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TAC Launches Mainnet and Debuts $TAC Token on Major Exchanges

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by Giorgi Kostiuk

7 hours ago


Layer1 blockchain TAC has launched its public mainnet and introduced its native token $TAC on major exchanges such as Binance Alpha and Bybit. This event marks an important milestone for the project.

Key Features of TAC's Public Mainnet

The public mainnet of TAC is currently live with key DeFi protocols deployed, including Morpho, Curve, and Bancor. Following the mainnet launch, TAC will distribute validator grants, activate liquidity incentives, and publish proposals for community growth programs. In partnership with Turtle Club, the mainnet is equipped with more than $800 million in TVL.

$TAC Token: Purpose and Usage

$TAC is available for trading on exchanges like Binance Alpha, Bitget, and Bybit. It will be used for gas fee payments, staking, and governance. The token serves as the exclusive gas token in the EVM protocol, which includes a mechanism to convert TON-denominated fees into TAC. The token also secures the network through delegated Proof-of-Stake.

Significance of the Launch for the Telegram Ecosystem and Founder Comments

TAC co-founder Pavel Altukhov stated that the mainnet and token launch marks a significant step not only for TON but also for the evolution of Telegram. 'TAC enhances the TON ecosystem with a ready-to-use DeFi layer, battle-tested and live from day one,' Altukhov said. TAC aims to integrate EVM functionality and liquidity into the TON ecosystem, promoting the development of consumer applications.

The launch of TAC's public mainnet and $TAC token opens new horizons for developers and users within the Telegram ecosystem, potentially significantly increasing the adoption of blockchain technology in everyday life.

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