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EVAA

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Category: Decentralised Borrowing & Lending
TVL: $11M

Description

EVAA is a decentralized liquidity protocol on the TON blockchain that allows users to supply assets to earn interest or borrow against posted collateral through smart contracts. The protocol supports TON native assets, jettons, and select wrapped assets. Users interact via a web application or a Telegram Mini App. Loan positions require overcollateralization, interest rates are set algorithmically, and Pyth Network oracle feeds are used for asset pricing. An integrated swap aggregates DEX liquidity on TON, and a crypto card option allows users to spend against deposited balances.