Telegram Turns DeFi With New Yield Options for BTC, ETH, and USDT
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Telegram introduces a yield feature in its TON Wallet, allowing users to earn interest on Bitcoin, Ethereum, and USDT through DeFi protocols. The USDT vault can achieve returns up to 18% APY, catering to over 150 million users, with 100 million already funded.
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- The yield feature is powered by DeFi protocols like Morpho, TAC, and Re7.
- USDT vault is offering high returns as some strategies are hitting up to 18% APY.
- TON Wallet has 150+ million users, with over 100 million already funded their wallets
Telegram’s built-in, self-custody crypto TON Wallet just rolled out a way for users to earn interest on their Bitcoin, Ethereum, and USDT, bringing DeFi-style returns straight to everyday messaging app users. The feature allows users to drop their crypto into vaults that earn variable yield through on-chain strategies.
According to Telegram, the yield feature taps into DeFi protocols like Morpho, TAC, and Re7, which handle the lending, asset management, and risk side of things.
The USDT vault is offering especially high returns as some strategies are hitting up to 18% APY. There are also vaults for Ethereum and Bitcoin, so …
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$ 0.99924
0%
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In This News
Coins
$ 63.99K
+1.31%$ 1.79K
+2.61%$ 0.99924
0%$ 1.66
+2.50%$ 0.350
-2.17%Funds
Predictions Markets
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