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Dusk token

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Here’s a clear, up-to-date overview of the Dusk token (DUSK) — what it is, how it works, and what it’s used for:

DUSK (DUSK)

$0.07

+$0.00

(+0.68%)

Today

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5D

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📌 What Is DUSK?

DUSK is the native cryptocurrency of the Dusk Network, a Layer-1 blockchain designed for regulated financial markets with strong privacy and compliance capabilities. The network focuses on enabling on-chain issuance, trading, and settlement of real-world assets (RWAs) while meeting regulatory frameworks like EU MiFID II and MiCA.

🔑 Key Features of Dusk Network

🎯 Privacy first: Dusk uses zero-knowledge proofs and other cryptographic tools to let users transact privately while still enabling compliance when needed.

🏛️ Regulatory compliance: Designed to work with real financial markets and EU regulatory standards.

⚡ Fast finality: Uses a custom Proof-of-Stake consensus (Succinct Attestation / SBA) for quick, irreversible settlements.

🛠️ Smart contracts & dApps: Supports development of EVM-compatible applications with privacy options.

💰 What the DUSK Token Is Used For

The DUSK token has multiple core functions in the ecosystem:

1. Network Fees

Used to pay transaction gas fees and fees for deploying and running smart contracts.

2. Staking & Consensus

Token holders can stake DUSK to help secure the network and earn rewards.

3. Incentives & Rewards

Validators and participants in consensus are rewarded with DUSK tokens.

4. Governance (planned/ongoing)

DUSK may be used for on-chain governance, such as voting on protocol updates.

5. Payment & Services

Can be used to pay for services on the network and issuance of compliant digital assets.

📊 Tokenomics (Supply & Distribution)

Total eventual supply: up to 1,000,000,000 DUSK.

Initial supply: 500,000,000 DUSK (much of which was distributed via private sale and early token sales).

Emission schedule: additional tokens are emitted over time (up to 36 years) to reward stakers.

Token allocation included private sale, team, development, marketing, and exchange reserves. $DUSK #dusk @Dusk