What is EVAA Protocol (EVAA)?

Deep Dive

1. Purpose & Value Proposition

EVAA Protocol exists to bring decentralized finance (DeFi) tools to Telegram's vast audience. It solves the problem of DeFi complexity by integrating a full lending market directly into the messaging app users already have. This positions EVAA as TON's foundational lending hub, aiming to onboard millions to simple yield-earning and borrowing (CoinMarketCap).

2. Ecosystem Fundamentals

The protocol operates as a non-custodial money market. Lenders deposit supported cryptocurrencies like TON, USDT, or NOT into liquidity pools to earn passive interest. Borrowers can access loans by providing collateral, typically up to 75% of its value, which secures the loan against price drops. A key feature is the planned EVAA Card, designed to let users spend against their deposits without triggering liquidation.

3. Tokenomics & Governance

The $EVAA token has a total supply of 50 million with a controlled, linear release schedule to manage inflation. Its primary utilities are governance—allowing holders to vote on protocol upgrades—and value accrual. A portion of protocol revenue automatically funds a buyback-and-burn process, aiming to create scarcity and align token value with platform usage (CoinMarketCap).

Conclusion

EVAA Protocol is fundamentally a Telegram-native gateway to DeFi, combining a secure lending market with community-driven governance through its $EVAA token. Can its seamless in-app experience successfully bridge Telegram's hundreds of millions of users into the world of decentralized finance?