In a groundbreaking move, Dedust has launched a pioneering staking program that promises to transform the landscape for $SCALE token holders. Announced in May, this program leverages swap fees on the Dedust platform, converting them into $SCALE tokens to reward stakers. This innovative model not only enhances the utility of $SCALE tokens but also incentivizes active user engagement.

Swap Fees Fuel $SCALE Staking Rewards

Since its debut on May 2, 2024, the staking program has seen impressive traction, with over $9 million worth of $SCALE tokens staked on Dedust. Participants have enjoyed substantial returns, with more than $288,000 worth of $SCALE tokens distributed among stakers, thanks to high Annual Percentage Rates (APRs).

The introduction of Dedust’s staking program marks a significant milestone in the DeFi sector. It offers users a chance to earn passive income while bolstering the liquidity and stability of the Dedust ecosystem. This approach not only benefits individual stakers but also enhances the overall utility of the $SCALE token, driving greater adoption and engagement within the Dedust community.

The success of Dedust’s staking program highlights the increasing demand for DeFi solutions that provide attractive incentives and rewards. This program exemplifies how innovative models can attract and retain users, contributing to a vibrant and dynamic DeFi ecosystem.

More About TON

In addition to Dedust’s advancements, the $TON token has recently been listed on Robinhood Crypto, a significant milestone for users in select European jurisdictions. This addition to Robinhood’s cryptocurrency offerings gives users access to one of the market’s leading digital assets.

As $TON continues to gain traction among crypto enthusiasts and investors, its availability on Robinhood Crypto allows users to diversify their portfolios and participate in the expanding DeFi ecosystem.

Conclusion

The launch of Dedust’s staking program and the listing of $TON on Robinhood Crypto mark significant advancements in the DeFi landscape. These developments not only offer new opportunities for passive income and portfolio diversification but also highlight the growing influence and innovation within the blockchain and cryptocurrency sectors.