{"id":24728,"date":"2025-06-17T10:00:00","date_gmt":"2025-06-17T07:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/former-ton-foundation-executive-launches-decentralized-crypto-asset-management-platform-on-telegram\/"},"modified":"2025-06-17T10:00:00","modified_gmt":"2025-06-17T07:00:00","slug":"former-ton-foundation-executive-launches-decentralized-crypto-asset-management-platform-on-telegram","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/former-ton-foundation-executive-launches-decentralized-crypto-asset-management-platform-on-telegram\/","title":{"rendered":"Former TON Foundation Executive Launches Decentralized Crypto Asset Management Platform on Telegram"},"content":{"rendered":"<p>The decentralized asset management platform <a class=\"tracking_link\" href=\"https:\/\/affluent.org\/\" target=\"_blank\" rel=\"noopener\">Affluent<\/a>, formerly known as Factorial Finance, has undergone rebranding and introduced Strategy Vaults\u2014a modular system for accessing institutional yield strategies via the <a class=\"tracking_link\" href=\"https:\/\/t.me\/affluent\" target=\"_blank\" rel=\"noopener\">Telegram interface<\/a>. This was reported to ForkLog by the project&#8217;s founder and former TON Foundation development director, Justin Hen.<\/p>\n<h2 class=\"wp-block-heading\">What is Affluent<\/h2>\n<p>The platform will enable income generation from crypto assets, including Bitcoin, tokenized gold, and real-world assets (RWA).<\/p>\n<p>Affluent employs a modular system of Strategy Vaults\u2014automated strategies managed by smart contracts with preset parameters. All changes in management policy undergo time-lock mechanisms.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;We combine professional asset management with automation through smart contracts. Strategies adapt to the market, and execution occurs without human intervention,&#8221; asserts Hen.<\/em><\/p>\n<\/blockquote>\n<p>The project raised $1.8 million in a seed round from TVM Ventures, B-Harvest, Kiln, and several private investors.<\/p>\n<h2 class=\"wp-block-heading\">Affluent Products<\/h2>\n<p>Among the platform&#8217;s initial products:<\/p>\n<ul class=\"wp-block-list\">\n<li><strong>TON Multiply Vault<\/strong>\u2014looping <span data-descr=\"liquid staking token\" class=\"old_tooltip\">LST<\/span> (<a class=\"tracking_link\" href=\"https:\/\/docs.affluent.org\/factorial-legacy\/leveraged-yield-strategy\/looping-lst#looping-with-liquid-staking\" target=\"_blank\" rel=\"noopener\">looping<\/a>) to enhance staking yields with leverage up to 400%;<\/li>\n<li><strong>USDT Multiply Vault<\/strong>\u2014a delta-neutral strategy in stablecoins with automatic market risk hedging.<\/li>\n<\/ul>\n<p>The Affluent team has also partnered with the BTCFi project Solv Protocol to launch Bitcoin-based products within the TON ecosystem.<\/p>\n<p>As part of the collaboration, Affluent will add the xSolvBTC token with a built-in yield mechanism, Bitcoin-backed lending, and <a href=\"https:\/\/forklog.com\/en\/news\/ton-developers-unveil-bitcoin-bridge\">tgBTC<\/a>.<\/p>\n<p>Additionally, the platform has launched the Affluent Points program for early users. Points are awarded for various actions when using Strategy Vaults.<\/p>\n<p>The team&#8217;s plans include:<\/p>\n<ul class=\"wp-block-list\">\n<li>BTCFi-native credit vaults and liquidity markets;<\/li>\n<li>integration of tokenized gold and treasury bonds to create inflation-resistant portfolios;<\/li>\n<li>a global DeFi Simplified campaign to educate and attract users within the <a class=\"tracking_link\" href=\"https:\/\/t.me\/affluent\" target=\"_blank\" rel=\"noopener\">Telegram ecosystem<\/a>.<\/li>\n<\/ul>\n<p>Earlier in June, Tether<a href=\"https:\/\/forklog.com\/en\/news\/tether-launches-ton-version-of-gold-backed-stablecoin-xaut\"> announced<\/a> the launch of XAUt0\u2014an omnichain version of the gold-backed &#8220;stablecoin&#8221; XAUT. XAUt0 expands Tether Gold&#8217;s capabilities, allowing the token to move across different blockchains.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decentralized asset management platform Affluent, formerly known as Factorial Finance, has undergone rebranding and introduced Strategy Vaults\u2014a modular system for accessing institutional yield strategies via the Telegram interface. This was reported to ForkLog by the project&#8217;s founder and former TON Foundation development director, Justin Hen. What is Affluent The platform will enable income generation [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24727,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[816,723,1364],"class_list":["post-24728","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-rebranding","tag-telegram","tag-the-open-network"],"aioseo_notices":[],"amp_enabled":true,"views":"224","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24728","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24728"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24728\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24727"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24728"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24728"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24728"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}