Understanding The Protocol

Essentially, EVAA is a decentralized platform for lending and borrowing, using FunC smart contract tech and automated processes.

How does the EVAA protocol operate?

EVAA lets users easily deposit assets for others to borrow with collateral.

Interest rates change based on demand and supply, guaranteeing fair rates. If borrowers can't keep enough collateral, an automatic system protects lenders by liquidating.

Use cases: real-world application of the protocol

EVAA has many uses.

Individuals can earn interest or borrow without selling assets.

Businesses can use it for better money management or to protect against market shifts.

Developers can also integrate EVAA's functions into their decentralized apps (DApps).

Why does $TON need a lending protocol?

Though TON was strong, it had no built-in way for decentralized lending, limiting its financial growth. EVAA provides a safe, easy platform for users to use their assets. This boosts TON's value in the larger crypto world.

Telegram Integration

Evaa & Telegram: Exploring the synergy

The partnership between Evaa and Telegram isn't just technical. It's about uniting communities, enhancing user experience, and opening DeFi to many. With Telegram's widespread reach, EVAA can connect with users in new ways in the DeFi world.

The role of Telegram bots like @EvaaAppBot and @evaa_waitlist_bot

Bots make user interactions easier within Telegram. The @EvaaAppBot lets users manage their EVAA accounts, check balances, and even start lending or borrowing. Meanwhile, the @evaa_waitlist_bot organizes queues, giving orderly access, especially when it's busy. These bots improve user experience, showing the creative blend of DeFi in a messaging app.