$DUSK is worth a deep dive. Many people analyze the native tokens of blockchain projects and often think it's just that—merely a medium of exchange or for paying gas fees. But take a look at DUSK's ecosystem architecture, and you'll realize that the imagination for this token goes far beyond these.

Starting from a governance perspective. The Dusk network adopts a community-driven upgrade approach, with voting rights tied to DUSK staking amounts. This isn't about casting a trivial or irrelevant proposal, but about critical votes that determine the protocol's main direction—should the next development cycle prioritize securitization products or insurance contracts? How should privacy algorithm parameters be optimized to adapt to new regulatory environments? For institutional investors, this means they can directly shape the infrastructure they rely on, rather than being forced to adapt to protocol evolutions. The role of DUSK holders shifts from mere asset owners to genuine participants in network upgrades.

The economic model is the key. All value transfers within the Dusk ecosystem—fees generated from RWA tokenization, gas costs for privacy DeFi transactions, bridging fees for cross-chain interactions—are settled in DUSK. The protocol also incorporates a deflationary mechanism, periodically burning a portion of transaction fees. This way, the growth in network usage automatically correlates with the accumulation of DUSK's value. The richer the ecosystem applications and the more active the transactions, the more economic value DUSK carries, which in turn encourages more developers to build on it. This creates a positive feedback loop.