Dust Protocol (DUST) is a decentralized multi-chain utility and governance token on the Solana blockchain. More
| Fully Diluted Valuation | $1.09M |
|---|---|
| 24H Trading Volume | $182 |
| 24H Low / High | $0.03 / $ 0.03 |
| Circulating Supply | 33.30 M |
| Total Supply | 33.30 M |
| Max Supply | 33.30 M |
| Categories | Solana Ecosystem 2 more |
|---|---|
| Founder | Anonymous |
| Website | dustprotocol.com |
| Socials | |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Polygonscan 6 more |
| Contracts |
0xb5b....dc0cc
2 more
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| Name | Pair | OG Score |
|---|
Dust Protocol (DUST) is a unique project on the Solana blockchain. Unlike many tokens, DUST started with zero supply and reached its total cap of 33,300,000 through a fair-launch process. This means there was no pre-mine or reserved tokens for developers.
Key Features
Governance and Use: DUST tokens are used for governance, allowing holders to vote on important decisions and manage the Dust DAO treasury. They also facilitate transactions within the protocol, including NFT purchases.
Gaming Integration: Dust Protocol enhances gaming by allowing game assets to be used across different platforms. This is done through smart contracts that work with the Metaplex Protocol and other Solana contracts, making assets more versatile.
Privacy and Security: The protocol uses the Noise protocol framework for secure communication and operates on its own blockchain. This setup helps protect user data and ensures efficient transactions.
Connection to Raindrops Protocol
Dust Protocol supports the Raindrops Protocol, which focuses on tokenizing real-world assets with privacy and compliance features. This partnership highlights Dust Protocol’s role in advancing privacy and inclusion in blockchain technology.
Governance and Distribution
Dust Protocol is governed by its community, allowing members to propose and vote on changes. All DUST tokens were distributed by February 22, 2023, ending the emission phase and focusing on its uses and governance.
Conclusion
Dust Protocol offers innovative features in blockchain technology, including gaming integration, privacy, and community governance. Its fair distribution and focus on practical applications make it a notable player in the blockchain space.
Dust Protocol (DUST) is unique for its fair-launch distribution model, starting with zero supply and reaching a capped total of 33,300,000 tokens, ensuring an equitable allocation with no pre-mine or reserved tokens.
The Dust Protocol was developed by the Dusk Foundation, though specific individual founders are not disclosed.
Raydium, Orca
