EVAA Protocol: Unlock DeFi Yield & Lending with EVAA Token

If you’re excited about the next wave of DeFi innovation, you’ll want to take a closer look at EVAA Protocol. Imagine earning yield, making payments, and taking loans—all seamlessly inside your favourite chat app. That’s exactly what EVAA Protocol is building: a liquidity protocol layered over Telegram that streamlines DeFi for everyone. With over $30 M in deposits and more than 300,000 users, its traction speaks volumes.

The native EVAA Protocol token powers the ecosystem—governance, staking, rewards—creating real utility rather than just hype. In this article, we’ll go deep: what EVAA Protocol is, how it works, tokenomics, use-cases, and why it could matter for the future of crypto finance. Get ready to explore the mechanics of “DeFi-in-chat” and how you can plug in.

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What Is EVAA Protocol?

The EVAA Protocol is a next-generation liquidity protocol built on the TON Chain and integrated into the Telegram ecosystem. It is designed to allow users to deposit assets, earn yield, make payments, and access loans—all via a seamless chat-app experience. According to its official website, users can “deposit, earn or select a loan amount, and enjoy fast and simple lending on TON and Telegram.” As such, EVAA Protocol positions itself as the first decentralized lending protocol in the TON/Telegram environment, offering a DeFi “super-layer” within a familiar messaging interface.

Value Proposition: Simplicity Meets DeFi

At its core, EVAA Protocol addresses one of the most significant barriers in decentralized finance (DeFi): user experience. Traditional DeFi tools frequently require users to navigate wallets, browser extensions, multiple chains, and sometimes cryptic interfaces. EVAA Protocol simplifies this by bringing the experience into Telegram, a platform many users already use daily. The advantages include:

• Ease of use: Onboarding via Telegram mini-apps or the web front-end removes cumbersome installations or extensions.
• Instant access: Users can interact with their assets, earn yield, or obtain loans from within chat, lowering the barrier to entry for non-technical users.
• Integrated payments and loans: Beyond just savings or lending, EVAA Protocol intends to enable payments, card services, and non-collateralised loans in the future, broadening utility.
• Mass-market potential: Because Telegram has a huge user base globally, embedding DeFi inside it may open the door to everyday users who might never touch a traditional DeFi interface.

By combining the familiarity of a chat app with the power of DeFi primitives (yield, loans, payments), EVAA Protocol tries to make crypto finance accessible to a wider audience.

The Wider DeFi Context — And How EVAA Fits In

The broader DeFi ecosystem has seen tremendous growth over recent years: yield farming, lending protocols, decentralised exchanges, and composable ecosystems. Yet many of these innovations remain niche—often limited to crypto-native users comfortable with wallets, private keys, network fees, and complex UI. The challenge has been user experience and accessibility.

EVAA Protocol addresses exactly this pain point by lowering the UX barrier: embedding DeFi into a mainstream app, simplifying interactions, and reducing the friction for new users. In doing so, it aims to bridge the gap between crypto-natives and mainstream users. The embed in Telegram means users don’t need to download special apps or learn new interfaces—they can use the familiar chat environment.

Furthermore, as DeFi continues evolving—more chains, more features, more complexity—the value of a simplified, integrated front-end becomes even more important. EVAA’s strategy of using Telegram plus TON offers a differentiated positioning: instead of building yet another app, build inside the app people already use.

Key Metrics and Highlights

According to public sources and the project website, EVAA Protocol has achieved several noteworthy milestones:

• At its peak, the total deposit volume reached US$118 million+.
• It has engaged over 300,000 unique wallet connections.
• Cumulative transaction or volume processed reportedly exceeds US$1.4 billion+.
• According to analytics on DefiLlama, the current TVL (Total Value Locked) is around US $22.6 million, with approximately US $15.66 million locked on TON and borrowed volume around US $6.93 million.

These figures provide a tangible snapshot of traction: hundreds of thousands of wallets, large volumes of activity, and substantial deposits. While the TVL number may appear modest compared to the very largest DeFi protocols, the uniqueness lies in the integration with Telegram and TON, focusing on accessibility rather than purely size.

