Exactly is a decentralized, self-custodial, open-source protocol for depositing and borrowing crypto assets at variable and fixed interest rates.

Onchain (OP and Base)
Joined June 2021
Exactly retweeted
Onchain credit runs on OP Mainnet. @ExactlyProtocol is a decentralized credit market supporting @Exa_App, a crypto credit card and buy-now-pay-later service, all running on Optimism.
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Replying to @ExactlyProtocol
@exactlyprotocol will vote on five @coinbase stock-token collateral markets on Base, enabling fixed-rate $USDC borrowing without selling if approved and implemented. Exa Labs proposes NVDAc, AAPLc, METAc, GOOGLc and AMZNc deposits as collateral, with borrowing of those stock tokens disabled. They aim to: - Offer fixed-rate installments and expand Exa Card collateral beyond crypto. - Generate treasury fees through added borrowing, potentially raising USDC depositor yields. - Establish a fixed-rate tokenized-stock venue on Base, reaching holders through @Exa_App and @UpholdInc. Existing identity checks would enforce non-US-person eligibility. The proposal describes dividends and splits adjusting token value rather than balances to preserve integration compatibility. @chainlink feeds update after moves greater than 0.5% or every 24 hours, whichever comes first during operating hours. They retain their last values over weekends and US market holidays while onchain trading continues. Exa Labs warns reopening updates could trigger liquidations before liquidators can act, with sales facing thin trading liquidity. It proposes collateral factors sized for multiday price gaps, deposit caps sized to trading liquidity and a 5% liquidator fee. The launch covers five large-cap stocks from one regulated issuer. Exa Labs argues collateral-only use and caps would bound issuer-failure losses, while external feeds prevent trading-pool manipulation from setting collateral values without eliminating reopening risk. Voting is pending, with a 100,000 EXA quorum. Voting starts October 21st at 4:09pm UTC and closes October 26th at 4:09pm UTC. Proposal: snapshot.box/#/s:gov.exa.eth…
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Please vote 🗳️
Replying to @ExactlyProtocol
@exactlyprotocol will vote on five @coinbase stock-token collateral markets on Base, enabling fixed-rate $USDC borrowing without selling if approved and implemented. Exa Labs proposes NVDAc, AAPLc, METAc, GOOGLc and AMZNc deposits as collateral, with borrowing of those stock tokens disabled. They aim to: - Offer fixed-rate installments and expand Exa Card collateral beyond crypto. - Generate treasury fees through added borrowing, potentially raising USDC depositor yields. - Establish a fixed-rate tokenized-stock venue on Base, reaching holders through @Exa_App and @UpholdInc. Existing identity checks would enforce non-US-person eligibility. The proposal describes dividends and splits adjusting token value rather than balances to preserve integration compatibility. @chainlink feeds update after moves greater than 0.5% or every 24 hours, whichever comes first during operating hours. They retain their last values over weekends and US market holidays while onchain trading continues. Exa Labs warns reopening updates could trigger liquidations before liquidators can act, with sales facing thin trading liquidity. It proposes collateral factors sized for multiday price gaps, deposit caps sized to trading liquidity and a 5% liquidator fee. The launch covers five large-cap stocks from one regulated issuer. Exa Labs argues collateral-only use and caps would bound issuer-failure losses, while external feeds prevent trading-pool manipulation from setting collateral values without eliminating reopening risk. Voting is pending, with a 100,000 EXA quorum. Voting starts October 21st at 4:09pm UTC and closes October 26th at 4:09pm UTC. Proposal: snapshot.box/#/s:gov.exa.eth…
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New EXAIP-34: Enable @coinbase Tokenized Stocks as Collateral on Exactly Protocol (@base). Voting starts tomorrow 🗳️ snapshot.org/#/s:gov.exa.eth…
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Exactly retweeted
Maybe don’t fade @Exa_App and the underlying protocol @ExactlyProtocol. Quite a growth in TVL and active loan under the hood due to this on the @base instance
Exa today: 💳 15k cards issued 🏦 $14M in deposits 📈 $2M in monthly card purchases 📊 $2M in fixed-rate USDC loans ⚡ A card transaction every 2 min All onchain. We’re just getting started.
