Exactly is going to be a decentralized, autonomous, non-custodial and open-source protocol that will bring the missing link to the DeFi credit market, enabling users to frictionlessly exchange the time value of their assets at a fixed or variable interest rate.

The protocol will enable users to take loans and make deposits at a fixed interest rate under various maturity dates through the interaction with Fixed Rate Pools representing different terms. Fixed interest rates will be determined based on the specific utilization rate at the time of the transaction.