EVAA Protocol is a strong example of the next wave of DeFi evolution—one that emphasises user-friendly design, embedded interfaces, and mass-market reach. By marrying the functionality of yield, payments, and loans with the convenience of Telegram, it seeks to bring DeFi closer to everyday users. And its public metrics underscore that the approach is already gaining traction.

Core Features & Functionality of EVAA

EVAA Protocol is designed to make decentralized finance (DeFi) more accessible and intuitive by combining yield-earning, lending, and payments within the Telegram ecosystem. Built on the TON blockchain, EVAA Protocol simplifies the DeFi experience by embedding financial tools inside a familiar chat interface, lowering the barriers to entry for everyday users.

Yield-Earning: Passive Income Made Simple

EVAA Protocol allows users to earn yield by depositing supported assets directly through the Telegram Mini App or web interface. Once deposited, funds are pooled into smart contracts where they generate interest from lending activity. This process enables users to earn passive income without managing multiple wallets or interacting with complex DeFi dashboards.

EVAA Protocol recently partnered with FIVA, a yield tokenization platform on TON, to enhance its yield options. This integration splits deposits into two types of tokens:

• Principal Token (PT): Offers predictable, fixed income.
• Yield Token (YT): Provides variable, leveraged returns for users seeking higher yields.

This dual-token system gives users flexibility in managing risk and reward, making EVAA suitable for both conservative and advanced DeFi participants.

Lending & Borrowing: Secure and Transparent

The lending module within EVAA Protocol is built to support over-collateralized loans, ensuring borrower obligations are safely backed by on-chain assets. Users can borrow by locking collateral, while lenders earn interest on their supplied liquidity.

Key aspects of EVAA’s lending feature include:

• Streamlined process: Borrow, lend, or repay directly through Telegram or the web app.
• Risk isolation: Separate liquidity pools minimize the risk of contagion between different assets.
• Future expansion: The roadmap includes non-collateralized lending, which will enable more flexible access to credit.

By automating loan execution via smart contracts and maintaining transparency on the TON blockchain, EVAA Protocol ensures both safety and efficiency.

Payments & Integrations: DeFi in Everyday Use

One of EVAA’s most distinctive innovations is its deep integration with Telegram, transforming it into a hub for financial transactions. Through the EVAA Telegram Mini App, users can manage deposits, yield, and loans—all inside their chat window.

Additionally, EVAA’s roadmap highlights:

• EVAA Card: A planned payment solution that allows users to spend their crypto while still earning yield.
• Wallet integrations: Support for TON-native wallets such as TON Space and other compatible wallets.
• Cross-chain assets: Wrapped tokens from BNB and other networks will further expand usability.

This unified system enables users to move seamlessly between DeFi and real-world payments, turning Telegram into a simple gateway for digital finance.

Ecosystem Accessibility: Built for Global Adoption

Accessibility is central to EVAA’s mission. By building on TON, a blockchain optimized for speed and scalability, the platform ensures smooth, low-fee transactions suitable for global use. Telegram’s massive user base—spanning hundreds of millions worldwide—further supports this goal.

Highlights include:

• Multi-chain compatibility: Native support for TON jettons with expanding support for BNB and other assets.
• Low transaction costs: TON’s infrastructure keeps gas fees minimal, promoting micro-transactions and high-volume activity.
• Universal usability: The familiar chat-based interface allows even non-technical users to engage in DeFi without specialized tools.

EVAA Protocol unites yield, lending, payments, and accessibility within a single ecosystem. Its approach—embedding DeFi inside Telegram—represents a practical step toward mainstream adoption by simplifying how users interact with crypto assets. Through this integration of functionality and usability, EVAA Protocol positions itself as a bridge between traditional app convenience and decentralized financial empowerment.

Tokenomics of the EVAA Token ($EVAA)

The EVAA Token ($EVAA) lies at the heart of the EVAA Protocol — a decentralized liquidity system built on the TON blockchain and integrated directly into Telegram. Designed to power yield, payments, and lending features, $EVAA ensures smooth coordination between users, liquidity providers, and the protocol itself. Its tokenomics are structured to balance sustainable growth, fair distribution, and community alignment. By combining utility, governance rights, and deflationary mechanics, $EVAA drives participation while maintaining long-term economic stability for the ecosystem.

