TON-backed dedust Revolutionizes Staking

This program uses swap fees in Dedust, converting them to $SCALE tokens for staking rewards.

This unique model not only provides an additional utility for $SCALE tokens. Also, it incentivizes users to actively engage with the platform. Let’s discover more about this news for TON.

Swap Fees Power $SCALE Staking Rewards

Since its launch on May 2nd, 2024, the staking program has gained remarkable traction. With over $9 million worth of SCALE tokens staked on dedust. Participants in the program have reaped the rewards of high Annual Percentage Rates (APRs). It has more than $288,000 worth of $SCALE tokens distributed among stakers.

The introduction of Dedust’s staking program represents a significant advancement in the DeFi landscape. It offers users an opportunity to earn passive income while contributing to the liquidity and stability of the dedust ecosystem. This innovative approach benefits stakers and enhances the overall utility of the $SCALE token. It drives increased adoption and engagement within the Dedust community.

Source: X

The success of Dedust’s staking program underscores the growing demand for DeFi solutions that offer attractive incentives and rewards for users.

More About TON

$TON has recently become available for trading on Robinhood Crypto, marking a significant milestone for users in select European jurisdictions. This addition to Robinhood’s cryptocurrency offerings provides users with access to one of the most prominent digital assets in the market.

Source: X

As $TON gains traction among cryptocurrency enthusiasts and investors, its availability on Robinhood Crypto presents an opportunity for users to diversify their portfolios and participate in the growing ecosystem of DeFi.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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