I wasn't watching the price today. $0.061, volume under $2M—nothing special.
But I was digging through Dusk's security ratings because the whole pitch is institutional grade, MiCA compliant, built for regulated finance. Sounded solid.
Then I saw the numbers.
CER overall score: 29%. Audit coverage: 30%. Insurance: 0%. Bug bounty: 0%.
Zero. For a chain courting banks and tokenized securities.
Sat with that for a minute. Audits exist, sure. That's the starting line. But the gap between what they're selling and what's actually hardened? Pretty loud.
That 0% stuck with me more than any price move. Not saying it's doomed—most L1s launch with security still catching up. But when your whole identity is "the regulated option," showing up without a bug bounty makes you wonder.
Who's actually reassured here? The institutions they're pitching, or just us?
@Dusk_Foundation #dusk $DUSK
But I was digging through Dusk's security ratings because the whole pitch is institutional grade, MiCA compliant, built for regulated finance. Sounded solid.
Then I saw the numbers.
CER overall score: 29%. Audit coverage: 30%. Insurance: 0%. Bug bounty: 0%.
Zero. For a chain courting banks and tokenized securities.
Sat with that for a minute. Audits exist, sure. That's the starting line. But the gap between what they're selling and what's actually hardened? Pretty loud.
That 0% stuck with me more than any price move. Not saying it's doomed—most L1s launch with security still catching up. But when your whole identity is "the regulated option," showing up without a bug bounty makes you wonder.
Who's actually reassured here? The institutions they're pitching, or just us?
@Dusk_Foundation #dusk $DUSK