Binance Square has recently released several important updates regarding Dusk Network (DUSK). This project is a blockchain protocol focused on privacy protection, utilizing the Separated Byzantine Agreement (SBA) consensus mechanism, aiming to provide privacy, programmability, and auditability for financial applications.

Latest cooperation update

Three Dutch companies, Quantoz Payments, NPEX, and Dusk, have jointly launched the stablecoin EURQ, compliant with the regulations of the Markets in Crypto-Assets Regulation (MiCA). This collaboration involves a licensed securities exchange, an EMT provider, and a blockchain foundation, aiming to bridge traditional financial systems and blockchain-driven decentralized applications.

Economic Model Audit

Dusk Network announced the economic model and financial mathematics audit report completed by POL Finance. The report confirms that each block will issue 19.86 DUSK, of which 80% is allocated to block producers (including 70% base rewards and 10% conditional rewards), 5% to the validation committee, 5% to the approval committee, and 10% goes to the Dusk fund.

New Trading Pairs Launched

DWF Liquid Markets has launched multiple token trading pairs including NULS, Prom, MovieBloc, LeverFi, Dusk Network (DUSK), Coti, Bella Protocol, AirDAO, and others.

Market Performance

According to Binance's spot market data, DUSK has recently shown active performance, with a 24-hour increase of 7.78% and reaching a new high for the day, as well as a "bottoming out and recovering" state. Dusk Network has also established an ecosystem fund aimed at supporting developers who are building on Dusk.

Dusk Network launched the DUSK token on Binance exchange in July 2019, enabling multiple trading pairs including DUSK/BNB, DUSK/BTC, and DUSK/USDT, making it one of the first compliant blockchain security platforms.