Token Supply & Allocation

$EVAA features a fixed maximum supply of 50 million tokens, ensuring scarcity and predictability. From the start, the team structured its allocation to promote organic growth and limit speculation. Only a small fraction — about 1.71% — was unlocked during the Token Generation Event (TGE), establishing a foundation for gradual decentralization and fair access.

Distribution Breakdown:

• Team & Founders: ~16.5% (subject to vesting periods)
• Seed & Pre-Seed Investors: ~17.2% combined
• Community Rewards, Airdrops & LP Incentives: ~22%
• DAO Treasury & Buyback/Burn Reserves: ~20.08%
• Market Maker & Future Funding: ~10%
• Advisors, KOLs & DEX Liquidity: ~4.2% combined

This allocation reflects EVAA’s focus on rewarding real participation and empowering its DAO over time, rather than front-loading control among insiders or early investors.

Utility of the Token

$EVAA isn’t just a tradable asset — it’s the economic and governance backbone of the EVAA Protocol ecosystem. Holders are given multiple avenues to interact with and influence the protocol.

Key Functions:

• Governance: Token holders can propose and vote on protocol changes, treasury spending, and economic parameters.
• Staking & Rewards: Users can stake $EVAA or liquidity tokens to earn rewards, boosting engagement while supporting network stability.
• Fee Reductions & Incentives: Active participants may benefit from lower transaction fees or exclusive yield multipliers.
• Revenue Sharing: A portion of the platform’s revenue flows into the DAO treasury, which can use it for buybacks, burns, or funding ecosystem development.

These utilities position $EVAA as both a participation incentive and a mechanism for shared ownership in the platform’s success.

Deflationary and Growth Mechanics

EVAA’s token model integrates controlled emission schedules and deflationary mechanisms to maintain a balance between growth and value preservation.

• Low Initial Circulation: Only ~1.7% unlocked at launch to curb volatility.
• Gradual Unlocking: ~0.79% of total supply released monthly after a 3-month cliff.
• Vesting Periods: Team and investor tokens remain locked for 6–9 months, promoting long-term alignment.
• Buyback and Burn Program: Protocol revenues can be used by the DAO to repurchase and burn $EVAA, reducing supply and strengthening its scarcity.

This model encourages sustainable growth by tying token value directly to protocol performance and user participation.

Impact on User Behaviour & Network Effects

The tokenomics design directly shapes user engagement within the ecosystem. By linking governance, staking, and yield to the token’s use, $EVAA naturally encourages activity and loyalty.

• Active Participation: Users are rewarded for lending, borrowing, or providing liquidity, deepening their stake in the protocol’s health.
• Long-Term Alignment: Lockups and delayed unlocks discourage short-term speculation.
• Positive Feedback Loop: More protocol activity generates revenue, leading to more buybacks and burns — driving value back to holders.

This creates a self-reinforcing cycle: the more users engage, the stronger the token’s utility and value proposition become.

The EVAA Token ($EVAA) embodies a well-balanced tokenomics model that combines governance, utility, and controlled emissions to power a thriving DeFi ecosystem. Through careful distribution, real economic use cases, and mechanisms that link growth to scarcity, EVAA’s design builds both trust and sustainability — essential ingredients for any enduring decentralized protocol.

How to Get Started with EVAA

The EVAA Protocol is a decentralized liquidity platform that makes DeFi accessible directly within Telegram. Built on the TON blockchain, it allows users to earn yield, make payments, and access crypto-backed loans in a simplified, chat-based experience. Getting started with EVAA Protocol is designed to be intuitive—even for those new to decentralized finance. Here’s a step-by-step overview of how to begin using EVAA Protocol, manage your assets, and participate in its growing ecosystem.

Step-by-Step: Depositing, Earning, and Borrowing

EVAA Protocol allows users to deposit assets, earn yield, and take loans directly within the Telegram interface through the EVAA Mini App.

