TON Foundation & EVAA Protocol Launch New DeFi Incentive Program. - TON Community

TON Foundation and EVAA Protocol are teaming up to launch an exciting new DeFi incentive program. With 100,000 TON in rewards, this initiative aims to expand DeFi opportunities on the TON Blockchain by offering rewards for both lending and borrowing. Users can earn by borrowing USDT with TON-based collateral or supplying liquidity to EVAA's pools.

How to Participate:
1. Lend: By providing tokens to the EVAA Protocol, your tokens are added to the EVAA liquidity pool. Interest accrues automatically, with rates determined by the borrow utilization rate.
2. Borrow: Borrowing on the EVAA Protocol allows you to access liquidity by using your supplied collateral. To prevent liquidation, ensure your maintain sufficient collateral to cover your loans. Interest rates on borrowed tokens are variable and depend on the utilization rate.

TON Foundation & EVAA Protocol Launch New DeFi Incentive Program. - TON Community

TON Foundation and EVAA Protocol are teaming up to launch an exciting new DeFi incentive program. With 100,000 TON in rewards, this initiative aims to expand DeFi opportunities on the TON Blockchain by offering rewards for both lending and borrowing. Users can earn by borrowing USDT with TON-based collateral or supplying liquidity to EVAA's pools.

How to Participate:
1. Lend: By providing tokens to the EVAA Protocol, your tokens are added to the EVAA liquidity pool. Interest accrues automatically, with rates determined by the borrow utilization rate.
2. Borrow: Borrowing on the EVAA Protocol allows you to access liquidity by using your supplied collateral. To prevent liquidation, ensure your maintain sufficient collateral to cover your loans. Interest rates on borrowed tokens are variable and depend on the utilization rate.

https://blog.ton.org/evaa-100k-ton-incentive-program