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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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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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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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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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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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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Uphold
@UpholdIncAug 3
Uphold 🤝 @ExactlyProtocol Uphold’s @PaulWavelength and Exactly Protocol founder @GabrielGruber break down everything you need to know about our latest launch Exa Borrow. Set a reminder 👇 xitter.cf/i/spaces/1lKQRRDkEddGE

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Uphold
@UpholdIncAug 6
Hold your XRP. Unlock your spending power 💳 Uphold’s U.S. President Nancy Beaton breaks down how the Exa Credit Card, powered by @ExactlyProtocol, lets you put your $XRP up as collateral and choose a payment plan that works for you. Watch full breakdown ↓ Now available in select U.S states. Powered by Exactly Protocol. See terms for rate, payment and other details. Crypto-assets are highly volatile and involve risk.
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Uphold
@UpholdIncAug 11
Make your digital assets work harder. Uphold CEO @SMcLoughlin00 breaks down how the Exa Credit Card, powered by @ExactlyProtocol, lets you spend against your XRP in the real world without selling the crypto you believe in ↓
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Uphold
@UpholdIncAug 13
Turn your crypto into instant cash 📲 Borrow against your BTC, ETH, or XRP without selling your assets. Loans offered through @ExactlyProtocol. Get cash deposited straight into your Uphold account instantly. No credit check, no waiting. ✔️ Use cash to spend or withdraw ✔️ Shorter loan terms = better rates ✔️ Repay early with no penalty ✔️ Defer your loan & interest payments as needed Get started in the Uphold App ↓ Loans from Exactly Protocol. Deferring payments may result in higher total payments. Late payments accrue default interest.
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Uphold
@UpholdIncAug 6
Hold your XRP. Unlock your spending power 💳 Uphold’s U.S. President Nancy Beaton breaks down how the Exa Credit Card, powered by @ExactlyProtocol, lets you put your $XRP up as collateral and choose a payment plan that works for you. Watch full breakdown ↓ Now available in select U.S states. Powered by Exactly Protocol. See terms for rate, payment and other details. Crypto-assets are highly volatile and involve risk.
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Uphold
@UpholdIncAug 6
Unlock cash without selling your crypto 🔓 Borrow against your BTC, ETH, XRP, or USDC while keeping your positions intact. Loans offered through @ExactlyProtocol. Get cash deposited straight into your Uphold account instantly. No credit check, no waiting. ▶︎ Use cash to spend or withdraw ▶︎ Shorter loan terms = better rates ▶︎ Repay early with no penalty ▶︎ Defer your loan & interest payments as needed Get started in the Uphold App 📲 Loans from Exactly Protocol. Deferring payments may result in higher total payments. Late payments accrue default interest.
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Uphold
@UpholdIncAug 5
Grab a coffee and get ready to talk Exa Borrow ☕️ Join Uphold’s @PaulWavelength and @GabrielGruber of @ExactlyProtocol for a deep dive into the future of on-chain credit. Tune in live @ 1:30 PM ET ↓ xitter.cf/i/spaces/1lKQRRDkEddGE

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Curious how Exa Borrow actually works? @PaulWavelength (CPO, @UpholdInc) and @GabrielGruber (Co-Founder & CEO, @ExactlyProtocol) will be walking through it end-to-end on Wed, Aug 5 at 1:30 PM ET. See your reminder today!
Uphold
@UpholdIncAug 3
Uphold 🤝 @ExactlyProtocol Uphold’s @PaulWavelength and Exactly Protocol founder @GabrielGruber break down everything you need to know about our latest launch Exa Borrow. Set a reminder 👇 xitter.cf/i/spaces/1lKQRRDkEddGE

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Excited to partner with @GabrielGruber to scale Exa’s vertically integrated lending + payments stack on @base: 1) @ExactlyProtocol: decentralized fixed and variable rate lending protocol 2) @Exa_App: Visa card and buy-now-pay-later installment loans at fixed rates of sub-6% APR
We raised $2.2M led by @KaszekVentures, with participation from @cbventures' Base Ecosystem Fund, @RipioVentures, @lucero_ventures, and a group of angels. Exa gives anyone onchain credit. No credit bureau. No bank account. No one holding your money. Here is what we are building 🧵
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$1M in $XRP has been deposited on @ExactlyProtocol's Base deployment — and adoption continues to grow.
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~$1m in XRP has moved into the Exactly protocol since we enabled it, growing at ~100% weekly. Unlock credit and spend without having to sell crypto. The future is onchain: Exactly running on Base, available through Uphold.
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Uphold
@UpholdIncJun 15
Stop selling. Start spending. The Exa Credit Card turns your stack into real-world spending power 💳 Access instant liquidity without giving up your market exposure. ◾ Use XRP, BTC, ETH, USDC to access credit ◾ Accepted at 150M Visa merchants ◾ Choose your payment plan Check it out in the Uphold App 📲 Now available in select U.S states. Powered by Exactly Protocol. See terms for rate, payment and other details. Crypto assets are volatile and high-risk.
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In case you missed it, @base highlighted the Exa Credit Card last week. $XRP, $BTC, $ETH, and $USDC holders can now access instant credit and liquidity without selling their assets. Check it out ⬇️ and be sure to follow @ExactlyProtocol to learn more!
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