I Went Looking For The Line That Turns Volume Into Token Demand
#dusk
Chains hosting tokenized assets tend to describe two things in the same breath, the notional moving through the venue and the value of the token securing it. Whatever connects those is a design decision, and it is normally written down somewhere.
On Dusk ( @Dusk ) the tokenomics page is brief about it. DUSK is used for gas, and for staking. That is the whole list. No governance, no burn, no issuance fee, nothing that scales with the size of what settles.
The figures underneath make it concrete. The explorer shows an average transaction fee near 0.0136 DUSK, under a tenth of a cent, and total network fees across a full day of roughly 3.44 $DUSK . About twenty cents. Staking pays 22.31 percent against that, funded by a 500 million DUSK emission running 36 years rather than by fee income.
I should correct something I have seen repeated. Fees on the L1 are not burned. They enter the block reward and get redistributed to provisioners, so a channel from activity to holders does exist. It is simply very small at current volumes.
The EURQ part sits further out than the marketing implies. Quantoz lists EURQ on Ethereum, Polygon, Algorand, Stellar and Xahau. Dusk is absent from that list. Dusk Trade is still a waitlist, DuskEVM is still a testnet, and the settlement docs describe connecting an asset leg and a payment leg without naming which stablecoin fills it.
Real issuance has happened though. BWRE's 3.5 million euro bond round sold out.
So if that pattern scales and the payment leg settles in someone else's euro token, which portion of the notional ever reaches DUSK beyond twenty cents of gas?
#dusk
Chains hosting tokenized assets tend to describe two things in the same breath, the notional moving through the venue and the value of the token securing it. Whatever connects those is a design decision, and it is normally written down somewhere.
On Dusk ( @Dusk ) the tokenomics page is brief about it. DUSK is used for gas, and for staking. That is the whole list. No governance, no burn, no issuance fee, nothing that scales with the size of what settles.
The figures underneath make it concrete. The explorer shows an average transaction fee near 0.0136 DUSK, under a tenth of a cent, and total network fees across a full day of roughly 3.44 $DUSK . About twenty cents. Staking pays 22.31 percent against that, funded by a 500 million DUSK emission running 36 years rather than by fee income.
I should correct something I have seen repeated. Fees on the L1 are not burned. They enter the block reward and get redistributed to provisioners, so a channel from activity to holders does exist. It is simply very small at current volumes.
The EURQ part sits further out than the marketing implies. Quantoz lists EURQ on Ethereum, Polygon, Algorand, Stellar and Xahau. Dusk is absent from that list. Dusk Trade is still a waitlist, DuskEVM is still a testnet, and the settlement docs describe connecting an asset leg and a payment leg without naming which stablecoin fills it.
Real issuance has happened though. BWRE's 3.5 million euro bond round sold out.
So if that pattern scales and the payment leg settles in someone else's euro token, which portion of the notional ever reaches DUSK beyond twenty cents of gas?
