Wallet in Telegram has launched an on-chain yield feature for Bitcoin, Ethereum, and USDT holders. According to BlockBeats, this new feature is provided through the TON Wallet, with integration assistance from Morpho, TAC, and Re7.
The newly introduced 'Vaults' allow users to deposit assets into on-chain strategies to earn variable yields. Among the available USDT strategies, the highest yield option is achieved through Re7's DeFi strategy, offering a composite annual percentage yield (APY) of up to 18%. Additionally, the ETH and BTC vaults also provide yield functionalities for these widely held cryptocurrencies.