1. Access the EVAA App
   Open the EVAA Telegram Mini App or visit the official website to connect through Telegram. The app is available globally and optimized for mobile use.
2. Connect Your Wallet
   EVAA integrates seamlessly with TON wallets, allowing users to manage their funds without external browser plugins. Please choose your preferred TON-compatible wallet (for example, Tonkeeper, Wallet, or OpenMask) and connect it when prompted.
3. Deposit Funds
   Once your wallet is connected, deposit supported assets (like TON or stablecoins). Your balance will appear in the app dashboard, and you can allocate funds toward earning yield or using them as collateral for loans.
4. Earn Yield or Borrow
   • To Earn: Deposit assets into EVAA’s liquidity pools and start accruing daily interest automatically.
   • To Borrow: Select a token to borrow, specify collateral, and approve the transaction. All loans are over-collateralized, meaning your deposits secure the borrowed amount.
     In future updates, EVAA plans to enable non-collateralized lending, expanding access to trusted users and partners.

This streamlined flow brings the full DeFi experience into a simple, Telegram-based chat interface—no complex dashboards or technical jargon required.

Wallets & Chains Supported

EVAA currently supports multiple wallets and networks, reflecting its commitment to accessibility and cross-chain functionality.

• Telegram Mini App: Core user experience integrated directly with the Telegram chat environment.
• TON Blockchain: The native chain powering EVAA’s operations, enabling fast and low-cost transactions.
• Supported Wallets: Tonkeeper, Wallet, and other TON-compatible wallets.
• Multi-chain Access: EVAA plans to expand beyond TON to include BNB Chain and other EVM-compatible networks, widening liquidity sources and user reach.

By integrating these tools, EVAA makes it possible for both crypto newcomers and experienced users to manage assets within an everyday messaging platform.

Where to Buy the EVAA Token

The $EVAA token powers governance, staking, and rewards within the protocol. It can be purchased on several exchanges and decentralized platforms.
As of now, $EVAA is listed on:

• Gate.io and MEXC – centralized exchanges offering global access and liquidity.
• STON.fi (TON DEX) – a decentralized trading option for users already within the TON ecosystem.
  After purchasing, users can transfer $EVAA to their TON wallet and connect it to EVAA’s Telegram Mini App for staking or participation in DAO activities.

Tips for New Users

EVAA is designed for ease of use, but following good practices ensures a smoother and safer experience:

• KYC & Verification: Most users can interact with EVAA’s DeFi features without identity verification; however, centralized exchange listings may require KYC for token purchases.
• Gas Fees: Transactions on the TON blockchain have minimal gas fees—usually just a few cents—but ensure you maintain a small TON balance for processing.
• Security Hygiene: Always verify you’re using the official EVAA links and Telegram bot. Never share your seed phrase or wallet keys. Enable two-factor authentication on exchanges where you hold $EVAA.

By combining simple onboarding, Telegram-native usability, and multi-wallet integration, EVAA makes DeFi participation both approachable and secure.

EVAA redefines how users interact with decentralized finance by embedding the experience within Telegram—a familiar platform for millions. With support for popular wallets, a growing token ecosystem, and intuitive yield and lending tools, getting started with EVAA takes just a few steps. Whether you’re a DeFi veteran or a first-time user, EVAA’s simplicity, accessibility, and security make it a standout gateway to the world of decentralized finance.

EVAA Protocol offers a fresh take on DeFi—bringing liquidity, lending, and payments into the chat app era. With its native EVAA token powering governance, staking, and utility, the protocol has assembled an ecosystem designed for both simplicity and depth of functionality. From yield-earning to lending, from Telegram integration to wallet support, it ticks many of the boxes crypto users care about.

That said, as with any emerging protocol, the usual caveats around smart-contract risk, emerging integrations, and tokenomics apply. If you’re looking to explore DeFi beyond the traditional wallets and DApps, EVAA could be a project to watch. Dive in, review the docs, and decide if integrating EVAA into your crypto strategy makes sense. Ready to step into DeFi-in-chat? The future might be chatting your way to yield. Imagine Liqwid Finance is a non-custodial liquidity market protocol built on the Cardano blockchain, designed to empower users with decentralized lending and borrowing services. Check out now!