At the Hack-a-TONx demo day, EVAA's co-founder Alex Sudeikin introduced the TON blockchain's first-ever lending and borrowing protocol.

Since then, EVAA has grown into the leading DeFi platform in the TON ecosystem, offering seamless lending and borrowing directly within Telegram Mini Apps.

Now, EVAA is bringing its powerful SDK and Testnet Sandbox to the BTCFi Hackathon, giving developers the tools to build innovative DeFi solutions on TON.

BTCFi Hackathon: Why Build on EVAA?

The TON Global BTCFi Hackathon is a unique opportunity to redefine how Bitcoin integrates with TON DeFi.

🚀 $1,000,000 Prize Pool
📅 Submissions Open Until March 14, 2025🔗 BTCFi Hackathon Details

With tgBTC acting as a decentralized bridge, developers can unlock Bitcoin’s liquidity inside TON’s fast and efficient ecosystem.

EVAA provides its SDK & infrastructure so participants can build trustless, efficient, and user-friendly BTCFi applications on TON.

Build on EVAA SDKs during the BTCFi Hackathon

The EVAA tgBTC SDK is designed for easy integration, allowing developers to tap into EVAA’s lending and borrowing infrastructure within their apps.

With EVAA’s SDKs, builders can create:

✅ New Mini App integrations that make tgBTC lending more accessible within Telegram.✅ BTC-backed lending and borrowing pools using tgBTC as collateral.✅ Automated DeFi strategies.

Ready to start? Explore the links:

🔗 TESTNET EVAA APP: https://testnet-evaa.vercel.app

🔗 TESTNET SDK: https://github.com/evaafi/sdk/tree/tgbtc-testnet

🔗 TESTNET SC ADDR:

https://testnet.tonviewer.com/kQBae_Pt-NcxX0yhNnsYyK-Kh6ZBnIUQhxheKTvNLTgZf7AV

Ready to Build? Join the EVAA Builders!

DeFi is evolving fast, and Bitcoin is now a part of it. Whether you’re building a Telegram Mini App, an automated DeFi strategy, or a new lending tool, EVAA provides everything you need to succeed in the TON Global BTCFi Hackathon.

Need help? Join the developer chat 👉 t.me/evaabuidl

What makes the ALTS Pool unique?

The ALTS Pool establishes MemeFi on TON, turning community tokens into active participants in DeFi. Through EVAA, users can supply DOGS, NOT, CATI, TON, and USDT to earn passive income or borrow them to join high-reward farming campaigns like $BUILD.

This approach increases token utility, boosts liquidity, and gives users the ability to profit from assets they would otherwise only hold.

How does the ALTS Pool work?

The ALTS Pool is simple but powerful. Here’s how it works:

1. Supply: Deposit DOGS, NOT, CATI, TON, or USDT into the pool to earn APY. Your tokens work for you, generating passive income while supporting liquidity for other users.

2. Borrow: Use USDT or TON as collateral to borrow DOGS and NOT. Instead of buying tokens for farming, you borrow them, reducing your exposure to price swings while keeping your collateral active and earning interest.

Why supply tokens to the ALTS Pool?

Supplying DOGS, NOT, CATI, TON, or USDT is a way to earn passive APY on tokens that would otherwise sit idle. By providing these tokens, you not only grow your assets but also support the liquidity of the ALTS Pool.

This liquidity enables other users to borrow, creating a more dynamic and profitable DeFi environment. It’s a win-win system where your tokens are put to work for consistent, low-risk income.

Why borrow from the ALTS Pool?

Borrowing from the ALTS Pool is the most effective way to participate in $BUILD farming. With only five days left until Wednesday (13/12/24), borrowing DOGS, NOT, or CATI gives you immediate access to farming opportunities.

🔜 Coming Soon: Borrowing rewards in EVAA XP will be introduced, giving users even more incentives to participate.

Borrowing protects you from price volatility, as you only repay the tokens, not their USD value. Meanwhile, your collateral (USDT or other tokens) continues to earn APY, creating an additional revenue stream. This strategy helps users farm more efficiently, reduce risks, and avoid unnecessary token purchases.

The $BUILD farming pool offers large rewards for users who participate using DOGS, NOT, and TON. Here’s the allocation breakdown:

• TON: 1,000,000 $BUILD

• NOT: 3,000,000 $BUILD (split across two pools)

• DOGS: 500,000 $BUILD

The ability to farm with DOGS, NOT, and TON gives users more flexibility and higher returns. Borrowing these tokens via the ALTS Pool ensures you can maximize your $BUILD farming rewards without buying and holding large amounts of volatile assets.

