DeDust.io to Distribute $1 Million in Tokens to Liquidity Providers

The decentralized exchange on The Open Network (TON) blockchain, DeDust.io, will distribute rewards to liquidity providers totaling $1 million, based on the rate as of March 11, 13:00 (UTC). This was reported to ForkLog by representatives of the project.

Daily distribution in the UP/TON pool amounts to approximately $12,000 in tokens from the launchpad TonUP (UP) and TON. Rewards in the SCALE/TON pool are about $13,000 in tokens from the DeDust.io ecosystem (SCALE) and TON.

The full list of pools is available on the relevant page of DeDust.io. To add liquidity, one must:

• install the Tonkeeper wallet;
• find the DeDust application in the “Browser” section;
• connect Tonkeeper to DeDust;
• go to the Pools section on DeDust, select UP/TON or SCALE/TON, and confirm the deposit.

A detailed guide is published in the Russian-language Telegram community of the project.

DeDust.io is a decentralized exchange on the TON blockchain, developed by the Scaleton team.

TonUP is a platform for launching new projects on the TON blockchain. The launchpad token UP is traded on Bitget and DeDust.io.

Last week, Pavel Durov proposed a solution to preserve the decentralization of TON following the announcement of advertising sales in Telegram for Toncoin.