Telegram's TON Wallet Unveils On-Chain Yield Vaults for Crypto Holders

Telegram's TON Wallet has rolled out a new feature that enables users to earn variable returns on their Bitcoin, Ethereum, and USDT holdings within the Telegram messaging app.

The on-chain yield vaults allow users to deposit assets into strategies that generate returns, providing an opportunity for users to diversify their portfolios and increase earnings. The top-yielding USDT strategy offers a blended annual percentage yield of up to 18%, powered by the Re7 DeFi strategy.

The feature was developed in partnership with Morpho, TAC (TON Applications Chain), and Re7, aiming to simplify access to decentralized finance tools for mainstream users. With over 150 million registered users, Telegram's TON Wallet is poised to bring self-custodial vault strategies to a wider audience.