The second strategy is to borrow CATI from the EVAA ALTS Pool using USDT or TON as collateral and stake it in Catizen Launchpools. This allows you to participate in campaigns like ZRC without purchasing CATI directly. By staking CATI, you can earn additional rewards and support liquidity on Catizen. This approach provides flexibility as you maintain collateral access while capturing launchpool benefits.

Another strategy is to borrow DOGS, NOT, TON, or CATI from the EVAA ALTS Pool and provide liquidity on StonFi or DeDust DEXs. By supplying liquidity, you earn a share of swap fees each time users trade within the pool. Sometimes, DEXs also offer farming rewards or bonus incentives for liquidity providers. Borrowing tokens instead of buying them reduces your exposure to price volatility while still allowing you to earn from fees and farming rewards.

A fourth strategy is to borrow USDT from the EVAA ALTS Pool using DOGS, NOT, CATI, or TON as collateral and use it for trading or participating in new token launches. This approach provides access to liquidity without selling your tokens, allowing you to maintain exposure to your existing assets. Borrowed USDT can be used to trade on DEXs and centralized exchanges. This strategy is ideal for those looking to capitalize on short-term market opportunities while keeping their community tokens intact as collateral.

Why is EVAA essential for the TON ecosystem?

EVAA’s ALTS Pool plays a crucial role in building the MemeFi sector within the TON ecosystem. Giving community-driven tokens like DOGS, NOT, and CATI real DeFi applications, strengthens their relevance and boosts their utility. EVAA allows users to earn, borrow, and farm in previously impossible ways, making it a key driver of growth for the TON ecosystem.

With its low-risk, high-efficiency approach to farming and passive income generation, EVAA is transforming how users interact with tokens. It makes DOGS, NOT, and CATI more valuable, increases liquidity across the ecosystem, and turns TON into a major player in DeFi and Web3 innovation.

Start using the EVAA ALTS Pool today to make the most of your tokens!

Participating in a launchpool like Notcoin’s $BUILD campaign requires you to hold NOT, DOGS, or TON.

Drawing from previous successful launchpools such as OKX’s $NOT and ByBit’s $NOT campaigns, many participants have already seen how leveraging EVAA’s smart lending strategy can reduce risk and maximize returns. The same approach can now be applied to the Notcoin $BUILD launchpool.

Here’s a breakdown of the traditional method and the smarter alternative.

The Traditional Approach

When a major project like Notcoin announces its launchpool, participants are required to stake or hold specific tokens — in this case, NOT, DOGS, or TON — to qualify for the reward — in this case, $BUILD. This announcement typically triggers a surge in demand for these tokens, leading to a rise in their market prices.

BUT there’s a catch:

When everyone joins the pool, the big players (aka ‘whales’) often sell their tokens in a high-demand environment, which soon leads to a price drop. This exposes ordinary participants to significant price risk.

Additionally, to get a larger allocation of $BUILD tokens, you must hold more NOT, DOGS, or TON. The more tokens you hold, the greater your exposure to price swings. If the price of these tokens falls, so does the value of your position.

This strategy is risky and suboptimal.

The Smarter Strategy: Borrow Instead of Buy

This is where lending protocols like EVAA come in handy. Instead of buying tokens, you can borrow NOT, DOGS, and TON using your USDt as collateral.

Why is this strategy smart?

• Hedge Against Price Drops: If token prices fall, you still only owe the same amount of tokens you borrowed (not their USD value). For example, if you borrow 100 NOT and its price drops by 50%, you’re still only responsible for paying back 100 NOT — not the previous dollar value.

• No Need to Sell USDt: If you already hold USDt, you don’t need to convert it to tokens. This allows you to maintain your exposure to stablecoins.

• Earn While You Borrow: By supplying USDt to EVAA, you’ll earn interest on your collateral while it’s being used to back your loan.

What’s the Catch?

While this strategy protects you from downside price movements, it’s important to understand the risks:

• If token prices increase significantly (more than 33–50%), you must add more USDt collateral or repay part of the loan to avoid liquidation.

• Monitor your position closely, especially during periods of high volatility.

