According to Mars Finance, The Block reports that Telegram's embedded crypto wallet, TON Wallet, has announced on-chain yield options for Bitcoin, Ethereum, and USDT holders. Users can deposit their assets into a "vault" to participate in on-chain strategies designed to generate floating yields. The USDT strategy, supported by the Re7 DeFi strategy, offers an annualized yield of up to 18%; the ETH and BTC vaults extend the yield functionality to these two major crypto assets. This feature is implemented through TON Wallet, with integration from Morpho, TAC, and Re7.
Telegram's built-in encrypted wallet, TON Wallet, launches Bitcoin, Ethereum, and USDT holding yield features.
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