Decentralized lending protocol Exactly Protocol completes $2 million in financing, with Bodhi Ventures and others participating
Exactly Protocol, a decentralized lending protocol based on the Ethereum mainnet, announced the completion of a $2 million financing round. Bodhi Ventures, Newtopia, NXTP Ventures, Kaszek Ventures, as well as Synthetix founder Kain Warwick, Decentraland co-founder Esteban Ordano, and others participated. The new funds will support its launch on the Ethereum Layer 2 network Optimism in the coming months, using open source non-custodial DeFi protocols to provide support for borrowers and lenders with floating and fixed interest rate DeFi credit functions.
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