Step-by-Step Guide to Farming $BUILD Using EVAA

1. Deposit USDt: Deposit USDt into @EvaaAppBot or the EVAA app (app.evaa.finance) and earn interest.

2. Borrow TON: Use the USDt as collateral to borrow NOT, DOGS, and TON for the @earn launchpool.

3. Hold Tokens: Use the borrowed NOT, DOGS, and TON to participate in the @earn launchpool and earn $BUILD tokens.

Why Use EVAA?

• Lower Borrowing Costs: While centralized exchanges (CEXs) may charge up to 200% rates for borrowing, EVAA’s borrow rate is around 1-3%.

• Large Liquidity: Ample liquidity is available to borrow the NOT, DOGS, and TON, ensuring you can enter the launchpool without delays.

• Better Risk Management: Hedge against token price swings and reduce slippage.

• Earn APY: Your USDt collateral earns interest while you participate in the @earn launchpool.

Act Fast — $BUILD Launchpool is Live!

With the @earn launchpool now live, this is your chance to secure a spot and farm $BUILD using EVAA’s strategy.

Participating in a launchpool like Notcoin’s $BUILD campaign requires you to hold NOT, DOGS, or TON.

Drawing from previous successful launchpools such as OKX’s $NOT and ByBit’s $NOT campaigns, many participants have already seen how leveraging EVAA’s smart lending strategy can reduce risk and maximize returns. The same approach can now be applied to the Notcoin $BUILD launchpool.

Here’s a breakdown of the traditional method and the smarter alternative.

The Traditional Approach

When a major project like Notcoin announces its launchpool, participants are required to stake or hold specific tokens — in this case, NOT, DOGS, or TON — to qualify for the reward — in this case, $BUILD. This announcement typically triggers a surge in demand for these tokens, leading to a rise in their market prices.

BUT there’s a catch:

When everyone joins the pool, the big players (aka ‘whales’) often sell their tokens in a high-demand environment, which soon leads to a price drop. This exposes ordinary participants to significant price risk.

Additionally, to get a larger allocation of $BUILD tokens, you must hold more NOT, DOGS, or TON. The more tokens you hold, the greater your exposure to price swings. If the price of these tokens falls, so does the value of your position.

This strategy is risky and suboptimal.

The Smarter Strategy: Borrow Instead of Buy

This is where lending protocols like EVAA come in handy. Instead of buying tokens, you can borrow them using your USDt as collateral. You can currently borrow TON through EVAA, and very soon, you’ll also be able to borrow NOT and DOGS for use in the new launchpool.

Here’s how this strategy works:

1. Deposit USDt: Supply USDt into EVAA to earn interest while using it as collateral.

2. Borrow TON: Use the collateralized USDt to borrow TON.

3. Hold Tokens: Use the borrowed TON to participate in the launchpool and farm $BUILD tokens.

Why is this strategy smart?

• Hedge Against Price Drops: If token prices fall, you still only owe the same amount of tokens you borrowed (not their USD value). For example, if you borrow 100 TON and its price drops by 50%, you’re still only responsible for paying back 100 TON — not the previous dollar value.

• No Need to Sell USDt: If you already hold USDt, you don’t need to convert it to tokens. This allows you to maintain your exposure to stablecoins.

• Earn While You Borrow: By supplying USDt to EVAA, you’ll earn interest on your collateral while it’s being used to back your loan.

What’s the Catch?

While this strategy protects you from downside price movements, it’s important to understand the risks:

• If token prices increase significantly (more than 33–50%), you must add more USDt collateral or repay part of the loan to avoid liquidation.

• Monitor your position closely, especially during periods of high volatility.

Step-by-Step Guide to Farming $BUILD Using EVAA

1. Deposit USDt: Deposit USDt into @EvaaAppBot or the EVAA app (app.evaa.finance) and earn interest.

2. Borrow TON: Use the USDt as collateral to borrow the required tokens for the launchpool.

3. Hold Tokens: Use the borrowed TON to participate in the Notcoin launchpool and earn $BUILD tokens here:

https://t.me/earn

Why Use EVAA?

• Lower Borrowing Costs: While centralized exchanges (CEXs) may charge up to 200% rates for borrowing, EVAA’s borrow rate is around 1-3%.

• Large Liquidity: Ample liquidity is available to borrow the required tokens, ensuring you can enter the launchpool without delays.

• Better Risk Management: Hedge against token price swings and reduce slippage.

• Earn APY: Your USDt collateral earns interest while you participate in the launchpool.

