Dusk's token design logic is quite interesting. The 500 million $DUSK tokens were fully unlocked as early as April 2022, and currently, 487 million are in circulation, accounting for 48.7% of the total supply. The remaining 500 million tokens are allocated for 36 years of staking rewards, using a four-year halving schedule. The benefit of this design is that inflationary pressure will decrease year by year, and the incentive mechanism for network security will be more sustainable.
From a functional perspective, $DUSK can serve both as a staking asset to protect the network and as a means to pay transaction fees (priced in LUX, with 1 LUX = 10 DUSK). The advantage in transaction costs is quite evident.
The current price is only $0.0532, with a FDV of just $53.19 million. Compared to similar privacy coins like Zcash and Monero, it is indeed significantly undervalued. When institutional-grade applications truly take off, this undervaluation combined with moderate inflation could become a trigger for re-pricing.
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fren_with_benefits
· 21h ago
Wow, 500 million tokens have already been unlocked? That's really bold of you. Did you avoid a dump, or are you just lucky?
By the way, the 36-year staking reward design is quite innovative, but it still depends on when institutions actually step in...
FDV of 50 million? That's a bit of a dead end compared to the ceiling of privacy coins, but let's not forget that privacy coins are inherently high-risk projects...
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SellTheBounce
· 21h ago
Come on, daring to say it's undervalued at a price of 0.0532? Let me tell you, these privacy coin projects all share the same fate—regulatory suffocation. Haven't you seen what Zcash looks like now? A 36-year staking cycle sounds tempting, but when the bear market hits, who cares about mild inflation... Buying the dip is the way to go.
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MetaverseLandlady
· 21h ago
Hmm, this halving design does have some substance; a 36-year release cycle is quite long.
$0.0532? It really feels like it hasn't been discovered yet.
Staking + trading fee dual empowerment, this logic is pretty good, not just a simple inflation machine.
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GasFeeNightmare
· 21h ago
Wow, 1LUX=10DUSK, is this design meant to save us gas fees? I did some calculations late at night, based on 0.0532, the transaction cost is indeed cheap, but the problem is whether the liquidity is sufficient… Will a 36-year staking period really hold up? I can't even imagine what will happen after 36 years now.
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ShamedApeSeller
· 22h ago
Wait, a 36-year staking period? That's a bit crazy... Feels like betting that the future market will still be around.
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ApyWhisperer
· 22h ago
0.0532 is really amazing, this price is unreasonable
I feel this inflation model is indeed well thought out, why is the 36-year cycle so long...
The privacy coin track should have had a market movement long ago, just waiting to see the day institutions enter the market
Dusk's token design logic is quite interesting. The 500 million $DUSK tokens were fully unlocked as early as April 2022, and currently, 487 million are in circulation, accounting for 48.7% of the total supply. The remaining 500 million tokens are allocated for 36 years of staking rewards, using a four-year halving schedule. The benefit of this design is that inflationary pressure will decrease year by year, and the incentive mechanism for network security will be more sustainable.
From a functional perspective, $DUSK can serve both as a staking asset to protect the network and as a means to pay transaction fees (priced in LUX, with 1 LUX = 10 DUSK). The advantage in transaction costs is quite evident.
The current price is only $0.0532, with a FDV of just $53.19 million. Compared to similar privacy coins like Zcash and Monero, it is indeed significantly undervalued. When institutional-grade applications truly take off, this undervaluation combined with moderate inflation could become a trigger for re-pricing.