Exactly is a developer of a decentralized, non-custodial, and open-source protocol that facilitates lending and borrowing in the cryptocurrency space. The platform enables users to take loans and make deposits at variable interest rates from a variable rate pool, as well as at fixed rates through several fixed rate pools, each tied to specific maturity dates. Interest rates are determined by the credit supply and demand, specifically the credit utilization rate of each fixed rate pool. This approach allows users to seamlessly exchange the time value of their crypto assets while benefiting from both fixed and variable interest options, creating an autonomous interest rate market that enhances the lending and borrowing experience.
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