Act Fast — Notcoin Launchpool is Live!

With the Notcoin launchpool now live, this is your chance to secure a spot and farm $BUILD using EVAA’s strategy. Reduce price risk and avoid high fees by borrowing tokens instead of buying them.

The Open League Season 6 is back! EVAA has consistently ranked among the top protocols in the DeFi Battle of the Open League for several seasons, and we’re calling on our community to secure top positions again this time.

Season 5 brought big changes to the DeFi leaderboard, where nothing is as before. The top spot was grabbed by EVAA, who were sitting in the 2nd place in Season 4.

In Season 6, EVAA’s users are invited to explore the fascinating ecosystem of DApps, protocols, and Telegram Mini Apps on TON and participate in the Normie and Degen Airdrops.

For example, the Degen airdrop allows you to explore various DeFi protocols on TON, including liquid staking, lending, perp DEX, vaults, derivatives, and bonding curve launchpads — and get rewarded.

The Normie airdrop allows you to explore the projects of the App League, core TON DeFi protocols, and NFT collections — and also get rewarded.

To get started in Season 6, mint your badge and begin completing target actions. Remember to stay active and attentive — these are your keys to unlocking large rewards and fueling the growth of your favorite projects.

Key Dates

• October 10th: The DeFi League (Degen Airdrop) and NFT League are live for three weeks.

• October 11th: LP Boosts start on STON.fi and DeDust, running for four weeks. Get your liquidity ready for farming rewards!

Stay tuned for updates on the Normie Airdrop and App League returning soon!

$1.6 Million in Rewards

Season 6 offers $1.6M+ in TON and project tokens have been allocated across pools with $NOT, $JETTON, $TONG, $WALL, $PUNK, $REGI, $HYDRA, $COFE, $DMT, and $MY on DeDust and STON.fi.

Rewards will be distributed over the next 4 weeks, so hurry up and get your share while the Boosts are live! Explore the pools here.

How to Join The Open League

• Provide $200+ in liquidity in TVL Squad protocols.

• Complete $1,000+ in transactions in Volume Squad projects.

New to The Open Lague and TON DeFi? Here's How to Start!

Step 1: Stay Informed

Follow the Official Open League Telegram Channel for updates and tips.

Step 2: Join Quests & Airdrops

Visit the Open League website for quests and airdrops to earn tokens and XP.

Step 3: Transfer Liquidity to TON

Convert your assets into $TON or USDt using:

• Centralized exchanges like Bitget, Bybit, Gate.io, or OKX.

• RetroBridge or Rhinofi to transfer from other blockchains.

Step 4: Start Earning

Explore DeFi strategies:

• Lending on EVAA to earn interest.

• Leveraged Yield Farming on Storm Trade and DeDust.

• Leveraged Liquid Staking on Tonstakers and Bemo.

• Hedged Liquidity Provision on StonFi and DeDust.

• Leveraged Trading on StonFi and DeDust.

Ready to Dive Into TON DeFi?

With this guide, you’re ready to start earning in The Open League and the TON DeFi ecosystem. Whether transferring liquidity, participating in quests, or using DeFi strategies, there’s plenty of opportunity to succeed in Season 6!

All the information provided here is for educational purposes only. Please remember that any actions you take within the DeFi, including using protocols like lending, liquidity provision, or trading, are at your own risk.

TON teaches us "Crypto in every pocket," and EVAA and OKX bring "DeFi in every hand" to life, giving millions of crypto traders easy access to TON DeFi.

OKX is a top centralized exchange (CEX) known for its wide range of services and strong security. By integrating EVAA, the liquidity layer of the TON ecosystem, OKX allows users to earn more through on-chain lending, all made accessible through the OKX DeFi Aggregator, which brings multiple DeFi services together in one place for seamless use.

Thanks to this integration, OKX users can now supply liquidity and earn interest in TON, stTON, tsTON, and USDT directly through the EVAA Protocol. Lenders earn interest from borrowers, who pay fees on the loans they take out.

This partnership also illustrates how TON is expanding beyond Telegram Mini Apps, showcasing its growing versatility. To access the OKX DeFi Aggregator, use the OKX Wallet.

About OKX Wallet

The OKX Wallet is a noncustodial, multichain digital asset management tool, available as a browser extension. Being noncustodial means OKX has no control over your assets—only you do.

