Telegram users gain crypto investment with new Affluent app
Affluent offers DeFi investing via Telegram
A former executive of the TON Foundation, Justin Hyun, has launched Affluent, a cryptocurrency investment platform built on The Open Network (TON) and designed to operate seamlessly through Telegram.
The platform went live on Monday and aims to simplify decentralized finance (DeFi) by combining automated smart contracts with human-managed strategies, offering an easy-to-use interface for mainstream users.
Affluent introduces a new mechanism that enables users to earn passive yields by simply depositing their crypto assets via Telegram. The platform’s infrastructure centers around a Strategy Vault and Vault Manager system that collectively automate asset distribution across DeFi lending markets to maximize returns. This structure reduces the complexity often associated with DeFi while maintaining a user-friendly environment.
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Affluent bridges TradFi expertise with DeFi potential
Affluent is co-founded by Justin Hyun, former director at the TON Foundation, and Hyung Lee, a seasoned professional in traditional finance and options trading. The duo designed the platform to balance algorithmic precision and expert judgment, mirroring how hedge funds blend automation with human insight.
With Telegram's expanding role in the crypto community, Affluent is strategically positioned to tap into a massive built-in user base. Its DeFi vault system spreads deposits across multiple lending platforms, potentially offering better yields while mitigating risk.
The Vault Manager architecture also distinguishes Affluent, offering curated strategies that simplify DeFi participation for users unfamiliar with complex interfaces or staking procedures.
A glimpse into the future of crypto investment
Affluent’s launch reflects the increasing momentum behind DeFi platforms that offer intuitive access through familiar ecosystems like Telegram. By lowering the entry barrier and prioritizing user experience, the platform could become a blueprint for mainstream DeFi adoption.
As Affluent evolves, its impact on crypto investing via messaging platforms may set the stage for future integrations of financial tools in everyday apps.
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