrity, reliability, and safety of the platform for its users and their digital assets.