This session was a part of the #CommunityThursday series. Alexander, who has won and been a finalist at numerous @HackaTONx events, provided invaluable insights.
The lending protocol is based on two groups of users - those who provide funds to the protocol and others who borrow and pay interest to the former group. The protocol itself oversees the relationship between these groups. The entire mechanism is decentralized and functions based on FunC Smart Contracts.
Imagine a user #hodling @TONcoin, who wishes to purchase something but doesn't want to sell their coin. They can deposit their $TON into EVAA and use the coin as collateral to borrow stablecoins.
Users can establish βleveragesβ: deposit $TON, borrow stablecoins, purchase more $TON, and then utilize a credit lever.
The blockchain requires such a protocol as it forms the basis of any DeFi ecosystem, just like a DEX. Other tools evolve from DEX and lending protocols. Yes, some functionalities, such as staking, can operate without it, but they are not comprehensive.
The team is developing an SDK based on EVAA, which will become the foundation for other protocols. Moreover, the SDK will facilitate the protocol's integration into ecosystem wallets, like @Tonkeeper and @Wallet. Most importantly, it aims to create single-button solutions for everyday users in @Telegram.
The protocol's code acts as its defense mechanism. It undergoes internal testing and developer audits, in addition to external auditing companies that scrutinize the protocol for vulnerabilities.
Together, these measures ensure EVAA's security
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Join us today at 20:00 GMT+3 for an enthralling podcast session with Mr.Proton and Alexander, the core contributor of the EVAA protocol - the pioneering TON-lending protocol.
Catch us live at the link below:
https://t.iss.one/mrprotonshow?livestream
See you there!
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Evaa Protocol has secured a pre-seed investment from Existential Capital, opening doors for more innovation and growth of The Open Network.
Briefly about Existential Capital:
Welcoming Us to the exst.vc family:
πΉUncover the details of this partnership in our article on the Evaa's Blog about Existential Capital and the stellar projects in their fold from TON and Polkadot Ecosystems!
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Eugene, core-contributor and proud evaangelist, will be diving deep into the world of web3 mass adoption at the upcoming @toncoin workshop for the great @innmind community of Web3 Startup Founders and VCs.
Want to see how to tap into the potential of 800M+ @telegram users using @wallet and exploring #TheOpenNetwork DeFi 1.0 with @evaaappbot?
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Forwarded from Tonstarter
π Applications will be accepted until September 6, after which we will give access to the sale. Angel round participants will also get access to the Evaa Protocol Beta Mainnet, which will be launched on September 18!
Learn more about Evaa Protocol and sign up for the waitlist hereπ.
Open Builders | Chat | Twitter π
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Forwarded from Tonstarter
π Angel round of Evaa Protocol project is open now! Waitlist participants have a priority queueπ₯
Great news: you can participate in this round with TON, USDT (TRC20) and USDC (ERC20)
πTo learn more about token sale and to participate, visit Tonstarter!
Open Builders | Chat | Twitter π
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Clarification of the last repost
Dear EVAAngels, From the 6th to the 24th of September, we're embarking on a pivotal phase in our journey, and we genuinely want you to be a part of it. We're launching our Angel Investment Round, and with it, an opportunity to truly become a part of EVAA.
For further insights and to explore this unique opportunity, please visit the LINK
Your trust and support have always been our guiding stars. Let's continue this remarkable journey together and make a lasting impact on the world of DeFi.
With love,
EVAA team
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From today not only whitelist participants can take part in the community round but everyone
JOIN THE ROUND
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TON and EVAA visit Token 2049
The TON Foundation and Evaa Protocol are both attending @Token2049Official, the premier crypto event in Singapore.
π TON is a scalable blockchain platform designed to support mass adoption
π₯ Evaa Protocol is the first lending protocol on TON integrated into @Telegram
At Token 2049, the TON Foundation and Telegram Messenger made an important announcement that will have a significant impact on the DeFi space:
π @Telegram, with 800 million users, is launching a self-custodial crypto wallet, TON Space, developed by the Open Network Foundation. This move aims to strengthen its ties with the crypto community on its platform. TON Space will launch in November.
