Introduction
Exactly Protocol is a decentralized finance (DeFi) platform specializing in lending and governance, with a strong emphasis on community involvement and token-based staking. As a DeFi lending protocol, Exactly enables users to engage in decentralized borrowing and lending, while its governance model empowers token holders to influence protocol updates. The platform is notable for its tokenomics, including the EXA governance token and sEXA staking mechanism, which incentivize participation and promote long-term growth.
Background and History
Exactly Protocol was created to address the growing need for decentralized lending solutions with a strong governance foundation. The platform’s development focused on providing users with a transparent and fair way to engage in lending while maintaining community control over key decisions. Since its launch, Exactly has introduced a robust governance model, allowing users to propose changes via the Exactly Improvement Proposal (ExAIP) process. Additional milestones include the introduction of the sEXA staking program and partnerships aimed at increasing platform security. Exactly has quickly established itself as a leader in governance-centric DeFi solutions.
