#dusk $DUSK @Dusk Dusk (token symbol: DUSK) is a cryptocurrency and the native token of the Dusk Network, a privacy-focused Layer 1 blockchain built for regulated finance, compliant real-world asset (RWA) tokenization, and confidential transactions.�
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🪙 What Is Dusk
Blockchain Purpose: Dusk is a privacy-enabled blockchain designed to let institutions and developers create, issue, trade, and settle traditional financial instruments and tokenized assets while complying with regulations like the EU’s MiCA and MiFID II.�
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Privacy + Compliance: It uses zero-knowledge proofs to keep confidentiality on chain, yet allows regulatory audits where needed — a balance between privacy and legal transparency.�
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Architecture: Dusk has an EVM-compatible execution layer for smart contracts and modular networks that separate settlement and execution, enabling both confidential and public transaction options.�
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🔑 What the DUSK Token Does
The DUSK token is the native cryptocurrency of the Dusk Network with the following key utilities:�
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1. Network Fees & Gas:
Used to pay transaction and smart contract deployment fees on the blockchain.�
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2. Staking & Consensus:
Holders can stake DUSK to secure the network and earn rewards as part of proof-of-stake.�
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3. Smart Contract Deployment:
Developers pay DUSK to deploy decentralized applications and services on the Dusk Network.�
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4. Governance (Future):
Planned on-chain governance participation for protocol decisions via DUSK holders.�
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📊 Tokenomics & Supply
Total supply: 1,000,000,000 DUSK (max).�
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Initial supply: 500 million DUSK, with the remaining gradually emitted over time (e.g., for staking rewards).�
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Tokens are available initially as ERC-20 (Ethereum) and BEP-20 (Binance Smart Chain), with migration possible to native Dusk mainnet tokens via a burner contract.�
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💱 Where DUSK Is Traded
DUSK is listed on various centralized and decentralized exchanges, such as Binance, and typically traded in pairs like DUSK/USDT.�
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📌 Key Features of Dusk Network
Regulated finance infrastructure: Designed for compliant issuance and settlement of digital securities and financial assets on-chain.�
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Privacy with auditability: Zero-knowledge technology enables confidential transactions but allows authorized disclosure for compliance.�
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Institutional integrations: Partnerships with regulated entities help bridge traditional and decentralized finance.�
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