TL;DR

• Proposal to whitelist DUSK.
• Co-investment of 50,000 BNT.
• Dusk Network is a layer-1 blockchain protocol that will enable Confidential Smart Contracts. The project’s focus is to use their own bleeding edge Zero-Knowledge Proofs systems to develop (Decentralized) Financial Applications with strict on-chain data privacy at its core.
• There are no security concerns that could prohibit whitelist status.
• There is no reason to doubt the legitimacy of Dusk. The project has been featured in, among others, Forbes, Coindesk and CoinTelegraph and their Github Repositories have been acknowledged by lots of external projects and developers.

Token Address: 0x940a2db1b7008b6c776d4faaca729d6d4a4aa551

Project Website: Dusk Network

Liquidity

The Deepest DUSK pools are:

The DUSK/USDT Uniswap v3 pool with $11.72k liquidity, $21.03k daily volume, and an extrapolated APR from the 24hr fees of 196.45% [1].

The DUSK/WBNB PancakeSwap v2 pool with $620.70K liquidity, $118.94K daily volume, and an extrapolated APR from the 24hr fees of 11.89% [2].

A co-investment of 50,000 BNT opens up space for at least $332k of liquidity in the pool, with BNT at $3.32. If the pool fills up, it would be the deepest in any DEX.

Token Security

DUSK does not have an elastic supply, or rebase mechanism. The DUSK token has a max supply cap of 1,000,000,000 DUSK. Contracts are standard ERC-20 OpenZeppelin contracts. The contracts don’t have any permissions that grant administrators unrestricted mint/burn capabilities.

DUSK has a “Very Good S4” safety score on valid.network.

Project

Dusk Network describes itself as a blockchain for programmable and confidential securities, powered by Zero-Knowledge proofs and novel Private PoS leader extraction-based consensus protocol. Dusk Network is a privacy blockchain for financial applications. It is a layer-1 blockchain that powers the Confidential Security Contract (XSC) standard, and supports native confidential smart contracts.

Dusk Network aims to address the requirements and needs of financial markets. Central to its design is a scalable public infrastructure, direct settlement finality of transactions, and strict data privacy.

• Direct settlement finality. A distributed Financial Market Infrastructure (dFMI) should provide clear and final settlement of transactions. On Dusk Network transactions are fast, take seconds to complete, and achieve immediate on-chain finality.

• Privacy. Dusk Network provides full user privacy and enables decentralized applications and third-parties to adhere to strict compliance requirements whilst still offering data privacy. This increases the ability to perform business processes on-chain, leading to significant cost reduction.

• Public. Users do not need the approval of a trusted authority to use the Dusk Network blockchain. Besides, only minimal processing power and modest IT resources to join. All users who possess the DUSK token can participate in the consensus.

Tokenomics

DUSK tokens can be used as a utility token to initiate transactions and atomic swaps, or for the deployment of smart contracts. DUSK can also be staked to participate in consensus and serves as a means of exchanging DUSK-denominated value. In the future, the team intends to expand the use-cases of DUSK by adding it to an on-chain governance system.

Community and Communication

Dusk Network is active on Telegram. The Dusk Network team also operates official Twitter, and Blog accounts.

Available Audits

Dusk Network was audited by Cyber Unit on their Prestaking Provisioner and [Prestaking Contracts]

Market and Trading Data

The DUSK token has seen a nice upward momentum in both price and volume the past few weeks. Underlining Dusk Network’s focus on Zero-Knowledge Proofs is the Endgame Paper from Vitalik, which confirms the importance of Zero-Knowledge for the whole blockchain industry on privacy- and scaling opportunities. Dusk Network will continue to play a leading role in the Zero-Knowledge sector.

• DUSK’s price at the time of writing is $0.194744.
• 383,163,706 DUSK in circulation, with a maximum supply of 1,000,000,000 DUSK and a total supply of 500,000,000 DUSK.
• The current market capitalization is $74,618,821.