TAC Mainnet Launches to Connect Telegram Users with Ethereum DeFi

TAC Mainnet Launches, Connecting Telegram Users with Ethereum DeFi

TAC Mainnet, a newly launched blockchain platform, seeks to bridge Ethereum’s decentralized finance (DeFi) ecosystem with Telegram’s extensive user base of over one billion. This integration allows Telegram users to access Ethereum-based DeFi applications directly within the messaging app, representing a notable advancement toward the mainstream adoption of decentralized financial services.

Integration and Early Liquidity

At its launch, TAC Mainnet incorporated several prominent DeFi protocols, including Morpho, Curve, Bancor, Euler, ZeroLend, IPOR Fusion, and Market.win. These applications are now accessible through Telegram’s interface, providing users with a seamless experience that caters to both crypto enthusiasts and mainstream participants. Built on the TON blockchain, TAC Mainnet offers deep liquidity and a broad range of financial services from the outset.

A significant contributor to this initial liquidity was the TAC Summoning campaign, conducted in partnership with the liquidity protocol Turtle Club. This initiative successfully attracted over $800 million in total value locked (TVL), furnishing the platform with substantial functional depth and mitigating the slow adoption challenges commonly faced by new blockchain projects.

The platform’s deployment followed a two-phase rollout. The Developer Mainnet, launched in June, served as a testing and deployment environment. This was succeeded by the Public Mainnet, which is now active and enables Ethereum Virtual Machine (EVM) developers to launch decentralized applications. Security and scalability have been enhanced through integration with Babylon, which introduces Bitcoin staking capabilities, alongside collaborations with infrastructure providers such as LayerZero, RedStone, Blockscout, Dune, and Thirdweb.

Enhancements to Telegram’s Crypto Wallet and Market Context

Telegram’s native crypto wallet has also undergone recent upgrades, including support for multi-asset trading and permanent earn options. The newly introduced Trade section currently supports assets such as TON, BTC, and USDT, with plans for further expansion. These improvements deepen the integration of DeFi functionalities within Telegram, allowing users to manage and trade multiple digital assets directly from the app.

Despite these advancements, TAC Mainnet enters a highly competitive and rapidly evolving DeFi landscape. Ethereum’s well-established ecosystem remains a dominant force, while Binance Smart Chain’s (BSC) recent Maxwell upgrade, aimed at reducing block times, poses a potential challenge to Ethereum’s speed and efficiency. This dynamic could influence TAC’s market appeal. Investor sentiment is expected to be mixed; some view TAC as an innovative catalyst, whereas others remain cautious amid warnings from prominent figures like Paul Tudor Jones regarding possible market volatility and social unrest. Competitors may respond by further enhancing BSC or addressing Ethereum’s liquidity imbalances to maintain their positions.

TAC Mainnet’s integration of multiple DeFi protocols and its strong initial liquidity position it as a noteworthy entrant in the DeFi sector. By linking Telegram’s vast user base with Ethereum’s DeFi ecosystem, TAC aspires to democratize access to financial services. Its future success will depend on its ability to navigate competitive pressures, market sentiment, and the ongoing evolution of the blockchain industry.