Decentralized lending protocol Exactly Protocol completes $2 million financing, with participation from Bodhi Ventures

Exactly Protocol, a decentralized lending protocol based on the Ethereum mainnet, announced the completion of $2 million in financing. Bodhi Ventures, Newtopia, NXTP Ventures, and Kaszek Ventures, as well as Synthetix founder Kain Warwick and Decentraland co-founder Esteban Ordano, participated in the investment. The new funds will support its launch in the next few months on Optimism, the Ethereum second-layer network, using the open-source non-custodial DeFi protocol to provide debtors and lenders with DeFi credit capabilities that support floating and fixed rates.