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Exactly Protocol 𝚵
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Exactly Protocol 𝚵
@ExactlyProtocol
Exactly is a decentralized, self-custodial, open-source protocol for depositing and borrowing crypto assets at variable and fixed interest rates.
OP Mainnet Katılım Haziran 2021
73 Takip Edilen11.9K Takipçiler
@eldarcap EXA holders are aligned through two channels:
1. The DAO structure receives participation in the NewCo.
2. Protocol fees from onchain activity keep accruing to the DAO treasury with every Exa Credit Card transaction.
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@ExactlyProtocol So no revenue at all from the card business going to $EXA holders.
Great.
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Exactly became two things: a decentralized protocol, and a consumer app on top.
The EXAIP-32 formalizes it:
1. The Exactly Protocol stays decentralized, and DAO governed.
2. A NewCo runs the Exa App, built to scale.
Voting starts tomorrow 🗳️
snapshot.box/#/s:gov.exa.et…
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Exactly Protocol 𝚵 retweetledi
Uphold Exchange just enabled USDC Earn for its users via @Base powered by @ExactlyProtocol
Institutional onchain integrations like @UpholdInc’s depend on high bars of security, auditability, and permissioned programmability. Base was designed for that
CEXs can’t keep customer assets in harbor forever. As they say “a ship in harbor is safe, but that is not what ships are built for”
Uphold@UpholdInc
Earn yields up to 7%* on USDC 🔵 New Earn feature is live! Turn your $USDC into an active, yield-generating asset in just a few taps. → Earn yield through on-chain lending → Watch your balance grow live → Easy DeFi access Put your crypto to work 📲 *Based on reasonable assumptions and beliefs in light of the information available at the time the statement is made. Funds are deposited to, and yields are paid by, the Exactly Protocol, a decentralized protocol on the Base blockchain. Financial forecasts, even those presented with numerical specificity, are estimates based on subjective and variable assumptions that are inherently subject to material uncertainties, risks, and other changes in circumstances that are difficult to predict. Actual results may differ materially from any stated projections, and there is no guarantee of returns unless your funds are borrowed. Past results do not predict future results. Uphold cannot guarantee future performance and undertakes no obligation to assess the veracity of any stated projections. Users are cautioned not to rely on these projections when making a decision regarding Exa Earn. Available in select U.S. States. Powered by Exactly Protocol. Yield is variable and not guaranteed. Returns depend on protocol performance and network activity. Past performance does not guarantee future results. High credit demand means you may not be able to withdraw all your funds. You can withdraw your assets at any time as long as there is available (unborrowed) liquidity in the asset pool. Terms apply.
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Uphold has just enabled XRP as collateral for the Exa Credit Card. Uphold users' deposits as collateral, which are supplied to Exactly Protocol's $cbXRP market on @base (with KYC). That position automatically opens a fixed-rate USDC credit line on the Exa Credit Card.
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Exactly Protocol 𝚵 retweetledi
DeFi is creating more accessible financial services. When I was younger, I financed a car I thought I could afford, but couldn’t. I was naive and brought it back to the dealer, which destroyed my credit. For years, all I could get were predatory offers - huge upfront fees and high interest rates with low credit limits. The @ExactlyProtocol card, which is now integrated into Uphold’s app, solves this - it offers low cost credit secured by the assets I am a long term holder of, and don't have to sell. I wish this existed 20 years ago, but better now than never!
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Exactly Protocol 𝚵 retweetledi
We're hiring a Senior Solidity Dev for Exa.
Apply here pls:
x.com/i/jobs/2049541…
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Exactly Protocol 𝚵 retweetledi
The increase of cbXRP’s supply cap to $1.5M, as approved by EXAIP-31, was executed today. Over the next few weeks, we plan to raise it up to $15M. Base tx hash:basescan.org/tx/0xc691c75bb…
Exactly Protocol 𝚵@ExactlyProtocol
The [EXAIP-31] cbXRP Collateral Cap Increase was approved. Implementation next week.
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The [EXAIP-31] cbXRP Collateral Cap Increase was approved. Implementation next week.
Snapshot.eth@SnapshotLabs
@exactlyprotocol is voting to raise its $cbXRP collateral ceiling from $1M to $15M on Base, a 15x jump after the initial cap held up cleanly since launch. The increase rolls out in stages starting at $1.5M, driven by demand from @UpholdInc, a digital asset platform with ~$3B in XRP held by its users onboarding through the Exa Card. All other risk parameters stay unchanged. "The new cap is a ceiling, not a target," Exa Labs wrote, framing it as organic growth the risk team can monitor in real time. 10 votes, 642,734 $EXA cast, 100% For so far. Voting ends April 24. Proposal: snapshot.box/#/s:gov.exa.et…
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Exactly Protocol 𝚵 retweetledi
Just ran the full flow, funding to KYC to issuance, of an Exa Card from @baseapp via the Exa App mini-app. Each installment purchase originates a fixed-rate loan on @ExactlyProtocol against my collateral. The future of consumer credit lives in borrow-rate subsidies on specific lending markets, funded by issuers and neobanks competing for distribution. And all of it will settle on @base
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Exactly Protocol 𝚵 retweetledi
@exactlyprotocol is voting to raise its $cbXRP collateral ceiling from $1M to $15M on Base, a 15x jump after the initial cap held up cleanly since launch.
The increase rolls out in stages starting at $1.5M, driven by demand from @UpholdInc, a digital asset platform with ~$3B in XRP held by its users onboarding through the Exa Card.
All other risk parameters stay unchanged.
"The new cap is a ceiling, not a target," Exa Labs wrote, framing it as organic growth the risk team can monitor in real time.
10 votes, 642,734 $EXA cast, 100% For so far. Voting ends April 24.
Proposal: snapshot.box/#/s:gov.exa.et…
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New [EXAIP-31] cbXRP Collateral Cap Increase. Voting starts tomorrow 🗳️
snapshot.box/#/s:gov.exa.et…
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