Fiva: What is it and Why Should You Care?

FIVA
3 min readAug 6, 2024

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Another crypto protocol out to take your money and run? Or a new memecoin project? Not this time, folks. Fiva is a next-gen protocol for the DeFi community, designed for people who are bullish on TON and believe the financial system needs improvement. If you’re one of them, let us explain how we plan to contribute to the DeFi space and why you’d want to be part of our community.

We are the first yield tokenization protocol on TON, and we promise to unlock the potential of your future gains today! Sounds fancy but not clear? Give us a moment, and we’ll explain how you can earn money, become a more sophisticated DeFi user, and contribute to developing decentralized systems using our protocol.

What can you do at FIVA?

So, what’s in it for you, and why would you love to use FIVA? Our protocol will allow you to do three awesome things on TON. Whether you’re a TON holder, an LP for DeFi projects, or a degen who loves a good ride, Fiva has something to expand your financial toolkit. Here’s what you can do with FIVA:

  1. Get FIXED APY for staking TON.
  2. Provide liquidity with no impermanent loss.
  3. Speculate on yield and points.

Thanks to these features, you can increase your gains or hedge risks. FIVA is the next logical development of the TON ecosystem, bringing tokenization of the most important element in DeFi — staking APY — to TON. For a simpler explanation, think of us as the Pendle (the 9th biggest protocol with $3.9 billion TVL at the time of writing) but on TON, offering yield tokenization (yield derivatives) with more scalability and a better UI/UX.

How Exactly Can Fiva Help You?

The easiest way to show how you can earn using FIVA is by example. Let’s imagine you have a friend, Vlad. He’s 25 years old, works in IT, lives in Poland, and always chats with you through Telegram. He’s the guy who shared NOTcoin and Hamster memes with you. Vlad has $10,000 to invest and is bullish on the TON ecosystem. So, he bought TON and discovered that he can stake it. But the percentages are low and constantly changing, leaving him uncertain about his options.

Then, Vlad finds out about FIVA, where he can get a higher and fixed APY for the next six months. No risks, just free yield (assuming the developers did their job correctly, of course). In simple words, FIVA helps you earn money by offering fixed APY.

After six months, Vlad earned his fixed APY and really liked the FIVA protocol. It seemed solid, and he made some money. He went through the documentation and decided to try becoming an LP. So, he invested $10,000 as an LP and started receiving even more APY, plus 4% from the Tonstakers protocol, and FIVA points as rewards, which will later convert to tokens. He loved it; it looked like a money-printing machine and definitely a good investment tool. Plus, he knew that no impermanent loss was a danger because of the unique FIVA AMM design.

Time passed, and Vlad became part of the FIVA community, even helping the team by writing articles on Medium. He learned about yield speculation and saw an opportunity to earn money using YT tokens because he expected yields to go up. So, he bought YT tokens and now has 20x leverage on yield movements. Time will tell how good he is at predicting the market.

So, that’s how FIVA helped Vlad earn more money, learn about the DeFi space, and become an LP and yield trader. And this is just the beginning of our journey. Join us to be part of the DeFi revolution and the upcoming bull run!

Summary

In this article, we explained how you can benefit from FIVA and the opportunities we’ve enabled for DeFi TON users. We are committed to building and developing the DeFi space on TON. FIVA is a protocol that provides users and the community with more tools for investment and yield management. We’re here to stay and onboard more users! So, please share your thoughts in the comments: Does the DeFi space need such a protocol? Feedback from the community is essential to check the pulse. Thanks, and stay tuned!

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FIVA

#1 yield management protocol built on the TON blockchain