BlockBeats news, on June 16, according to Cointelegraph, former TON Foundation executive Justin Hyun announced the launch of the crypto investment app Affluent, integrated into Telegram, supporting yield and lending features.
The protocol is developed on the TON blockchain, focusing on a simplified yield solution that combines 'traditional finance and DeFi.' Users can participate in an automated strategy vault with one-click deposits, with funds intelligently allocated to different lending markets to optimize returns.
Affluent co-founder Hyung Lee stated that their solution combines traditional financial risk control with a modular blockchain architecture. The app features an expert-managed vault system, with the backend automatically executing asset allocation strategies, while the front end retains a simple Telegram interaction interface. Currently, the platform has not disclosed specific details about the risk management mechanism.
