What Is Scaleton (SCALE):
A Complete Guide on SCALE Token on TON

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Time to read: 5 min

How to Buy Scaleton (SCALE)?

Scaleton (SCALE) is the native token of DeDust.io, a decentralized exchange built on The Open Network (TON) blockchain. The token supports independent developers and powers activities within the Scaleton ecosystem. This guide covers the project's key features, tokenomics, staking, and instructions on how to buy SCALE.

Acquiring SCALE tokens is straightforward. First, purchase Toncoin (TON). Platforms like Switchere allow you to buy TON with over 20 fiat currencies using credit cards, bank transfers, Apple Pay, or Google Pay. Next, set up a TON-compatible wallet, such as Tonkeeper, to manage your assets. Finally, use your TON coins to swap for SCALE tokens on the DeDust.io exchange.

What Is Scaleton (SCALE)?

Scaleton (SCALE) is the native token of the DeDust.io decentralized exchange, operating on the TON blockchain. It is used for transactions throughout the Scaleton ecosystem. The project is focused on supporting independent developers and creating user-friendly tools for building products on The Open Network, while also offering rewards to its users.

A core component of the ecosystem is Scaleton University, an educational program that provides learning materials on DeFi and building decentralized applications (dApps) on TON. The program highlights features like Auto-Routing and SDK integration for developers. Scaleton is closely integrated with the DeDust DEX and the Tonkite developer toolkit.

Scaleton (SCALE) Overview

Key metrics for the SCALE token as of mid-2024:

SCALE Price$2.17
SCALE Market Cap$5.9M
SCALE Total Supply16.7M SCALE
SCALE Circulating Supply2.71M SCALE
SCALE Trading Volume$35,000
All-Time High (ATH)$8.16
All-Time Low (ATL)$0.02261

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Scaleton Ecosystem

The Scaleton ecosystem includes three fully operational projects: DeDust, Scaleton Explorer, and Tonkite. The DeDust exchange protocol alone has secured over $34 million in total value locked (TVL). The team continuously enhances the ecosystem by improving features and launching new products.

DeDust DEX

DeDust.io is a leading Automated Market Maker (AMM) decentralized exchange on the TON blockchain. It provides high liquidity and trading volumes, enabling users to swap tokens directly without intermediaries. The exchange operates on the upgraded DeDust Protocol 2.0, which ensures low fees and a user-friendly experience while rewarding liquidity providers with its native SCALE token.

Scaleton Explorer

Scaleton Explorer is the first multi-token explorer on the TON blockchain. It allows users to track transactions, view on-chain data, and analyze network activity, making it an essential tool for ecosystem participants.

Tonkite

Tonkite is a comprehensive toolkit for building applications on TON. It provides developers with a software development kit (SDK) and other tools to integrate decentralized solutions into Web3 projects.

SCALE Tokenomics

The maximum supply of SCALE is capped at 21,000,000 tokens. Over 4.3 million tokens have been permanently burned, reducing the total supply to approximately 16.7 million. The token allocation is designated as follows: 25% to the Ecosystem Fund for grants and acquisitions, 20% to the Core Team for rewards and staking incentives, 5.83% for the development of Scaleton and DeDust.io products, and 2.61% for marketing efforts.

SCALE Staking

SCALE staking was launched on May 2, 2024, and is supported by fees from DeDust.io. Of the platform's fees, 80% are allocated to liquidity providers, while the remaining 20% are converted into SCALE and distributed to stakers. Stakers earn a variable annual percentage yield (APY), which was approximately 30% as of mid-2024. Since its launch, users have staked over 2.1 million SCALE tokens.

How to Stake SCALE?

  1. Set up a TON-compatible wallet, such as Tonkeeper.
  2. Connect your wallet to the DeDust.io platform.
  3. Choose the amount of SCALE to stake and confirm the transaction to begin earning rewards.

Conclusion

Scaleton (SCALE) is a promising project on the TON blockchain, focused on supporting developers and providing educational resources. Through its integration with the DeDust decentralized exchange, the launch of staking, and a suite of developer tools, SCALE serves as a vital component of the ecosystem. With a limited token supply and ongoing plans to expand its DeFi offerings, Scaleton continues to grow and deliver new solutions to token holders and developers.

Disclaimer

This information is provided for informational purposes only and is not intended as investment advice. Before deciding to buy cryptocurrencies, you should carefully consider your objectives, experience level, and risk appetite. Please conduct your own research and due diligence on the services provided by any online cryptocurrency exchange platform.

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FAQ

  • What is the SCALE token?

    SCALE is the native token of DeDust.io, built on the TON blockchain. It is designed for transactions within the Scaleton ecosystem, supporting developers and facilitating activities across its projects.

  • What is SCALE used for?

    SCALE is used within the Scaleton ecosystem for rewards, transactions, providing liquidity on DeDust.io, and staking. It also supports independent developers on the TON blockchain.

  • Should I buy SCALE?

    Investing in SCALE allows you to participate in the Scaleton ecosystem, which includes the DeDust DEX and developer tools on the TON blockchain. As with any cryptocurrency, it carries risks, and you should conduct your own research before investing.

  • How can I buy SCALE?

    To buy SCALE, first purchase Toncoin (TON) from an exchange. Then, set up a TON-compatible wallet like Tonkeeper and use your TON to swap for SCALE tokens on DeDust.io.

  • What is the role of DeDust.io in the Scaleton ecosystem?

    DeDust.io is a key project in the Scaleton ecosystem. It is a leading decentralized exchange (DEX) on the TON blockchain where users can trade tokens, provide liquidity, and stake SCALE tokens to earn rewards from trading fees.

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