Exactly Protocol DAO Completes 1M EXA Token Transfer to Uphold
Exactly Protocol DAO Completes 1M EXA Token Transfer to Uphold
๐ฐ Million Token Mystery Unfolds
The Exactly Protocol DAO has executed a significant token transfer as part of EXAIP-21:
- 500,000 EXA tokens transferred to Uphold's market-making wallet
- Additional 500,000 EXA tokens allocated through a 3-year linear stream
This transfer follows Uphold's strategic investment proposal from February, which included:
- 2M USDC investment into Exactly DAO Treasury
- Integration of Exa App and Exa Card with Uphold App
- Focus on expanding institutional adoption
The Exactly Protocol DAO has completed the transfer of 1 million EXA tokens to @UpholdInc as part of EXAIP-21: 1. 500,000 EXA transferred to Uphold's market-making wallet. 2. 500,000 EXA allocated in a linear stream over 3 years for Uphold. Transaction: optimistic.etherscan.io/tx/0x250591d7aโฆ
Happy to announce that Uphold has completed our $2M investment in the Exactly Protocol. Pumped to partner with strong entrepreneurs like @GabrielGruber and bring finance on-chain in a big way! @ExactlyProtocol
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.
๐ต 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.
๐ 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.