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Telegram's built-in encrypted wallet launches on-chain earnings features for BTC, ETH, and USDT
Svmuu News: According to a related announcement, "Wallet in Telegram," the crypto wallet embedded within Telegram, has announced the launch of an on-chain yield feature. This feature allows holders of Bitcoin, Ethereum, and USDT to participate in yield strategies via the TON Wallet. The feature is implemented through the "Vaults" mechanism, enabling users to deposit their assets into on-chain strategies to earn variable returns.Officials stated that some USDT strategies offer a maximum combined annualized yield of up to 18%, and yield features for ETH and BTC have also been launched.Protocols such as Morpho, TAC, and Re7 have participated in the integration. The Wallet in Telegram is supported by The Open Platform, which claims to have over 150 million registered users. This feature upgrade aims to provide users with a self-custody yield strategy gateway within the TON ecosystem, further expanding the application scenarios for decentralized finance.
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