Exactly DAO Continues EXA Token Buyback Program Progress
Exactly DAO Continues EXA Token Buyback Program Progress
π EXA Buyback Milestone
Exactly DAO Treasury completed another buyback of 15,986 EXA tokens, bringing the cumulative total to 92,458 EXA tokens acquired.
This represents 76% progress toward the 122,000 EXA token target approved in EXAIP-25.
Recent DAO improvements include:
- Streamlined asset management structure
- Treasury Multisig: handles treasury fees, sends 50% of USDC fees to EXA stakers
- Savings Multisig: manages other DAO assets (USDC, EXA, etc.)
The buyback program demonstrates consistent execution of the approved governance proposal, with regular token acquisitions supporting the protocol's tokenomics.
The Exactly DAO Treasury multisig has completed a new buyback of 22,312 EXA tokens. Cumulative so far: 76,471 EXA acquired of the 122,000 EXA tokens approved in EXAIP-25.
[EXAIP-25] Buyback of EXA Tokens has been successfully approved and will be implemented this week.
Weβre streamlining DAO asset management to have a clearer structure and better transparency for the EXA community: 1. The Treasury Multisig: dedicated to receiving Treasury Fees and sending 50% of USDC fees to EXA stakers. app.safe.global/home?safe=oethβ¦ 2. The Savings Multisig: the
The Exactly DAO Treasury multisig has completed a new buyback of 15,986 EXA tokens. Cumulative so far: 92,458 EXA acquired of the 122,000 EXA tokens approved in EXAIP-25.
[EXAIP-25] Buyback of EXA Tokens has been successfully approved and will be implemented this week.
Exactly Protocol Bridges to Base via Hyperlane
Exactly Protocol has completed a bridge transaction to Base using Hyperlane infrastructure. The transaction was recorded on June 30, 2026, marking the protocol's cross-chain expansion. **Key Details:** - Bridge executed through [Hyperlane](https://explorer.hyperlane.xyz/message/0xb88c0dfdfe29ab093f3b5752c411e2f57e172e68181e88274ae2bd3eecb8b448) - Destination: Base network - Part of ongoing Superchain integration This follows Exactly's earlier announcement of Hyperlane support for Superchain bridging.
ABDK Consulting Completes Independent Audit of Cross-Chain Implementation
**ABDK Consulting has finalized an independent security audit** of a cross-chain implementation, with the full report now available on GitHub. **Key Details:** - The audit was completed on June 30, 2026 - Full documentation is accessible at: [ABDK EXA token cross-chain audit report](https://github.com/exactly/audits/blob/main/ABDK%20EXA%20token%20cross-chain%20(Mar-26).pdf) - This follows a pattern of security audits for cross-chain architectures in the DeFi space The completion of this audit represents an important step in validating the security of cross-chain token implementations.
π΅ EXA Token Goes Live on Base Network
**EXA token has been deployed on Base**, maintaining the same contract address as on OP Mainnet for consistent cross-chain identity. **Key Details:** - Contract address: [0x1e925de1c68ef83bd98ee3e130ef14a50309c01b](https://basescan.org/address/0x1e925de1c68ef83bd98ee3e130ef14a50309c01b) - Deployment approved through EXAIP-30 governance proposal - Total supply remains fixed at 10M EXA tokens across both Base and Optimism - No additional tokens will be minted from this deployment The cross-chain expansion completes the protocol's multi-chain strategy while preserving the token's total supply cap.
Exactly DAO Approves Protocol Split: Decentralized Core + Consumer App
The Exactly DAO has approved **EXAIP-32**, a proposal that formally splits the project into two entities: - **Exactly Protocol** remains decentralized and DAO-governed - **NewCo** will operate the Exa App as a consumer-facing application designed to scale This reorganization, which was put to vote on May 16th, formalizes a structure where the protocol maintains its decentralized nature while enabling a separate company to build and scale consumer products on top of it. The approval follows the recent DAO decision to deploy the EXA token on Base, signaling continued development across both the protocol and application layers.
π cbXRP Cap Hits $1.5M
Following community approval of EXAIP-31, Exactly has successfully increased the cbXRP supply cap to $1.5 million on Base. **Key Details:** - Implementation completed on April 28, 2026 - Transaction verified on [Base blockchain](https://basescan.org/tx/0xc691c75bbecea2d237f15a4ae625d1c51d6f77e2651bbc2c2d78e100df4319e4) - Further increases planned over coming weeks, targeting $15M total cap **Timeline:** - April 18: Proposal introduced - April 25: Community vote passed - April 28: Implementation executed This expansion allows more users to utilize cbXRP as collateral within Exactly's lending protocol.