@EvaaAppBot team is also excited to share, that the core-contributors @alexuniverse12 and @cyber_ea, are ready to meet.
β‘οΈ To get the news first, complete this quest: @community_bot/bignews
See you there, EVAAngelists!
The TON Foundation and Evaa Protocol are both attending @Token2049Official, the premier crypto event in Singapore.
At Token 2049, the TON Foundation and Telegram Messenger made an important announcement that will have a significant impact on the DeFi space:
@EvaaAppBot team is also excited to share, that the core-contributors @alexuniverse12 and @cyber_ea, are ready to meet.
See you there, EVAAngelists!
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EVAAngelists
Thank you for always supporting us, together, we're starting a new TON DeFi chapter
Stay tuned, stay decentralised
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Hey EVAAngelist, guess what? Out of our big 180k waitlist, 500 of you just got a cool NFT in our bot. This isn't just a fancy picture; it's your pass to try out EVAA's beta mainnet on TON. The holders will be the first who will able to access the beta version of EVAA protocol
More NFT Fun Ahead: Soon, you can get mix this NFT with others you get from being awesome on EVAA. Think of it as leveling up your NFT game!
What To Do: Pop into the bot @evaa_waitlist_bot and see if you're one of the lucky 500. If you are, claim that NFT!
Thanks for being amazing. Stay tuned for more fun stuff!
https://getgems.io/collection/EQCCqt3Qd47iQeV2Y38X0dqD6FqhysTXtH1bB11qCJyyGG8G#items
With Love β€οΈ,
EVAA team
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EVAAngelists, weβre overwhelmed by your support for our exclusive NFT collection!
As we ride this wave of excitement, we want to ensure your safety and share some crucial updates
Our official collection is here:
https://getgems.io/collection/EQCCqt3Qd47iQeV2Y38X0dqD6FqhysTXtH1bB11qCJyyGG8G#items
Now, diving into the main pointers:
- Items: 393
- Floor Price: 58 TON
- Total Volume: 3.4K TON
Top Holders:
1. Nick Nekilov: 12 items, owning 3.05%
2. Jordan Belfort: 7 items, owning 1.78%
3. EQBJruFsHdE9-UMMHKNf_drHmkCjOxhGRrh5d75ZwnJnTrJz: 5 items, owning 1.27%
4. Cryptoghost: 4 items, owning 1.01%
5. Sicario: 4 items, owning 1.01%
Thank you for being the awesome core of our community!
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Telegram
EVAA
Boost this channel to help it unlock additional features.
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We want to create the most secure and efficient environment for TON community. This extra time will allow us to optimize every aspect of our FunC codebase, making @EvaaAppBot more resilient and user-friendly based on your valuable insights.
This is a golden chance for TON-explorers to join the last days of EVAAβs TESTNET, share insights in this FORM, and grab an exclusive Evaa Testnet NFT Card for the best reviews and testnet participation, embrace the spirit of Evaangelism, and become integral parts of our unique testing team.
Owning an Evaa Testnet NFT Card isnβt just cool, itβs your ticket to special rewards, experiencing new features first-hand and contributing to the evolution of the EVAA ecosystem!
If youβre new or less technically inclined, no worries! The TESTNET phase is our playground where we test and refine the features of our protocol and @EvaaAppBot. Itβs crucial, fun, and #EveryoneCanContribute! Just follow this TESTNET Guide to start your journey.
What are your thoughts on this? Any questions or suggestions? Drop them below! Weβre here to chat and make @EvaaProtocol unstoppable together!
Letβs build, letβs connect, and letβs make #EVAA Ecosystem Unstoppable!
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EVAAngelists, exciting times ahead! We have already dropped the final version of our testnet in your @EvaaAppBot
We're counting on our community. Dive into the testnet, push its limits, and HODL onto any feedback you've got. Your insights are the crypto fuel that drives our innovation.
Keep hodling, keep testing, and keep the feedback rolling!
Cheers to the moon
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First up will be holders of our EVAA Mainnet Card, which can be traded on GetGems. They will become our first mainnet testers and might be eligible for a special reward for this.
Thank you for being with us!
Buidl and hodl
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