Strongly supportive of this proposal. TAC is one of the most exciting chains I’ve evaluated for launch under the crosschain deployments framework. As the primary communication app for millions of people around the world, Telegram offers an excellent opportunity to reach users who are not already active in DeFi and grow Morpho’s TVL. TON and associated liquid staking tokens also represent an interesting new collateral type that is not well served in DeFi today. With notable DeFi protocols like Curve planning to launch on the chain, it is strategic for Morpho to deploy and become the premier lending protocol for the Telegram ecosystem.
The funding request is reasonable given the timeline and scope of work, especially given that the resulting code will be open source.