PANews reported on February 26th that, according to The Block, Telegram's embedded crypto wallet, TON Wallet, announced the launch of 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 Re7 DeFi strategies, offers up to an annualized yield of 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, now features Bitcoin, Ethereum, and USDT holding rewards.
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