Dusk ($DUSK ) is the native utility token of the Dusk Network, a privacy-focused Layer-1 blockchain specifically engineered for regulated financial markets.
Unlike many "privacy coins" that focus on anonymity for its own sake, #dusk is designed to bring Real World Assets (RWAs)—like stocks, bonds, and securities—on-chain while staying compliant with strict financial regulations (such as the EU's MiCA).
What is the DUSK Token used for?
The $DUSK token is the lifeblood of the ecosystem and serves several functions:
Gas Fees: Used to pay for transactions and the execution of smart contracts.
Staking: Holders can stake their tokens to secure the network and earn rewards.
Governance: Token holders can vote on protocol upgrades and changes.
Issuance: It powers the creation and management of compliant security tokens via the network's XSC standard@Dusk
Core Features
Auditable Privacy: It uses Zero-Knowledge Proofs (ZKPs) to keep transaction details (like amounts and identities) confidential from the public, while still allowing authorized parties (like regulators) to audit the data.
Institutional Grade: It is purpose-built for the tokenization of financial instruments, featuring instant settlement finality to meet the needs of capital markets.
Unique Consensus (SBA): It runs on a "Segregated Byzantine Agreement," a private Proof-of-Stake (PoS) mechanism that is energy-efficient and allows users to participate in the network's security.
