$DUSK has use cases, but that doesn’t mean real demand already exists
Many people see that tokens can be used to pay Gas and also be staked, and then simply write “use” as “demand.” These two things are very far apart. Dusk’s $DUSK is indeed not just a symbol used for voting.
Transfers on the mainnet and contract execution require $DUSK to pay Gas; direct stakers must lock tokens and run a provisioner node, participate in consensus, and earn rewards from newly issued supply and transaction fees. The official model sets an initial supply of 500 million tokens; another 500 million will be issued over the next 36 years. The maximum supply is 1 billion, with emissions halving every 4 years. The minimum threshold for direct staking is 1,000 DUSK.
This is more like a toll road: as the number of vehicles keeps increasing, the tolls would generate real demand. If the main “income” comes from construction subsidies, it can’t prove the road is already busy. Applied to Dusk, new emissions are part of the safety budget, while transaction fees are what more closely resemble the traces of actual network usage.
So I won’t judge dusk’s value solely by staking rewards. Emissions will create supply; whether fees gradually take on more of the rewards depends on whether transfers, contract activity, and the settlement of regulated assets can keep growing. Nodes also face punishment risks from being offline, casting invalid votes, or double-signing. Use cases belong in the protocol; demand must be proven by on-chain activity. @Dusk #dusk
Many people see that tokens can be used to pay Gas and also be staked, and then simply write “use” as “demand.” These two things are very far apart. Dusk’s $DUSK is indeed not just a symbol used for voting.
Transfers on the mainnet and contract execution require $DUSK to pay Gas; direct stakers must lock tokens and run a provisioner node, participate in consensus, and earn rewards from newly issued supply and transaction fees. The official model sets an initial supply of 500 million tokens; another 500 million will be issued over the next 36 years. The maximum supply is 1 billion, with emissions halving every 4 years. The minimum threshold for direct staking is 1,000 DUSK.
This is more like a toll road: as the number of vehicles keeps increasing, the tolls would generate real demand. If the main “income” comes from construction subsidies, it can’t prove the road is already busy. Applied to Dusk, new emissions are part of the safety budget, while transaction fees are what more closely resemble the traces of actual network usage.
So I won’t judge dusk’s value solely by staking rewards. Emissions will create supply; whether fees gradually take on more of the rewards depends on whether transfers, contract activity, and the settlement of regulated assets can keep growing. Nodes also face punishment risks from being offline, casting invalid votes, or double-signing. Use cases belong in the protocol; demand must be proven by on-chain activity. @Dusk #dusk