{"id":32017,"date":"2025-06-16T10:46:45","date_gmt":"2025-06-16T10:46:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32017"},"modified":"2025-06-16T10:46:45","modified_gmt":"2025-06-16T10:46:45","slug":"ton-based-protocol-affluent-wants-to-make-telegram-a-financial-super-app","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32017","title":{"rendered":"TON-Based Protocol Affluent Wants to Make Telegram a Financial Super App"},"content":{"rendered":"<div>\n<p>A TON-based money market protocol wants to make messaging platform Telegram a super app for decentralized finance (DeFi).<\/p>\n<p>Affluent, which will be accessed as a mini app within Telegram, has debuted as a kind of &#8220;smart bank for crypto,&#8221; serving as a one-stop hub, providing lending pools and yield strategies, according to an emailed announcement on Monday.<\/p>\n<p>One of Affluent&#8217;s co-founders is Justin Hyun, former director of the TON Foundation, which was formed to continue the development of the network when it was <a href=\"https:\/\/www.coindesk.com\/markets\/2020\/05\/12\/telegram-abandons-ton-blockchain-project-after-court-fight-with-sec\">abandoned by Telegram in 2020<\/a>.<\/p>\n<p>Along with his colleague Hyung Lee, co-founder of DeFi research and development project B-Harvest, Hyun said in the announcement that Affluent aims to make Telegram a &#8220;financial super app, using crypto to provide everyday savings to retail users and sticky liquidity for institutions.&#8221;<\/p>\n<p>A super app is a mobile or web application that offers multiple services on one platform, such as Grab or Uber. In the financial world, Tencent&#8217;s WeChat is a notable example of an app that offers instant messaging, a digital wallet, mobile payments, loans, credit scoring and more.<\/p>\n<p>One of the most commonly cited impediments to wider DeFi adoption is the oft-uneven user experience. Developers may, therefore, attempt to tackle this by centering products within apps that they know users can already easily navigate, like Telegram. <\/p>\n<p>During its development, overseen by the Foundation, Telegram kept TON at arm&#8217;s length, stressing that it was a separate entity. However, in September 2023, Telegram <a href=\"https:\/\/www.coindesk.com\/business\/2023\/09\/13\/messaging-app-telegram-gives-endorsement-to-ton-project-token-surges\">formally endorsed TON as its blockchain of choice<\/a> for Web3 infrastructure.<\/p>\n<p><strong><em>Read More: <a href=\"https:\/\/www.coindesk.com\/business\/2025\/05\/28\/telegram-signs-usd300m-deal-to-integrate-grok-ai-into-app-ton-token-up-16\">Telegram Signs $300M Deal With Elon Musk&#8217;s xAI to Integrate Grok Into Its Messaging App, TON up 16%<\/a><\/em><\/strong><\/p>\n<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A TON-based money market protocol wants to make messaging platform Telegram a super app for decentralized finance (DeFi). Affluent, which will be accessed as a mini app within Telegram, has debuted as a kind of &#8220;smart bank for crypto,&#8221; serving as a one-stop hub, providing lending pools and yield strategies, according to an emailed announcement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32017","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32017","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32017"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32017\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32017"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32017"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32017"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}