What is EVAA Protocol (EVAA)?

Deep Dive

1. Purpose & Value Proposition

EVAA solves fragmented DeFi access by embedding financial services directly into Telegram. Users supply assets to earn interest (e.g., up to 54% APY for stakers) or borrow via overcollateralized loans, eliminating intermediaries. Future upgrades target undercollateralized loans using Telegram’s social graph and cross-chain card payments. Its value lies in tapping Telegram’s 900M+ users for frictionless DeFi adoption (CoinMarketCap).

2. Technology & Architecture

Built on TON blockchain, EVAA uses smart contracts for non-custodial asset management. Telegram Mini Apps handle user interactions (e.g., @EvaaAppBot), while cross-chain swaps bridge TON/BNB without external bridges. Security is enforced via audits by Quantstamp and Trail of Bits, with TON Space wallets ensuring self-custody.

3. Tokenomics & Governance

The deflationary $EVAA token (50M max supply) powers governance: holders vote on risk parameters, collateral types, and treasury management. Protocol revenue funds buyback-and-burn mechanics, while staking offers yield boosts. Token utility includes fee discounts and DAO participation, aligning incentives across users (EVAA Documentation).

Conclusion

EVAA Protocol fundamentally reimagines DeFi accessibility by merging Telegram’s reach with TON’s efficiency, positioning $EVAA as a governance backbone. How might its planned social-graph-based undercollateralized loans reshape lending risks in 2026?