Odaily News The DeFi lending protocol Exactly Protocol has announced the launch of Exactly DAO governance token EXA on the OP Mainnet. The application for the airdrop opened at 00:00 on July 26th, Beijing time. The total supply of EXA is 10 million tokens, with a 1% airdrop allocation and a 4-month linear unlocking period.



Previously, EXA token was the native governance token of Exactly DAO with a total supply of 10 million tokens. The distribution plan is as follows: 4.5 million EXA tokens will be allocated to the community, 4.5 million EXA tokens will be allocated to the team, advisors, and investors, and 1 million EXA tokens will be allocated to the DAO treasury.



The distribution of community tokens will be divided into two parts, with 1% of the total supply (100,000 EXA tokens) being used for airdrops to early users of the project, specifically to community members who have been using the protocol on the OP Mainnet since the launch of the OP rewards program in April last year.