TAC Mainnet, a new blockchain designed to connect Ethereum decentralized finance (DeFi) applications with Telegram’s vast user base, has officially launched. This integration allows Telegram’s over 1 billion users to access Ethereum-based DeFi applications directly within the messaging app, bridging the gap between mainstream messaging and decentralized finance.
The launch includes the immediate integration of multiple top-tier DeFi protocols such as Morpho, Curve, Bancor, Euler, ZeroLend, IPOR Fusion, and Market.win. These applications are now operational within the Telegram interface via TAC, providing a seamless experience for both crypto-native and non-crypto-native users. This direct connection positions TAC as a conduit for expanded access and usability of DeFi tools, making them more accessible to a broader audience.
TAC Mainnet is designed to support both crypto and non-crypto users, offering a full-stack DeFi experience on the TON blockchain. The infrastructure aims to provide deep liquidity from the outset, ensuring that users have access to robust financial tools and services. The TAC Summoning campaign, organized alongside liquidity protocol Turtle Club, brought in over $800 million in total value locked (TVL). This early liquidity is intended to prevent the usual slow uptake that affects many new blockchain projects, giving the mainnet functional depth from the outset.
The mainnet rollout has taken place in two phases. The Developer Mainnet, launched in June, allowed developers to deploy and test applications ahead of the full public release. This phase was followed by the Public Mainnet, now active, which allows Ethereum Virtual Machine (EVM) developers to launch decentralized applications. Security and scalability have been enhanced through TAC’s integration with Babylon, which introduces Bitcoin staking. Additionally, technical support has been formed through partnerships with infrastructure firms including LayerZero, RedStone, Blockscout, Dune, and Thirdweb.
Earlier this year, the wallet in Telegram announced updates to its crypto wallet, introducing multi-asset trading and permanent earn options. These updates include a dedicated Trade section, initially supporting assets like TON, BTC, and USDT, with more to follow. This enhancement further integrates DeFi capabilities within the Telegram ecosystem, making it easier for users to manage and trade multiple assets directly from the messaging app.
In summary, the launch of TAC Mainnet represents a significant step forward in integrating Ethereum DeFi applications with Telegram’s user base. By providing seamless access to decentralized finance tools within the messaging app, TAC aims to democratize access to financial services, making them more accessible to a broader audience. The integration of multiple DeFi protocols and the early liquidity brought in through the TAC Summoning campaign position TAC as a strong player in the DeFi space, with the potential to drive widespread adoption of decentralized finance tools.
