TAC Mainnet launched and introduced the native Token: a new engine for DeFi in the TON ecosystem.

TAC Mainnet officially launched, ecosystem fully activated

The TAC Layer1 blockchain Mainnet is officially launched. At the beginning of its launch, it integrated multiple heavyweight DeFi protocols, including:

  • Morpho
  • Curve Finance
  • Bancor
  • Euler
  • ZeroLend
  • IPOR Fusion
  • Market. win

These protocols are now deployed on the public Mainnet of TAC, providing users with stable and rich DeFi use cases.

Over $800 million TVL support, launching validator incentives and liquidity distribution

The TAC Mainnet has integrated the liquidity distribution protocol provided by Turtle Club, bringing over $800 million in total locked value (TVL) upon its launch. At the same time, the project team will initiate a series of ecological growth plans:

  • Distributing Validator Grants
  • Activate liquidity incentive mechanism on cooperative DEX
  • Release community growth proposal

These measures aim to enhance network security and user engagement.

Cosmos-EVM architecture compatible with Ethereum Cancun upgrade, integrating Bitcoin staking protocol

The TAC Mainnet is built on the Cosmos-EVM architecture, which not only has high scalability but is also compatible with Ethereum's Cancun upgrade (EIP-4844), providing developers with stronger Ethereum compatibility.

In addition, the Mainnet has integrated the Bitcoin Staking Protocol Babylon, enhancing the consensus mechanism and on-chain security by introducing the trust and security of BTC.

The native token $TAC is listed on multiple exchanges, with a three-in-one function

The native token $TAC of TAC has been launched on multiple CEXs and supports direct trading via Telegram Wallet, becoming a rare on-chain native token and wallet interoperable asset in the TON ecosystem.

$TAC token has three core functions:

  1. Pay Gas Fees: As the only Gas token on the EVM, the system automatically converts TON fees to settle in TAC;
  2. Staking and Validation: Using the Delegated Proof-of-Stake (DPoS) mechanism, validators need to stake TAC to produce blocks, and ordinary token holders can also participate in staking, earning an annual percentage yield (APY) of 8%~10%;
  3. On-chain Governance: The TAC token grants users on-chain governance rights, allowing them to vote on protocol upgrades, incentive schemes, and community financial allocations.

Co-founder Speaks: TAC is an Important Milestone for the TON Ecosystem

TAC co-founder Pavel Altukhov stated that the simultaneous launch of the Mainnet and tokens marks not only an important moment for TAC but also represents the evolution and upgrade of Toncoin (TON) and the entire Telegram ecosystem.

"TAC introduces a usable, battle-tested DeFi layer for TON, and it was active from day one of its launch."

He pointed out that the launch of TAC allows developers to directly build on-chain applications aimed at Telegram's one billion users, focusing on consumer-grade blockchain scenarios.

Background Information: TAC has raised $11.5 million in funding, led by Hack VC.

Before the official launch of the Mainnet, TAC completed $11.5 million in seed and strategic round financing on June 18, led by the renowned venture capital firm Hack VC, laying a strong financial and technical foundation for this high-performance Mainnet launch.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)