The Argentina-born Exactly protocol passed a testnet at ETHLatam. It is a decentralized, non-custodial, open source protocol providing an autonomous interest rate market to lenders and borrowers. Gabriel Gruber, Exactly co-founder and CEO, told CoinDesk that the protocol, setting interest rates based on credit supply and demand, will allow the users to frictionlessly exchange the time value of their assets at both variable and fixed interest rates for the first time in DeFi.
Related posts
-
Ethereum Price Bottom Signal: Is a Recovery on the Horizon?
Ethereum price extended losses below the $3,320 support. ETH tested the $3,240 support and is now... -
SkyBridge Capital’s Scaramucci Says Bitcoin Will Reach $250,000 Is This US Presidential Candidate Wins
Anthony Scaramucci, the founder of SkyBridge Capital, has predicted that Bitcoin could reach new all-time highs... -
Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion
As digital asset markets continue to navigate turbulence, the...