These past few days, I’ve been looking back at @Dusk_Foundation from a different angle. Putting the $DUSK price aside, what I want to break down is what this token is actually doing behind the system.
211M $ DUSK is locked in staking out of a total 1B tokens and this number keeps making me think. But looking at it alone isn’t enough to know whether the network is actually running strongly. A amount of tokens sitting in staking doesn’t say much about the activity behind it.
What’s more worth looking at is how this number relates to @Dusk_Foundation ’s role in the network’s overall design.
What I find quite interesting about #Dusk is that the DUSK emission rate doesn’t stay still: each block currently creates around 19.86 DUSK and this number will be halved every 4 years. The earlier you participate, the clearer the advantage in rewards, while the amount of new tokens entering the market will also gradually become lighter over time.
I also noticed that @Dusk_Foundation has changed its approach to supply. Previously, the 1B DUSK mark was expected around 2050; while the current design moves toward reducing emission in stages instead of keeping the old issuance rate.
I keep coming back to this 211M $ DUSK number: what story is it telling about @Dusk ? Are holders keeping tokens in staking for the rewards or is the growing stake also happening alongside more transactions and users on the network?
For me, this detail carries even more weight when placed next to Dusk’s ambition: bringing privacy-focused smart contracts into financial use cases, where requirements around data and transaction processing are much stricter.
So far, I still haven’t been able to connect these two data points into a solid conclusion: does rising staking actually lead to more activity on Dusk or not? If anyone has followed this network throughout the past year and kept data on validators, transactions or staking amounts, please share it with me. I want to look at the data instead of guessing.
$TRUMP $XRP #USDollarFallsToThreeMonthLow #TheoDõiFOMC #TinFed
211M $ DUSK is locked in staking out of a total 1B tokens and this number keeps making me think. But looking at it alone isn’t enough to know whether the network is actually running strongly. A amount of tokens sitting in staking doesn’t say much about the activity behind it.
What’s more worth looking at is how this number relates to @Dusk_Foundation ’s role in the network’s overall design.
What I find quite interesting about #Dusk is that the DUSK emission rate doesn’t stay still: each block currently creates around 19.86 DUSK and this number will be halved every 4 years. The earlier you participate, the clearer the advantage in rewards, while the amount of new tokens entering the market will also gradually become lighter over time.
I also noticed that @Dusk_Foundation has changed its approach to supply. Previously, the 1B DUSK mark was expected around 2050; while the current design moves toward reducing emission in stages instead of keeping the old issuance rate.
I keep coming back to this 211M $ DUSK number: what story is it telling about @Dusk ? Are holders keeping tokens in staking for the rewards or is the growing stake also happening alongside more transactions and users on the network?
For me, this detail carries even more weight when placed next to Dusk’s ambition: bringing privacy-focused smart contracts into financial use cases, where requirements around data and transaction processing are much stricter.
So far, I still haven’t been able to connect these two data points into a solid conclusion: does rising staking actually lead to more activity on Dusk or not? If anyone has followed this network throughout the past year and kept data on validators, transactions or staking amounts, please share it with me. I want to look at the data instead of guessing.
$TRUMP $XRP #USDollarFallsToThreeMonthLow #TheoDõiFOMC #TinFed
🔒 Staking is growing
📈 Network activity
🎁 Reward-driven staking
🌵 Data tells the story
15 jam lagi