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"Exactly Protocol" -> "Exactly"
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Exactly retweeted
Probably a huge use case for Latam. I am curious to see how much of an impact it will have on @base @ExactlyProtocol instance fundamentals. It might be this kind of integration that ignites fixed-rate adoption on-chain.
wARS approved ✅ Implementation 🔜
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wARS approved ✅ Implementation 🔜
Exactly Protocol: [EXAIP-33] Add wARS (ARS stablecoin) as a Non-Collateralizable Market on Base snapshot.box/#/s:gov.exa.eth…
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Exactly retweeted
Replying to @ExactlyProtocol
@ExactlyProtocol is voting in its Gov subspace to list $wARS, a stablecoin pegged 1:1 to the Argentine peso, as a new lending market on Base that users can deposit and borrow but never post as collateral. wARS is issued through a Ripio subsidiary. @RipioApp and the EXA Team propose it for @Exa_App's Argentina and Latam users: fixed-rate peso credit "otherwise scarce and expensive in the traditional system," letting them borrow pesos locally without touching crypto or USD holdings. wBRL and wMXN could follow. Since wARS never backs debt, a peg deviation "cannot create bad debt through the collateral side of the protocol" - though Ripio controls minting, burning, and pausing, and attestations "mitigate but do not eliminate this." @chainlink prices the market; @ABDKconsulting audited the non-collateral code, new to the protocol. One voter called it "Expansion outside of traditional assets." 11 wallets have cast 499,355 EXA so far: 100.0% For, clearing the 100,000 EXA quorum at 499.4%. Voting closes September 25th at 6:13am UTC. Proposal: snapshot.box/#/s:gov.exa.eth…
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We know something about fixed-rate loans ...
Replying to @Morpho
This is actually the approach by @ExactlyProtocol which enable fixed rate lending for quite some time now.
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Voting ends tomorrow ...
🗳️ Voting is now live on [EXAIP-33] Add wARS (ARS stablecoin issued by @RipioApp) as a Non-Collateralizable Market on @base.
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Tokenized stocks as collateral for fixed-rate loans?
🆕 Exa App: Tokenized stocks! With our new Swap, you can now bring @coinbase tokenized stocks over with one tap. Just click on "Swap" and choose your stock!
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Exactly retweeted
Interesting proposal on an often overlooked lending protocol: @ExactlyProtocol has a proposal to add wARS, a Argentinian pesos pegged stablecoin, on @base instance. This would likely unlock specific latam useful use case, for people that want to keep their USD or crypto collateral and borrow against it in the local currency to spend in day to day. This will flow through @Exa_App likely. Exactly propose fixed rate lending/borrowing via an interesting and overlooked mechanism. base:0x1e925de1c68ef83bd98ee3e130ef14a50309c01b might be poised to increase if the card and those specific market take off. The exa card on base has good numbers based on the dune dashboard. A repricing coming ? Note that I own some EXA and thus I am biased.
Exactly Protocol: [EXAIP-33] Add wARS (ARS stablecoin) as a Non-Collateralizable Market on Base snapshot.box/#/s:gov.exa.eth…
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🗳️ Voting is now live on [EXAIP-33] Add wARS (ARS stablecoin issued by @RipioApp) as a Non-Collateralizable Market on @base.
Exactly Protocol: [EXAIP-33] Add wARS (ARS stablecoin) as a Non-Collateralizable Market on Base snapshot.box/#/s:gov.exa.eth…
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New EXAIP for wARS, voting starts tomorrow 🗳️
Exactly Protocol: [EXAIP-33] Add wARS (ARS stablecoin) as a Non-Collateralizable Market on Base snapshot.box/#/s:gov.exa.eth…
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fyi: @ExactlyProtocol is now live on the Based credit dashboard. +$7.4M supplied, +$1.2M loaned across four base markets (USDC, cbXRP, cbBTC, WETH). nearly all of the borrowing is Exa card "pay later" installments against the USDC pool: 78% utilization, 7.5% borrow / 4.6% lend cc @UpholdInc @PaulWavelength dune.com/paigeisonfire/based…
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Exactly Protocol on Base
fyi: @ExactlyProtocol is now live on the Based credit dashboard. +$7.4M supplied, +$1.2M loaned across four base markets (USDC, cbXRP, cbBTC, WETH). nearly all of the borrowing is Exa card "pay later" installments against the USDC pool: 78% utilization, 7.5% borrow / 4.6% lend cc @UpholdInc @PaulWavelength dune.com/paigeisonfire/based…
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The EXA token is now easily bridgeable from Optimism to Base (EXAIP-30), and powered by @hyperlane: bridge.exact.ly/
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