According to BlockBeats news on November 22, the DeFi project Exponent on the Solana chain announced the completion of a $2.1 million financing round, led by RockawayX, with participation from Solana Ventures, Cherry Ventures, Mechanism Capital, Robot Ventures, and others.

It is reported that Exponent's flagship product, Income Tokens, introduces a new asset class to Solana DeFi. Regardless of market fluctuations, they allow participants to earn fixed income on Solana (for example, on lending protocols).