EVAA CEO Vlad Kamyshov Explains Token Launch, Utility, and Growth Beyond TON
EVAA, a number one lending protocol constructed on the TON community, is making ready to launch its native token on October 3 throughout Binance Alpha, Binance Futures (Perpetual Contracts), MEXC, STON.fi, and Gate.io. The occasion marks a milestone for the mission, which has processed greater than $1.4 billion in cumulative quantity and onboarded over 300,000 wallets.
Ahead of the token era occasion (TGE), BeInCrypto spoke with EVAA CEO Vlad Kamyshov concerning the launch, the position of the token, and the place he sees the protocol heading subsequent.
EVAA has turn out to be one among TON’s main protocols. With the token going stay on a number of exchanges, how massive of a leap is that this second to your neighborhood and buyers?
“From day one, anybody will be capable to entry and commerce the token with ease — actual liquidity, world availability, and a easy entry into DeFi. That’s at all times been our imaginative and prescient: making decentralized finance easy sufficient for on a regular basis customers whereas nonetheless highly effective for superior ones.
For our neighborhood and buyers, that is greater than only a launch. It’s turning long-term utilization of the protocol into true possession, with clear governance and actual worth creation by way of income, buybacks, and burns. It marks the start of a extra open and sustainable ecosystem.”
You already onboarded 300,000 wallets on TON. What is your concrete technique to show this traction into energetic token holders and long-term liquidity, quite than one-off customers chasing incentives?
“For us it’s by no means been about short-term rewards — it’s about actual utility. Holding EVAA tokens really makes utilizing the protocol higher: you pay decrease charges, you earn extra should you stake or present liquidity, and you get a say in how the platform evolves. That’s already a robust purpose to carry, not simply speculate.
We’re additionally ensuring incentives match actual exercise. Liquidity will circulate to the markets the place folks really borrow and lend, not simply to locations with flashy APYs. And as a result of most of our customers stay inside Telegram wallets and Mini Apps, turning them into token holders is actually a two-tap course of.
On high of that, the buyback-and-burn mechanism connects the token to the protocol’s actual efficiency. When EVAA grows, shortage grows too — and that provides folks confidence to carry long run.”
You describe governance as central to the EVAA token. What are the primary choices holders will realistically affect, and how binding will these votes be on protocol path?
“From day one, governance received’t be some summary idea — holders will really get to vote on issues that matter. We’re speaking about charge ranges, reductions, which belongings and markets to checklist subsequent, and key danger settings like LTVs or liquidation thresholds.
We’ll additionally let the neighborhood steer the larger image. Do we double down on TON options first, or velocity up cross-chain enlargement? The votes will assist us determine the place to place time and assets.
And these aren’t symbolic polls. If a proposal passes quorum and danger checks, we execute it on a set timeline and publish the outcomes on-chain. The aim is easy: hold governance sensible, clear, and constant — with clear outcomes folks can level to.”
EVAA has already processed $1.4 billion in cumulative quantity on TON. What is the roadmap for scaling utilization past TON as you increase onto BSC and main exchanges?
“We see progress taking place in three clear steps.
First, BSC is a robust chain for us as a result of it connects on to Binance’s big buying and selling neighborhood. That attain and liquidity are the important thing causes we determined to increase past TON and launch on two chains.
Second, we’ll give attention to market depth. We’ll launch essentially the most in-demand collateral markets first, the place customers really wish to borrow and lend, and then rigorously increase with clear danger controls.
Third, it’s about distribution. We’ll hold EVAA simply as straightforward to make use of inside wallets and Telegram Mini Apps, but additionally add new companions in order that transferring from ‘I’ve simply found EVAA’ to ‘I’m borrowing or staking’ takes solely a few minutes.
And by way of all of this, we’re retaining the bar high on safety. That means exterior audits — like those we’ve already carried out with Quantstamp and Trail of Bits — and a cautious strategy when including new belongings.”
EVAA is built-in with Telegram Mini Apps and TON wallets. How essential is that this seamless entry to driving adoption, and how do you intend to duplicate that ease of use as you increase past TON?
“It’s completely key. Most folks don’t wish to click on by way of ten screens simply to lend or borrow. That’s why EVAA lives the place customers already are — inside Telegram Wallet, TON Space, TON Keeper, MyTonWallet, and extra.
As we develop past TON, we’ll hold that very same “one-tap” expertise. Whether it’s Binance Wallet or different trusted companions, the concept is easy: if somebody desires to make use of EVAA, they need to be incomes or borrowing in below a minute.
For us, product design comes all the way down to this: fewer steps, fewer selections, and the most secure defaults attainable. That’s the way you flip somebody who’s simply curious into somebody who comes again daily.”
Looking forward, what position do you see EVAA taking part in in DeFi over the subsequent yr, and what concrete affect ought to the token have delivered if we revisit this dialog then?
“Over the subsequent yr, my aim is easy: I would like EVAA to be the best place in TON to borrow, lend, and earn — whereas additionally constructing an actual bridge into bigger markets.
For EVAA token holders, meaning decrease prices, stronger liquidity the place it really issues, and governance that has actual weight — choices the neighborhood can see carried out, not simply talked about.
If we sit down a yr from now, I count on to indicate regular progress past TON, stronger collateral markets, governance choices that the neighborhood has seen executed, and a clear observe report of buybacks and burns linked to income. That’s the bar we’ve set for ourselves.”
More info on the Token Generation Event is offered at tge.evaa.finance, and you’ll be able to join with the EVAA neighborhood on X and Telegram.
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