How to Get Started with the OKX Wallet

To start using EVAA on OKX, first set up the OKX wallet by installing the Chrome extension or App, create or restore your wallet with a seed phrase, set a strong password, back up your seed phrase securely, and fund your wallet.

For details, visit the OKX Wallet section on EVAA's GitBook.

Lending with EVAA on OKX

Once your OKX wallet is ready, you can explore earning opportunities with EVAA through OKX's DeFi Aggregator.

Step 1: Navigate to the DeFi Section to Find 'EVAA'

• Go to the DeFi section on OKX.

• Use the search box to find 'EVAA' and view relevant investment options.

Step 2: Select Your Investment Type

• Choose your preferred asset, such as tsTON, stTON, TON, or USDT, and click 'Invest'.

Step 3: Click 'Invest' and Confirm Your Investment

• Enter the amount you wish to invest and click 'Invest'.

• Review the APY rates, and investment details, then confirm your action.

• Track your earnings via the OKX dashboard.

Now you're ready to explore TON within the OKX ecosystem. Keep in mind that while DeFi offers significant opportunities, it also comes with risks. This content is for educational purposes only, and any use of these tools is at your own risk.

Stay safe and happy earning!

The Open Network is the most user-friendly blockchain ecosystem in the world and thanks to Telegram, it's onboarding an incredible number of new users to the Web3. But like many blockchains in the growth stage, it faces a liquidity problem.

Liquidity can be of two kinds: external liquidity is provided through bridges and exchanges, while internal liquidity is achieved through the ability to reuse on-chain assets. Before the EVAA Protocol was deployed on the mainnet, internal liquidity was unavailable to TON users.

EVAA offers a secure on-chain solution to this problem - creating the liquidity layer on top of the existing TON DeFi protocols. A good example is leverage staking, which we have talked about several times: users stake TON, use the resulting LSD tokens, like tsTON and stTON, as collateral, borrow an additional TON, and repeat the cycle.

Until now, decentralized trading platforms like DeDust and Storm Trade lacked a solution for liquidity leverage. To address this and support the growth of the TON ecosystem, we have introduced the LP Pool to use LP tokens from DeDust and Storm Trade as collateral. The LP pool includes assets such as USDT, TON, DeDust TON/USDT LP, Storm Trade TON LP, and Storm Trade USDT LP.

LP Pool’s smart contracts are similar to the Main Pool and the only additional risk here is the risk of something going wrong with DeDust or Storm Trade, which have proven to be good products. To learn more about how EVAA's insulated pools work, read our previous article.

Now, as our liquidity leverage solution for TON DEXs users and liquidity providers is available, let’s start with the basics—for those who were tapping Hamster yesterday.

What are DeDust and Storm Trade?

DeDust and Storm Trade are among the top decentralized exchanges on the TON blockchain, proven for their high quality.

They allow trading and swapping directly in Telegram through integrated Mini Apps, using the non-custodial TON Space wallet for transaction signing, making the process as convenient and secure as possible.

DeDust and Storm Trade, together with EVAA, emerged as winners at the global TON Hackathon by DoraHacks and TON Foundation in 2023. Years later, our partnership has produced high-quality TON DeFi supported by strong teams and vibrant communities.

How to Earn Fees on DEXs?

On DEXs like DeDust and Storm Trade, you can earn fees by providing liquidity to trading pools. Participants earn fees from swaps conducted within these pools, with earnings increasing as the trading activity rises.

What are LP Tokens?

When you contribute your tokens to a liquidity pool on a DEX, you receive Liquidity Provider (LP) tokens. These tokens represent your share of the pool and entitle you to a portion of the transaction fees generated from swaps.

Why Do We Need a Separate Pool for LP Tokens?

The second pool for LP tokens is created mainly for security reasons. By keeping the LP tokens in a separate pool, we mitigate risks related to both DeDust and Storm Trade. This approach provides an additional layer of protection, ensuring that issues with one platform don't affect the Main Pool. To learn more about how isolated pools work in EVAA, read this article.

The main purpose of this pool is to enable leveraged farming strategies on TON. By using LP tokens as collateral, users can borrow, reinvest, and significantly boost their yield.

Is Leveraged Farming the Future of DEX Liquidity?

Leveraged farming through the new LP Pool presents a highly efficient alternative to traditional DEX farming. Users can continue earning rewards while using their LP tokens as collateral to borrow USDT and TON, which they can reinvest into liquidity pools.

