In the past two weeks, Bitcoin has continued to fluctuate around $60,000, but TON has been relatively resilient. It is currently only up less than 8% from its all-time high and continues to fluctuate at its high point.
The following article by Breaking.TON, author of the dynamic zone column, introduces you to the four major functions and interactive teaching of "DeDust", the largest DEX in the ecosystem.
What is DeDust?
Established in 2022, DeDust is the decentralized exchange that currently ranks No. 1 in TVL ($340 million) in the TON ecosystem. Currently it provides trading services for 75 currencies and 1,054 trading pairs.
｜Official website: https://dedust.io/
｜X: https://x.com/dedust_io
｜Telegram: https://t.me/dedust_en
Swap
DeDust supports the exchange of multiple tokens, allowing users to quickly convert between different crypto assets.
- Similar to Uniswap operation, token exchange can be performed after connecting to the wallet
- In addition, the setting button in the upper right corner also provides the function of sliding point adjustment.
- If you use TonKeeper on your mobile phone to connect to your wallet, you need to authenticate the transaction on the App
Liquidity Pools (Pools)
Currently, the platform provides 813 liquidity pools, and users can add assets to the liquidity pools to obtain a share of transaction fees.
In addition, as you can see from the picture below, some of the liquidity pools marked with blue and purple backgrounds have official APR incentives.
Taking the TON/USDT pool as an example, in addition to receiving a 0.4% commission on transaction fees, liquidity providers (LPs) can also enjoy the accumulated APR of TON, HYDRA, DUREV and other additional rewards: 80.36%.
Stake
SCALE is DeDust ’s native token, and users can stake it to obtain annualized rewards of approximately 30.44% currently. (The number of rewards depends on the proportion of tokens in the staking pool and the fees earned by the exchange)
Cross-chain bridge (Bridge)
DeDust supports asset transfer between the TON chain and Ethereum, and the operation is simple and clear. Just enter the asset amount first, and the system will automatically calculate the received amount, as well as the network and cross-chain bridge fees, and then connect it to the mobile wallet and you're done!
