EVAA, a leading lending protocol built on the TON network, is preparing to launch its native token on October 3 across Binance Alpha, Binance Futures (Perpetual Contracts), MEXC, STON.fi, and Gate.io. The event marks a milestone for the project, which has processed more than $1.4 billion in cumulative volume and onboarded over 300,000 wallets.
Ahead of the token generation event (TGE), BeInCrypto spoke with EVAA CEO Vlad Kamyshov about the launch, the role of the token, and where he sees the protocol heading next.
EVAA has become one of TON’s leading protocols. With the token going live on multiple exchanges, how big of a leap is this moment for your community and investors?
“From day one, anyone will be able to access and trade the token with ease — real liquidity, global availability, and a smooth entry into DeFi. That’s always been our vision: making decentralized finance simple enough for everyday users while still powerful for advanced ones.
For our community and investors, this is more than just a launch. It’s turning long-term usage of the protocol into true ownership, with clear governance and real value creation through revenue, buybacks, and burns. It marks the beginning of a more open and sustainable ecosystem.”
You already onboarded 300,000 wallets on TON. What is your concrete strategy to turn this traction into active token holders and long-term liquidity, rather than one-off users chasing incentives?
“For us it’s never been about short-term rewards — it’s about real utility. Holding EVAA tokens actually makes using the protocol better: you pay lower fees, you earn more if you stake or provide liquidity, and you get a say in how the platform evolves. That’s already a strong reason to hold, not just speculate.
We’re also making sure incentives match real activity. Liquidity will flow to the markets where people actually borrow and lend, not just to places with flashy APYs. And because most of our users live inside Telegram wallets and Mini Apps, turning them into token holders is literally a two-tap process.
On top of that, the buyback-and-burn mechanism connects the token to the protocol’s real performance. When EVAA grows, scarcity grows too — and that gives people confidence to hold long term.”
You describe governance as central to the EVAA token. What are the first decisions holders will realistically influence, and how binding will those votes be on protocol direction?
“From day one, governance won’t be some abstract concept — holders will actually get to vote on things that matter. We’re talking about fee levels, discounts, which assets and markets to list next, and key risk settings like LTVs or liquidation thresholds.
We’ll also let the community steer the bigger picture. Do we double down on TON features first, or speed up cross-chain expansion? The votes will help us decide where to put time and resources.
And these aren’t symbolic polls. If a proposal passes quorum and risk checks, we execute it on a set timeline and publish the results on-chain. The goal is simple: keep governance practical, transparent, and consistent — with clear outcomes people can point to.”
EVAA has already processed $1.4 billion in cumulative volume on TON. What is the roadmap for scaling usage beyond TON as you expand onto BSC and major exchanges?
“We see growth happening in three clear steps.
First, BSC is a strong chain for us because it connects directly to Binance’s huge trading community. That reach and liquidity are the key reasons we decided to expand beyond TON and launch on two chains.
Second, we’ll focus on market depth. We’ll launch the most in-demand collateral markets first, where users actually want to borrow and lend, and then carefully expand with clear risk controls.
Third, it’s about distribution. We’ll keep EVAA just as easy to use inside wallets and Telegram Mini Apps, but also add new partners so that moving from ‘I’ve just discovered EVAA’ to ‘I’m borrowing or staking’ takes only a couple of minutes.
And through all of this, we’re keeping the bar high on security. That means external audits — like the ones we’ve already done with Quantstamp and Trail of Bits — and a cautious approach when adding new assets.”
EVAA is integrated with Telegram Mini Apps and TON wallets. How important is this seamless access to driving adoption, and how do you plan to replicate that ease of use as you expand beyond TON?
“It’s absolutely key. Most people don’t want to click through ten screens just to lend or borrow. That’s why EVAA lives where users already are — inside Telegram Wallet, TON Space, TON Keeper, MyTonWallet, and more.
As we grow beyond TON, we’ll keep that same “one-tap” experience. Whether it’s Binance Wallet or other trusted partners, the idea is simple: if someone wants to use EVAA, they should be earning or borrowing in under a minute.
For us, product design comes down to this: fewer steps, fewer choices, and the safest defaults possible. That’s how you turn someone who’s just curious into someone who comes back every day.”
Looking ahead, what role do you see EVAA playing in DeFi over the next year, and what concrete impact should the token have delivered if we revisit this conversation then?
“Over the next year, my goal is simple: I want EVAA to be the easiest place in TON to borrow, lend, and earn — while also building a real bridge into larger markets.
For EVAA token holders, that means lower costs, stronger liquidity where it actually matters, and governance that has real weight — decisions the community can see implemented, not just talked about.
If we sit down a year from now, I expect to show steady growth beyond TON, stronger collateral markets, governance decisions that the community has seen executed, and a transparent track record of buybacks and burns linked to revenue. That’s the bar we’ve set for ourselves.”
More information on the Token Generation Event is available at tge.evaa.finance, and you can connect with the EVAA community on X and Telegram.
Source: https://beincrypto.com/evaa-token-launch-vlad-kamyshov/