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Shocking Secrets: 10 Reasons Why TAC is Revolutionizing DeFi for Telegram Users
Discover How the Ton Application Chain is Set to Transform the Crypto Landscape
TAC has successfully raised $11.5 million in funding to integrate DeFi with Telegram’s massive user base. This innovative project is collaborating with leading DeFi platforms like Curve, Morpho, and Euler to create a seamless experience for users.
The Ton Application Chain (TAC) is an EVM-compatible blockchain designed to challenge Ethereum’s dominance in decentralized applications (DApps) while leveraging the vast ecosystem of Telegram.
As the DeFi landscape continues to evolve, the true adoption of decentralized finance cannot happen without integrating existing Ethereum protocols. TAC aims to bridge this gap and facilitate a smoother transition for users.
With the launch of its Mainnet on the horizon, TAC recently completed a strategic funding round of $5 million, bringing its total funding to $11.5 million. This financial backing is crucial for the project’s ambitious goals.
“TAC seeks to provide EVM tools to integrate applications within the ecosystem of billions of Telegram users. This funding accelerates our mission to attract Ethereum applications for everyday users,” said TAC co-founder and CEO Pavel Altudhov.
Hack VC, a prominent player in the venture capital space, is leading this funding effort, indicating strong belief in TAC’s potential. Managing partner ED Roman stated that TAC’s goal is to attract Ethereum DApps to Telegram, aiming to create a “future Internet.”
However, TAC’s ambitions extend beyond just DeFi. The project is collaborating with top DeFi companies to pre-build over 20 applications for immediate Mainnet integration. Collectively, these companies boast a total value locked (TVL) of over $7 billion, ensuring that users will have access to essential DeFi utilities and liquidity.
“Curve’s integration with Ton and Telegram marks a breakthrough for DeFi accessibility. TAC provides a bold vision to meet users where they are,” said Curve founder Michael Egorov.
In preparation for the Mainnet launch, TAC is conducting two Testnet campaigns, raising over $700 million from leading funds, liquidity providers, and infrastructure players. Currently, TAC has a TVL of $817 million, showcasing robust community support.
To clarify, the $11.5 million in seed funding will support preliminary development. Once TAC expands its offerings on Telegram, the $817 million in TVL will provide a solid foundation for growth.
These investments reflect the community’s strong confidence in TAC, and there is hope that this project will fulfill its ambitious vision.
Are you ready to dive into the world of DeFi with TAC? Join the conversation and stay updated by following our Telegram channel: Investing Guru and participate in our discussion chat: Investing Guru Chat.
Frequently Asked Questions
- What is TAC? TAC stands for Ton Application Chain, an EVM-compatible blockchain designed to integrate DeFi with Telegram.
- How much funding has TAC raised? TAC has raised a total of $11.5 million in funding.
- Which DeFi platforms is TAC collaborating with? TAC is collaborating with Curve, Morpho, and Euler.
- What is the goal of TAC? TAC aims to attract Ethereum DApps to Telegram and enhance DeFi accessibility.
- What is the current TVL of TAC? TAC currently has a total value locked (TVL) of $817 million.
- When will TAC’s Mainnet launch? The Mainnet launch is expected to happen in the near future.
- What are Testnet campaigns? Testnet campaigns are preliminary tests to prepare for the Mainnet launch.
- How can I stay updated on TAC? Follow our Telegram channel for the latest news and updates.
- What is the significance of EVM compatibility? EVM compatibility allows TAC to support Ethereum-based applications and smart contracts.
- Why is community support important for TAC? Strong community support is crucial for the success and growth of the TAC ecosystem.
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