Former TON Foundation executive launches crypto investment app Affluent on Telegram

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On June 16, according to Cointelegraph, former TON Foundation executive Justin Hyun announced the launch of a crypto investment application called Affluent, integrated with Telegram, supporting yield and lending functions.

The protocol is developed based on the TON blockchain, focusing on a simplified yield solution that combines traditional finance with DeFi, allowing users to participate in automated strategy vaults with one-click deposits, with funds intelligently allocated across different lending markets to optimize returns.

Affluent co-founder Hyung Lee stated that their solution integrates traditional financial risk control with blockchain modular architecture. The application features an expert-managed vault system with automatic backend asset allocation strategies, while maintaining a simple Telegram interaction interface. Currently, the platform has not disclosed specific details of its risk management mechanism.

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