PANews reported on July 26 that the DeFi lending protocol Exactly Protocol announced an airdrop of EXA tokens. The application was opened at 00:00 on July 26 (Beijing time). The airdrop accounted for 1% and had a linear unlocking period of 4 months. The eligibility criteria will be proportional to the OP rewards allocated through the reward controller before 3:00 on July 19, 2023. Users who have been allocated OP rewards but have not received them are also eligible for airdrops. It is reported that the EXA token is the native governance token of Exactly DAO, with a total supply of 10 million. The distribution plan is as follows: 4.5 million EXA will be allocated to the community, 4.5 million EXA will be allocated to the team, consultants and investors, and 1 million EXA will be allocated to the DAO treasury.
Earlier news, DeFi lending agreement Exactly Protocol announced the completion of US$2 million in financing, led by Synthetix founder Kain Warwick, Daedalus, and Decentraland co-founder Esteban Ordano, with participation from Bodhi Ventures, Newtopia, NXTP Ventures, Kaszek Ventures and others.