#dusk $DUSK @Dusk
I mean actually.....
While reading about @Dusk Trade, one thing kept coming to mind and kept making me think🤔 - a question. Yes, To be honest, is Dusk actualy just trying to create another financial product, or is it trying to create an economic cycle in the entire network where product, revenue and DUSK attract each other? The question is really worth thinking about, isn't it?
Hmm, for me, Dusk Trade seems to be quite important in Dusk's next step. Because if there is an opportunity to bring businesses and investors to the same place through regulated offerings, not only will new assets come, but their settlement and use can also increase on-chain activity. The matter is really important.
And this is where the utility of DUSK is interesting. Yes, I was looking a little deeper into how DuskEVM can increase the utility of $DUSK . If Dusk makes it easier for ETH developers to build, then there is a chance to create more applications like DEX, lending market, tokenized assets. This aspect is really amazing! Isn't it? Yes and, the more activity on the network, the more transactions and network fees are required. In other words, if Dusk Trade can successfully scale up, its impact should not be confined to just one product. That's why the ECSP license aspect is also important to me. Creating a compliant bridge between businesses looking to raise capital and investors looking for regulated investment opportunities creates the possibility of new financial assets entering the Dusk ecosystem. But yes, the most interesting part is stil ahead. How product revenue will return to the DUSK ecosystem - distribution among stakers, buyback and burn or community driven allocation - how much it will ultimately increase utility, remains to be seen.
Hmm and so, for me the main question is very simple:
Will Dusk Trade be just a product, or will it create a new economic loop for DUSK?🚀
I mean actually.....
While reading about @Dusk Trade, one thing kept coming to mind and kept making me think🤔 - a question. Yes, To be honest, is Dusk actualy just trying to create another financial product, or is it trying to create an economic cycle in the entire network where product, revenue and DUSK attract each other? The question is really worth thinking about, isn't it?
Hmm, for me, Dusk Trade seems to be quite important in Dusk's next step. Because if there is an opportunity to bring businesses and investors to the same place through regulated offerings, not only will new assets come, but their settlement and use can also increase on-chain activity. The matter is really important.
And this is where the utility of DUSK is interesting. Yes, I was looking a little deeper into how DuskEVM can increase the utility of $DUSK . If Dusk makes it easier for ETH developers to build, then there is a chance to create more applications like DEX, lending market, tokenized assets. This aspect is really amazing! Isn't it? Yes and, the more activity on the network, the more transactions and network fees are required. In other words, if Dusk Trade can successfully scale up, its impact should not be confined to just one product. That's why the ECSP license aspect is also important to me. Creating a compliant bridge between businesses looking to raise capital and investors looking for regulated investment opportunities creates the possibility of new financial assets entering the Dusk ecosystem. But yes, the most interesting part is stil ahead. How product revenue will return to the DUSK ecosystem - distribution among stakers, buyback and burn or community driven allocation - how much it will ultimately increase utility, remains to be seen.
Hmm and so, for me the main question is very simple:
Will Dusk Trade be just a product, or will it create a new economic loop for DUSK?🚀