Introduction

EVAA is a Telegram-based decentralized liquidity protocol on TON Blockchain that allows users to act as depositors, earning passive income by providing liquidity, or as borrowers, who can secure overcollateralised loans.

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This links to the key resources related to EVAA.

Why Choose EVAA?

EVAA is the #1 lending protocol on TON. The protocol will be fully open-source, enabling interaction with smart contracts on the TON network. This openness allows developers to build third-party services or applications that enhance the EVAA ecosystem.

How to Use the EVAA Protocol?

Supply your chosen asset and amount. Your supplied assets earn passive income based on market borrowing demand. These assets can serve as collateral, allowing you to borrow. The interest earned from supplying helps offset any interest accrued from borrowing.

What Are the Costs?

EVAA incurs minimal transaction fees for TON Blockchain usage, which are low compared to other networks. Additionally, there is a Borrow Origination Fee of 0.30%.

Where Are My Funds Kept?

Your funds are held in a smart contract. The contract's code will be public, open-source, formally verified, and audited by a third-party. You can withdraw your funds from the pool at any time.

Are There Risks?

EVAA has taken measures to minimize smart contract vulnerability risks, including ongoing bug bounty campaigns at HackenProof. EVAA is undergoing a security audit by Quanstamp, demonstrating our commitment to user asset protection. For more details, refer to our risk framework.

For more information about EVAA and our ongoing initiative, we invite you to explore the following resources:

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