⭐️ Tokens collateralized by tokens

⚫️ The lending platform Evaa announced the release of its beta version on the mainnet, initiating a countdown to its platform launch. The first to gain access will be the holders of the EVAA Mainnet Card, allowing them to test the service before its full-scale release.

⚫️ The lending protocol is a decentralized P2P lending system where users can borrow certain assets (tokens) while providing others as collateral.

⚫️ An example of how the lending could be used: let's say you urgently need TON, but you only have a token in your wallet that you believe in and don't want to sell. To avoid selling this valuable asset and to retain the tokens, you can use them as collateral, borrowing TON at an interest rate.

⚫️ In the future, the platform plans to release its own SDK, transforming Evaa from a lending site into a DeFi platform, offering a wide range of features and tools for users and developers.

⚫️ For a more detailed understanding of the Evaa Protocol, we recommend referring to the beginner's guide. All the technical information, as well as other materials, can be found on GitBook.

@thedailyton