Convert Exactly Protocol EXA to EURØP EUROP

What is the project about? Exactly is a decentralized and open-source DeFi protocol that allows users to exchange the value of their crypto assets through deposits easily and borrows with variable and fixed interest rates. What makes your project unique? Unlike other fixed rate protocols that determine fixed rates based on the price of various maturity tokens, Exactly Protocol is the first to determine fixed rates based on the utilization rate of pools with different maturity dates. This means the protocol does not need a custom AMM to trade maturity tokens; it only needs a variable rate pool that consistently provides liquidity to the different fixed rate pools. History of your project: Exactly Protocol was started in July 2021, launched to Ethereum Mainnet in November 2022, and to Optimism in March 2023 by a team of stakeholders with software, economics, finance, and math expertise. Exactly was funded by long-term capital partners with a track record of alignment with Web2 and Web3 ecosystems. Some of our current investors are Kazsek, BairesDAO, NXTP, Newtopia, Kain Warwick (Co-Founder of Synthetix), Esteban Ordano (Co-Founder of Decentraland), Matias Woloski (Co-Founder of Auth0), Daedalus among others. What’s next for your project? Continue growing following Optimism’s Superchain approach and partner with web3 projects and web2 fintech in the long term to bring the benefits of Defi to the end-user. What can your token be used for? (Utility, NOT tokenomics) The EXA token serves as the governance token of Exactly Protocol, granting holders the right to vote on proposals for changes and upgrades in the protocol. EXA holders will wield power over the Exactly Protocol’s treasury, risk management, and smart contract upgrades.

EURØP is a euro-denominated stablecoin that is secure, transparent, MiCA compliant and redeemable 1:1 for euro. It is issued by France’s licensed stablecoin issuer and regulated by the French banking regulator ACPR. Every EURØP is 100% backed by euro. The cash reserves backing EURØP are held in government-supervised EU banks such as Société Générale and audited by a leading global audit firm, KPMG. EURØP is bringing the euro back to the forefront as financial services transition on-chain. It offers everyone in Europe who is using digital assets or moving their financial services on-chain an ideal alternative to USD-based stablecoins. EURØP enables global euro users to transact in their native currency without the risks of foreign exchange and conversion fees. EURØP is your go-to choice for DeFi, payments, on-chain FX, lending, and borrowing. Thanks to its stability pegged to the euro, it also serves as an ideal safe haven during market volatility.