This shift toward lending and borrowing strategies allows for greater liquidity utilization and higher returns, making it a compelling option as DEX farms may lose appeal over time.

How Does It Work in Storm Trade?

In the Storm Trade pool, after supplying USDT or TON, you receive Storm LP tokens (SLP).

These SLP tokens can then be used as collateral to borrow back the same assets (TON or USDT) that you initially supplied. This process creates a cycle where you can reinvest the borrowed assets at the Storm Trade same pool, effectively multiplying your rewards and compounding your returns.

How Does It Work in DeDust?

In DeDust, after delivering USDT and TON to the TON/USDT pool, you get TON/USDT LP tokens, deliver them to EVAA, then you will need to borrow USDT and TON in equal amounts based on their market value and put the borrowed tokens back into the liquidity pool on DeDust to maintain your liquidity position.

Will You Still Swap Fees by DEXs if You Supply DEX LP Tokens to EVAA?

Yes, when you supply LP tokens from DeDust or Storm Trade to the EVAA Protocol, you will continue earning both liquidity provision rewards (e.g., from DeDust) and swap fees.

In both Storm Trade and DeDust, rewards are distributed similarly. Swap fees from liquidity pools accumulate, increasing the value of the LP tokens, which allows users to indirectly receive these rewards when supplying LP tokens in EVAA.

For example, Dedust's portfolio module will monitor your LP tokens in the EVAA Pool, meaning that even if you supply your Dedust LP tokens to EVAA, you will still receive rewards as if you were holding them directly in your own wallet. This mechanism ensures that you don't miss out on liquidity provision rewards, even when your tokens are used as collateral within the EVAA Protocol.

It's important to note that this functionality is not yet live. Dedust is in the final stages of completing this feature, so be sure to follow their updates, as the release of this functionality is imminent.

The formula for calculating your rewards is based on the utilization rate of the LP Pool:

For example, with the DeDust TON/USDT-LP token, the utilization rate is notably low at 6.07%.

If there is $1 million supplied to EVAA, and $10,000 in rewards is available, we can apply it to the formula:

Why is it Profitable to Supply USDT and TON in the LP Pool?

Supplying USDT and TON in the LP Pool is highly profitable because the interest rates are higher. This is due to the elevated rates in both DeDust and Storm Trade, making it very advantageous to supply these assets. By utilizing the LP Pool in EVAA, you can take advantage of these higher rates, ensuring better returns for your supplied USDT and TON compared to other pools.

Will I Earn EVAA XP in the New LP Pool?

Yes, you will earn EVAA XP in the new LP Pool. The XP rewards are substantial, offering high returns for both supplying and borrowing assets.

For each dollar in asset value, you will receive the following XP:

• Supply USDT: 15 XP

• Borrow USDT: 15 XP

• Supply TON: 10 XP

• Borrow TON: 10 XP

This makes participating in the LP Pool especially rewarding, particularly during its growth phase, where the EVAA XP rates for USDT and TON will be higher than in the Main Pool.

How to use LP Tokens in EVAA?

To get started with the EVAA’s LP Pool, you will need to have LP tokens (DeDust TON/USDT LP, Storm Trade TON LP, or Storm Trade USDT LP). If you do not have these tokens yet, you can refer to the guides from Storm Trade and DeDust to learn how to acquire them.

Step 1: Connect Your Wallet

On the main dashboard page, in the top right corner, click the "Connect Wallet" button to connect your crypto wallet to the EVAA Protocol. This will open the interface where you can select your wallet.

Step 2: Navigate to the "Market" Tab and Select a Liquidity Pool (LP)

Once your wallet is connected, navigate to the Market tab at the top of the screen.

On the Market page, you will see the Highest APY Assets section, which displays the assets with the highest APY rates. Here, you can already notice new assets available for supply or borrowing, such as USDT, TON, or liquidity pools like TON/USDT-LP.

Further down on the Market page, in the Market Overview section, switch to the LP (Liquidity Pool) tab.

Here you’ll find available pools like TON/USDT-LP, USDT, TON, and others with corresponding APY rates and borrowing conditions. Choose the liquidity pool you’re interested in, such as TON/USDT-LP.

TON and USDt rates in the LP Pool are expected to be higher as people borrow to increase their LP positions in DeDust and Storm. We would appreciate your support in providing liquidity to TON and USDT to launch a new pool and advanced tier of DeFi strategies on TON.

