The decentralized lending protocol, Exactly Protocol, has completed a $2 million financing round with participation from investors such as Bodhi Ventures

The decentralized lending protocol Exactly Protocol, based on the Ethereum mainnet, announced the completion of a $2 million financing round. Investors include Bodhi Ventures, Newtopia, NXTP Ventures and Kaszek Ventures, as well as Synthetix founder Kain Warwick and Decentraland co-founder Esteban Ordano. The new funds will support its launch on the Ethereum second layer network Optimism in the coming months. It aims to provide borrowers and lenders with DeFi credit functions that support floating and fixed interest rates through open-source non-custodial DeFi protocols.