In this presentation we introduce a new decentralized, non-custodial and open-source protocol that will provide an autonomous interest rate market to lenders and borrowers while setting interest rates based on credit supply and demand, enabling users to frictionlessly exchange the time value of their crypto assets at both variable and fixed interest rates for the first time in DeFi. Aside from taking loans and making deposits at variable interest rates from a Variable Rate Pool, this protocol enables users to do so at fixed rates as well through the interaction with several Fixed Rate Pools, each one representing a specific maturity date. Interest rates are determined based on the credit utilization rate of each Fixed Rate Pool.

1. @GabrielGruber
Founder
𝚵xact.ly
ETH Barcelona
July 8, 2022
10am CET
Decentralizing the
time-value of money

2. 2
Why we do it?

3. 3
Credit is part of everyone’s life

4. For example: Alice, Bob and Cata
Bob
Cata
4
Fixed monthly salary
● They can’t pay a
variable interest
rate loan that
changes every 13
seconds.
Alice
● They can pay a
fixed interest
rate loan for a
number of
month/years.
❌
✅

5. Alice, Bob and Cata @Spain: 7%
5

6. 󰎆
Alice, Bob and Cata @Argentina: 63%
6

7. Why does this happen?
7

8. Can crypto solve this global problem?
8

9. In 2008, the Bitcoin Blockchain decentralized trust with a single crypto
currency: Bitcoin
How it started: Bitcoin
9

10. In 2014, the Ethereum blockchain decentralized trust with a single virtual
machine that can run smart contracts like tokens, NFTs and DAOs.
How it’s going: Ethereum
10

11. We have a global decentralized layer
11

12. A new global decentralized credit mkt
12

13. 1st
. Complete the DeFi credit mkt
13
Variable
Interest
Rate
Fixed
Interest
Rate
Deposit
Borrow
Deposit
Borrow
Compound
AAVE
Notional
Yield
Element
Pendle Exactly

14. 14
Variable
Interest
Rate
Fixed
Interest
Rate
Deposit
Borrow
Deposit
Borrow
Compound
AAVE
Notional
Yield
Element
Pendle Exactly
1st
. Complete the DeFi credit mkt

15. 15
Variable
Interest
Rate
Fixed
Interest
Rate
Deposit
Borrow
Deposit
Borrow
Compound
AAVE
Notional
Yield
Element
Pendle Exactly
1st
. Complete the DeFi credit mkt

16. Variable
Interest
Rate
Fixed
Interest
Rate
Deposit
Borrow
Deposit
Borrow
Compound
AAVE
Notional
Yield
Element
Pendle Exactly
16
1st
. Complete the DeFi credit mkt

17. The Complete
DeFI Credit Mkt
17
Fits in Exactly
one protocol

18. The Exactly Protocol Approach
Variable
Interest
Rate
Fixed
Interest
Rate
Interest
Rate Discovery
DeFi
Protocol
Exactly
Multiple
Utilization Rates
One
Utilization Rate
Compound
AAVE
Element
Pendle
Notional
Yield
One Maturity
Token
Two Maturity
Token
18

19. 19
With a New Interest Rate Model

20. 20
Our Variable Rate Pool

21. 21
Our Variable and Fixed Rate Pools

22. 22
Working together with 5 top auditors

23. Blockchain
Exact.ly
DeFi
whales
Aggregators
Other Protocols
Wallets
Exchanges
Fintechs
Banks
DeFi
users
Crypto
users
Alice,
Bob &
Cata
Exactly v1.0
L1
Exactly v2.0
L2+DAO
Exactly v2.1
Credit Scoring
Our roadmap to Alice, Bob and Cata
23
🐋 󰔨
�� ��

24. How the future of credit looks like?
24

25. Wen Mainnet? Soon
25

26. Wen White Paper? Now
26
📄

27. Wen Testnet Live Demo? Now
27

28. Wen POAP? Now
28

29. Thanks!

30. Disclaimer
30
This presentation is for general information purposes only. It does not constitute investment advice or a
recommendation or solicitation to buy or sell any investment and should not be used in the evaluation of the merits
of making any investment decision. It should not be relied upon for accounting, legal or tax advice or investment
recommendations. This presentation reflects current personal opinions of the author and are subject to change
without being updated.