{"id":13377,"date":"2024-05-09T16:53:45","date_gmt":"2024-05-09T13:53:45","guid":{"rendered":"https:\/\/forklog.com\/en\/dedust-io-exchange-launches-scale-staking-token-price-surges-60\/"},"modified":"2024-05-09T16:53:45","modified_gmt":"2024-05-09T13:53:45","slug":"dedust-io-exchange-launches-scale-staking-token-price-surges-60","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/dedust-io-exchange-launches-scale-staking-token-price-surges-60\/","title":{"rendered":"DeDust.io Exchange Launches SCALE Staking, Token Price Surges 60%"},"content":{"rendered":"<p>The decentralized exchange on The Open Network (TON) blockchain, <a class=\"tracking_link\" href=\"http:\/\/DeDust.io\" target=\"_blank\" rel=\"noopener\">DeDust.io<\/a>, has initiated staking for its native token, SCALE. This was reported to ForkLog by the <span class=\"old_tooltip\" data-descr=\"Developers of DeDust.io\">Scaleton developers.<\/span><\/p>\n<p>To participate, users need to visit the <a class=\"tracking_link\" href=\"https:\/\/dedust.io\/stake\/SCALE\" target=\"_blank\" rel=\"noopener\">Staking SCALE<\/a> page, connect a wallet that supports TON, and click the Stake button.<\/p>\n<p>Staking does not require a minimum amount. Users can withdraw funds 72 hours after submitting a request or immediately with a 5% fee.<\/p>\n<p>According to the developers, the platform received $300,000 in protocol fees in April alone. Starting May 2024, these funds will be converted into SCALE and distributed daily among stakers.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite><em>\u201cThis is not a temporary promotion, but a fundamental principle. It will also be applied to other Scaleton products.<\/em><\/p>\n<p><em>The protocol fee is distributed through a new mechanism. We earn our share by staking SCALE alongside users,\u201d project representatives commented.<\/em><br \/><\/cite><\/p><\/blockquote>\n<p>Within a day after the <a class=\"tracking_link\" href=\"https:\/\/t.me\/dedust_ru\/82\" target=\"_blank\" rel=\"noopener\">announcement<\/a> on May 2, SCALE holders locked $6.5 million in staking. Within a week, the amount reached $8.6 million (about 8% of the token&#8217;s issuance). Following the news, the SCALE price rose from $3.5 to $6.5.<\/p>\n<p>In April, Tether <a href=\"https:\/\/u1f987.com\/en\/news\/tether-expands-usdt-support-to-ton-network\">added<\/a> support for TON.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decentralized exchange on The Open Network (TON) blockchain, DeDust.io, has initiated staking for its native token, SCALE. This was reported to ForkLog by the Scaleton developers. To participate, users need to visit the Staking SCALE page, connect a wallet that supports TON, and click the Stake button. Staking does not require a minimum amount. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13376,"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":[1289,787,1364],"class_list":["post-13377","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-staking","tag-dex","tag-the-open-network"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13377","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=13377"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13377\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/13376"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=13377"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=13377"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=13377"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}