what's EVAA Protocol?
EVAA Protocol is a decentralized lending platform designed to facilitate borrowing and lending of digital assets within the blockchain ecosystem. Initially built on The Open Network (TON), it enables users to supply liquidity and earn yields while borrowers access funds against collateral. The protocol emphasizes security, efficiency, and user accessibility, integrating seamlessly with Telegram's ecosystem to onboard millions of users through mini-apps and bots. Expanding to a multi-chain architecture, EVAA now operates on Binance Smart Chain (BSC) alongside TON, allowing cross-chain functionality and broader DeFi participation. It supports various assets for lending and borrowing, with mechanisms for interest rate models and liquidation processes to maintain protocol solvency. Governance features empower the community to influence protocol upgrades and parameters. EVAA's core token, EVAA, powers the ecosystem by enabling staking for rewards, governance voting, and fee discounts. The protocol prioritizes real yield generation from protocol revenues, which fund buybacks and burns to enhance token value over time.
EVAA Protocol is raising $1.5M-$2M seed at $18M valuation, with prior pre-seed and VC backing.
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Featured in a TON ecosystem educational video series (TON 101 - Episode 2) as an example of lending and borrowing protocol, with a demonstration of its core functionality.
Published details on collaboration with Pyth Network to bring fully on-chain price feeds to TON.
Raising $1.5M–$2M in seed round at approximately $18M valuation.
Closed pre-seed funding round in summer 2023.
Received investment from TON Ventures, WAGMI VC, and CMT Digital.
Listed on Kraken exchange.
Bybit adjusts risk limits for EVAAUSDT perpetual contracts.
EVVA grouped with tokens showing market maker manipulation through cross-venue arbitrage execution, with trader warning these market structures are designed to become wastelands and are candidates to short to zero once the opportunity presents.
Records $124k in smart money accumulation over 24 hours, leading all monitored tokens in sophisticated investor inflows.
A crypto trader identifies EVAA among 20+ coins experiencing inorganic/engineered squeezes with low mindshare during October.
Executes $10M token burn transaction and reports $1.4B in processed volume with $118M+ in all-time high deposits across 300K+ wallets.
Introduces AI-powered credit facility enabling users to borrow up to 1,000 USDT without collateral through the app.
EVAA gains 52.2% over the past 7 days, ranking as the 3rd top gainer among listed cryptocurrencies.
EVAA features among top 5 coins with explosive volume, showing -10% price movement.
Binance Alpha hosts BNB Smart Chain Trading Competition featuring EVAA alongside KLINK and BTG with $1.6M in total rewards.
Ranks #1 on CoinGecko's trending list in the past 3 hours.
HTX exchange hosts EVAA/TURTLE futures trading contest with $20,000 rewards through October 30th.
Ranks #3 in Top 20 Trending Coins on CoinGecko this week.
Noir vouchers trade at 20 TON, representing 2x premium over locked EVAA tokens, with vouchers locking 15 (Noir), 150 (Azure), or 1500 (Solar) tokens.
EVAA surges +80% to reach $56M market cap and appears on hot coins lists.
The token currently has a 171% APR funding rate on Binance Futures.
Listed on Binance Alpha exchange and reached new all-time high despite difficult market conditions.
Listed on MEXC exchange, resulting in a 2x price pump.
Protocol has processed $1.4B+ in transactions with 300K+ wallets onboarded and is evolving into a DAO-driven liquidity layer; $EVAA token features buyback & burn mechanism and staking yields.
EVAA listed as one of the notable top movers on BSC.
EVAA appears in hot coins list, showing current market interest.
Ranks as one of the top trending tokens worldwide on CoinMarketCap and CoinGecko platforms.
Token currently trades at approximately $40M market capitalization.
EVAA, the leading lending protocol on TON, secures Binance Alpha and Binance Futures listings on its token launch day.
Binance Futures listing confirmed on day 1 of token launch, adding to previously announced exchange listings.
Token achieved 3x price increase immediately following its launch on exchanges, with reports of record-breaking performance.
Listed on Binance Alpha and MEXC exchanges. Future roadmap includes card payments linked to DeFi yield and undercollateralized loans via social graph.
Protocol reports $118M in deposits across 300K wallets with $1.4B transaction volume and projects $3M annual revenue that can fund DAO buybacks and burns. Backed by TON Ventures, CMT Digital, and Animoca Brands with audits from Quantstamp and Trail of Bits.
EVAA Protocol, the leading lending platform on TON with $118M+ in deposits and 300K+ wallets, launches its token with 13.38% circulating supply at TGE, backed by TON Ventures, CMT Digital, and Animoca Brands. The protocol has already processed $1.4B+ in transaction volume and projects ~$3M in annual revenue with plans for token buybacks and burns.
Gate Futures lists EVAA/USDT perpetual contract on October 3rd at 10:10 AM UTC with 1-20x leverage support.
EVAA Protocol lists on Binance Alpha on October 3 with airdrop claims available through Alpha Points for eligible users once trading opens.
TGE is scheduled for October 3rd, and Season 2 of mining program launches with rewards for depositing or borrowing USDT and USDe.
Integration with Ethena Labs offers 20% APY boost on tsUSDe through multiple DeFi platforms until September 25th.
Staking protocol achieves 61.5M TON TVL with 100K users, introduces 0.37% APR borrowing against tsTON collateral.
$6000 prize pool announced for building Dune Analytics dashboard, with submissions due April 13th.
Protocol launches Phase 2 mainnet with 100x leveraged yield farming and fixed-rate yields through new Principal and Yield tokens.