@Dusk #dusk $DUSK

Dusk Token Utility

DUSK serves several key purposes within the ecosystem:

  • Used for staking in consensus participation.

  • Rewards to consensus participants.

  • Payment of network fees (See Transaction fees & gas).

  • Paying for the deployment of dApps on the network.

  • Payment of services on the network.

Transaction fees & gas

Every transaction on Dusk consumes gas, a unit that measures how much work it does on-chain.

  • You specify a gas limit (maximum work you’re willing to pay for) and a gas price in LUX
    (`1 LUX = 10⁻⁹ DUSK).

  • The actual fee paid is gas_used × gas_price. Unused gas is not charged.

  • If a transaction runs out of gas during execution, it is reverted and the fee for the gas consumed is still charged.

Gas price adjusts with network demand. When demand is low, prices tend to be low, resulting in very cheap transactions for users.

Collected fees are added to the block reward and redistributed as described in Incentive structure.

Token Metrics

  • Token Name: Dusk

  • Token Symbol: DUSK

  • Initial Supply: 500,000,000 DUSK, comprising both ERC20, BEP20. These are migrated to native DUSK tokens using a burner contract.

  • Total Emitted Supply: 500,000,000 DUSK will be emitted over 36 years to reward stakers on the mainnet, following the Token Emission Schedule.

  • Maximum Supply: 1,000,000,000 DUSK, combining the 500M initial supply and 500M emitted over time.

Staking Details

Staking is a crucial aspect of the Dusk protocol, allowing token holders to contribute to network security. For more details on the emission schedule, see the Token Emission Schedule below. Here are the primary details for staking DUSK tokens:

  • Minimum Staking Amount: 1000 DUSK.

  • Maximum Staking Amount: No upper bound.

  • Stake Maturity Period: 2 Epochs - 4320 blocks.

  • Unstaking: No penalties or waiting period.

Token Emission Schedule

The DUSK token emission schedule plays a vital role in incentivizing network participants, particularly in the early stages of the blockchain network, where transaction fees alone may not be sufficient to reward node operators and validators. By systematically emitting tokens over time, the Dusk network ensures that participants are adequately compensated for securing and maintaining the network, fostering its growth and decentralization.

The token emission has been designed to align with the long-term vision of building a robust and enduring ecosystem, while controlling inflation and limiting potential attack vectors. The emission schedule follows a carefully structured geometric decay model, wherein the number of emitted tokens reduces systematically every 4 years. This approach balances the need for continuous token issuance with inflation control, ensuring long-term sustainability and stability for the DUSK token economy.

Key aspects of the DUSK token emission schedule include:

  • 36-Year Emission Duration: The token emission is distributed across 36 years, divided into 9 periods of 4 years each.

  • Emission Reduction Every 4 Years: Token emission decreases every 4 years by a fixed reduction rate, ensuring gradual reduction in token issuance, similar to Bitcoin’s halving model.

Token Emission

The emission rate starts with a reduction rate r = 0.5, meaning the token emission halves every 4 years. This strategy is designed to rapidly build network participation by providing strong early incentives.

Infrastructure & partners

ChainlinkOracle and CCIP partner for cross‑chain messaging and data on DuskEVM.

NPEXInstitutional partner for regulated RWA and securities issuance on Dusk.

QuantozProvider of a regulated EUR stablecoin integrating with Dusk.

Cordial SystemsDigital asset custody and settlement infrastructure working with Dusk.

🤖🤖🤖🤖If you’re building something on Dusk and would like to be featured here, get in touch via the community channels or contribute to the docs.🍕🍕🍕🍕☕☕related: