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Layer1 blockchain TAC has simultaneously launched its public mainnet and unveiled its native token on major exchanges including Bitget, Binance Alpha and Bybit.
According to a press release received by crypto.news, the public <a href="https://crypto.news/tag/mainnet/" rel="noopener noreferrer nofollow">mainnet</a> is currently live with major <a href="https://crypto.news/tag/defi/" rel="noopener noreferrer nofollow">DeFi</a> protocols deployed into its public network, including Morpho, Curve, Bancor, Euler, ZeroLend, IPOR Fusion, and Market.win.
As the mainnet has gone public, TAC will proceed to distribute validator grants, activate <a href="https://crypto.news/tag/liquidity/" rel="noopener noreferrer nofollow">liquidity</a> incentives on partner <a href="https://crypto.news/tag/dex/" rel="noopener noreferrer nofollow">DEXs</a>, and publish proposals for its community growth programs. In collaboration with liquidity distribution protocol Turtle Club, the mainnet comes equipped with more than $800 million in <a href="https://crypto.news/tag/tvl/" rel="noopener noreferrer nofollow">TVL</a> upon launch.
Built using <a href="https://crypto.news/tag/cosmos/" rel="noopener noreferrer nofollow">Cosmos</a>-EVM architecture, the <a href="https://crypto.news/tag/layer-1/" rel="noopener noreferrer nofollow">layer1</a> blockchain is designed to ensure compatibility with Ethereum (<a href="https://crypto.news/price/ethereum/" rel="noopener noreferrer nofollow">ETH</a>)’s Cancun hard fork. The mainnet is also integrated with Bitcoin (<a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">BTC</a>) staking protocol Babylon, which will serve to strengthen on-chain security by enhancing consensus validation.
The project’s native token, $TAC, is now <a href="https://x.com/TacBuild/status/1945043210272956520" target="_blank" rel="noopener noreferrer nofollow">available</a> on Wallet in <a href="https://crypto.news/tag/telegram/" rel="noopener noreferrer nofollow">Telegram</a>. The token is available for trading on <a href="https://crypto.news/tag/binance/" rel="noopener noreferrer nofollow">Binance</a> Alpha, <a href="https://crypto.news/tag/bitget/" rel="noopener noreferrer nofollow">Bitget</a>, <a href="https://crypto.news/tag/bybit/" rel="noopener noreferrer nofollow">Bybit</a>, and <a href="https://crypto.news/tag/kraken/" rel="noopener noreferrer nofollow">Kraken</a>.
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The token will serve three purposes: <a href="https://crypto.news/tag/gas-fee/" rel="noopener noreferrer nofollow">gas fee</a> payment, <a href="https://crypto.news/tag/staking/" rel="noopener noreferrer nofollow">staking</a> and <a href="https://crypto.news/tag/staking/" rel="noopener noreferrer nofollow">governance</a>. The native token will be the exclusive gas token on the protocol’s <a href="https://crypto.news/tag/evm/" rel="noopener noreferrer nofollow">EVM</a> as it includes a back-end logic mechanism that converts TON-denominated fees into TAC.
Next, the token is used to secure the network through delegated <a href="https://crypto.news/tag/proof-of-stake/" rel="noopener noreferrer nofollow">proof-of-stake</a>. This means that validators must bond the native tokens to produce blocks. Holders can earn yields through staking the native token, ranging from 8% to 10% APY.
Lastly, the mainnet’s token unlocks on-chain governance, allowing stakers to direct upgrades, incentive programs, and the community treasury.
Co-founder of TAC, Pavel Altukhov stated that the mainnet and token launch marks a major step not just for TON (<a href="https://crypto.news/tag/proof-of-stake/" rel="noopener noreferrer nofollow">TON</a>), but for the evolution of Telegram. With the mainnet launch, builders can now integrate blockchain-use case into products.
“TAC enhances the TON ecosystem with a ready-to-use DeFi layer, battle-tested and live from day one,” said Altukhov in his statement.
TAC is a purpose-built blockchain that enables EVM <a href="https://crypto.news/tag/dapps/" rel="noopener noreferrer nofollow">dApps</a> to access TON and the Telegram Ecosystem’s user base consisting of more than one billion users. By bringing EVM functionality and liquidity to the TON ecosystem, the project helps builders to focus on consumer use cases.
The launch of it mainnet comes after the company successfully raised $11.5 million in a seed and strategic funding round led by Hack VC held on June 18.
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TAC mainnet goes live alongside native token launch

crypto.news

Other articles published on Jul 15, 2025

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