EVAA ( The Open League )
The first decentralized lending protocol on TON @EvaaAppBot, https://evaa.finance Community Hub - @EvaaProtocolHub
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$5M Supply Achieved
This is a new milestone for the EVAA's community, and it's all thanks to your incredible support and commitment during The Open League!
🟩Try it here: @EvaaAppBot & app.evaa.finance
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How EVAA's Liquidation Works
When your Health Factor reaches zero, indicating high borrowing risk, your account risks liquidation.
Third Party Liquidators may cover up to 50% of your loan by selling collateral and earn a 15% bounty.
1️⃣Liquidators identify the under-collateralized loan, calculate the needed tokens to cover the gap, and send these tokens to EVAA.
2️⃣EVAA then swaps the borrower's insufficient collateral with the liquidator's tokens, ensuring lenders are compensated and rewarding the liquidator.
3️⃣This liquidation process is managed by the network of liquidation bots (open-source).
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Updated Liquidation Policy
🟩70% LTV Ratio (Loan-to-Value) - the maximum allowable ratio of the loan amount to the value of the collateral.
🟩75% Liquidation Threshold - minimum value to prevent asset liquidation. Read here.
🟩10% Liquidation Bonus - the percentage reward given to liquidators for processing a liquidation.
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📱Hey EVAAngelists!
We invite you to the @TONSocietyCIS AMA session today.
Join the live stream on April 24th at 16:00 CET. We will discuss what Evaa Protocol is, the project's features, and entering the Open League: https://t.me/tonsocietycishub?livestream
💝 All attendees who fill out the form available during the AMA will receive an SBT from TON Society CIS in their wallet.
Speaker: @k_vld — Core Contributor at evaa.finance
Host: @yogasolovey — Event and Community Manager at society.ton.org CIS
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📱Hey EVAAngelists!
We've distributed stTONs from bemo to those who actively borrowed and supplied during the second week of the of the EVAA Supply/Borrow Campaign.
Today is the middle of the third last week of the first season, don't miss your opportunity and join in!
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Learn DeFi Lending with EVAA Protocol & Puzzle Network
Come listen about how DeFi lending works and why it's important for Web3 today at 16 CET.
Join the Live Stream on Telegram: https://t.me/evaaprotocol?voicechat
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Earn 80% APY on USDt with EVAA
GM(GN) EVAAngelists, native USDt is now available on EVAA Protocol with a high APY! Increase your earnings significantly.
USDt TON Digest:
🟩TON and Tether are now partners, offering free and instant USDT transactions on Telegram.
🟩OKX and TON Foundation’s Learn & Earn campaign lets you earn while diving into USDT on TON.
Join the final week of EVAA Supply/Borrow Campaign 🫰
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EVAA Supply & Borrow Campaign Final Week Starts
The EVAA Supply/Borrow Campaign is a special incentive program, as a part of The Open League for active EVAA's users of @EvaaAppBot and app.evaa.finance, making you eligible for weekly airdrops of evaaXP and stTON by bemo.
How you can use bemo and EVAA together:
🟩You can stake your TON in the bemo liquid staking.
🟩Use the resulting stTON as collateral in the EVAA.
🟩At the expense of the collateral, borrow the TON and stake it again in bemo.
🟩This cycle can be repeated, strengthening your liquid steaking and getting even more EVAA XP!
Lend, borrow, and leverage your liquid staking within the Open League!
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✔️ EVAA, Verified on Telegram!
Celebrate with us in our tg space today.
Starting at 15:30 CET before the CIS AMA hosted by bemo at 16:00 CET
Join in now!
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Don’t miss the hot Monday at 16:00 CET chat between @evaaprotocol x @bemo_finance about Open League's Farming Schemes and Supply-Borrow Campaign: USDt, stXP, stTON, evaaXP
Tap here to join 👉 https://t.me/bemofinance?livestream
Don’t forget to tap 🔔😉
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