DeDust.io is a Telegram mini-app that functions as a decentralized automated market maker (AMM) platform on the TON blockchain. It offers tools for cryptocurrency exchange with minimal fees, liquidity provision, and staking opportunities.
What is DeDust.io
DeDust.io is an automated market maker based on the DeDust 2.0 protocol, designed with scalability in mind. The project became the winner of the Hack-a-TONx hackathon, organized in collaboration with TON Foundation and DoraHacks, thanks to innovative smart contracts that received high praise from the judges.
Overview of Features
The DeDust.io API mini-app operates as a decentralized exchange (DEX). It allows you to swap various tokens within the TON ecosystem with minimal fees, offering a selection among hundreds of available token pairs. Users can participate in creating liquidity pools that facilitate decentralized trading and other financial operations. DeDust.io supports over 600 pools. The platform also offers staking for its native token $SCALE, later renamed $DUST, allowing you to earn rewards for holding assets on the platform. Rewards are generated from trading fees on DeDust.io. It integrates with popular TON wallets such as Tonkeeper, MyTonWallet, and the built-in Telegram wallet.
Platform Interaction
DeDust.io is available directly through Telegram. You can use its decentralized exchange functions without needing to install additional applications. To start using the platform, you need to connect your TON wallet. This can be done either through the website https://dedust.io or via the Telegram mini-app. Once connected, you can track your assets, swap tokens, or participate in liquidity pools.
Features
- Full integration with TON wallets
- Support for over 600 liquidity pools
- Minimal fees for token swaps
- Staking of SCALE tokens with high yields
- Platform accessible through a Telegram mini-app
- Decentralized architecture based on smart contracts
- Connection available for Binance Web3 wallet
