Decentralized lending protocol Exactly Protocol completes $2 million financing, led by Synthetix founder

Odaily News Exactly Protocol, a decentralized lending protocol based on the Ethereum mainnet, announced the completion of a $2 million financing round, with participation from Bodhi Ventures, Newtopia, NXTP Ventures and Kaszek Ventures, as well as Synthetix founder Kain Warwick, Decentraland co-founder Esteban Ordano and others. The new funds will support its launch on the Ethereum second-layer network Optimism in the coming months, using the open source non-custodial DeFi protocol to provide borrowers and lenders with DeFi credit functions that support floating and fixed rates.