Step 4: Supply Selected LP Token to the Pool

After selecting the pool, for example, TON/USDT-LP, click the "Supply" button. This will open a window with the supply details: your wallet balance, the maximum amount you can supply, the APY rate, your health factor, and estimated gas fees.

1. Enter the amount you want to supply (e.g., 10 TON/USDT-LP).

2. Choose the percentage (e.g., 25%, 50%, 75%, or 100%).

3. Review all the parameters, including the estimated gas fees.

4. Click "Supply" to confirm the transaction.

Step 5: Borrow Assets

After supplying assets to the pool, you can return to the main dashboard and select an asset to borrow (e.g., TON or/and USDT).

Now that you have borrowed TON and USDT, you can use these borrowed assets to provide liquidity to pools of your favorite products, such as:

• Storm Trade pools for USDT or TON

• Dedust pool for USDT/TON

This way, you can repeat the cycle and continue maximizing your earnings.

Reminder

This material is provided for educational purposes only. Any use of the obtained information is at your own risk. The author and the platform are not responsible for the possible consequences of putting this knowledge into practice.

Nikolai Durov started working on the original TON in 2018. He developed it as a decentralized blockchain aimed at creating a fast, scalable network for billions of users that can be used for scalable decentralized games, payments, and DeFi services.

TON Blockchain was initiated by the visionary idealist, picked up by bright minds around the world who resonated with the idea of Brave New Internet in Telegram. But, like Dante, the TON went through the nine circles of hell with early troubles, a bear market, and no-utility shithcoins, just like other blockchains in the early days.

As we know, hard times create strong men, strong men create secure, transparent, and accessible protocols: wallets, DEXs, liquid stakings, lendings, and future ones, which are being built on the shoulders of those titans.

This is the newest article of our TON DeFi Academy series, we'll talk specifically about decentralized lending and borrowing to focus on the most advanced type of decentralized lending pools on TON Blockchain, developed by the EVAA Protocol. We'll explain how they work and what advantages they have.

Basic Concept

The EVAA protocol is designed with a high level of security at its core by utilizing the concept of isolated pools.

Isolated pools in EVAA help make TON DeFi a safer place by placing liquidity of different groups of tokens with different types of risks and demands on independent pools that cannot interact with each other.

If something goes wrong with one concrete asset placed in a particular pool in which you participate - a sudden price drop or liquidity problems - it will not affect your assets in other pools because they are isolated from each other at the smart contract level, which reduces the risk to your portfolio as a whole.

EVAA’s Original Pools

For instance, the Main Pool in EVAA is just one of several isolated pools. Upcoming isolated pools include the LP Pool and the Ecosystem Pool. Each of these pools has a distinct set of assets and operates separately from the others:

• Main Pool: Includes assets like USDT, TON, stTON, tsTON, jUSDT, and jUSDC.

• LP Pool will be deployed soon to make it possible to loop liquidity between EVAA, DeDust, and Storm: contains assets such as USDT, TON, DeDust TON/USDT LP, Storm Trade TON LP, and Storm Trade USDT LP.

• The Ecosystem Pool is also coming soon and will include the most popular and stable ecosystem tokens. Want to be the first to know which tokens will be placed in this pool? Subscribe to our X and Telegram notifications.

In isolated pools, each pool has its own specific rules governing which assets can be borrowed or supplied, how much can be borrowed, and the repayment terms. These rules are unique to each pool and help maintain the security and integrity of the system, as any issues are contained within the individual pool, leaving the rest of the protocol unaffected.

Third-party Pools

Other builders can fork EVAA’s existing smart contracts to create their isolated pools with a custom list of the assets, including all existing tokens on TON to build new lending products while taking full control and responsibility.

This allows users to select different pools based on risk in the open market. If a problem occurs in an isolated pool from third-party developers, it remains within that pool, ensuring that original pools are unaffected.

For example, these isolated custom pools could allow users to deposit USDt as collateral and borrow tokens from the pool administrator, who also acts as the main liquidity provider. Since native USDt on TON is stable, it minimizes risk while enabling users to short tokens by borrowing, selling, and repaying them later at a lower price.

The risk stays within the isolated pool. If a particular token crashes, only the assets in that pool are affected, keeping the remaining lending pools deployed on TON secure.

Reminder

This material is provided for educational purposes only. Any use of the obtained information is at your own risk. The author and the platform are not responsible for the possible consequences of putting this knowledge into practice.