What is Dust Protocol (DUST)

Dust Protocol ( DUST/USDT – Trade it here) is the fuel that drives the entire DeGods ecosystem. DeGods is an experimental collection of NFTs on the Solana ecosystem. Dust is an Internet protocol designed to resist a number of attacks currently in active use to censor Internet communication. Dust uses a novel technique for establishing a secure, blocking-resistant channel for communication over a filtered channel. Once a channel has been established. Dust packets are indistinguishable from random packets and so cannot be filtered by normal techniques.

What is Dust Protocol (DUST)
What is Dust Protocol (DUST)

What is DUST Project about?

Dust is a protocol designed to provide protocol unobservability in order to implement Kopsell’s concept of blocking resistance as a necessary prerequisite to achieving censorship resistance. The Dust protocol is designed to protect against an attacker that utilizes Deep Packet Inspection (DPI) to fingerprint protocols for the purpose of blocking or rate-limiting connections. In order to establish protocol unobservability, all packets consist entirely of encrypted or random single-use bytes so as to be indistinguishable from each other and random packets.

Dust is designed to protect against current attacks, which are based on matching fingerprints of protocols against blacklists of known protocols. An obvious counteract against the Dust protocol is to switch from blacklist filtering to whitelist filtering.

The DUST Protocol belongs to the NFT project DeGod. This is an “experimental collection” of vibrant colored profile pictures, which are issued on the Solana (SOL) blockchain. DUST protocol is the utility token for the DeGods NFT collection. Holders of the NFTs can earn DUST by staking their tokens.

Tokenmics of DUST

DUST token is issued on the popular and fastest-growing Solana Blockchain. Dust is an SPL token based on the Solana Blockchain. It was created with a starting zero supply. DUST also describes itself as a playable social game.

  • Maximum Supply

The maximum supply is 33,300,000 DUST.

  • There will be 3 halving periods. Each halving will reduce DUST staking rewards by 50%.
    • 1: 16,650,000 $DUST tokens mined.
    • 2: 24,975,000 $DUST tokens mined.
    • 3: 29,137,500 $DUST tokens mined.
  • DeGods

Every DeGod has the ability to mine 2.5 DUST per day.

The only way a DeGod can mine DUST is via staking.

  • DeadGods

Every DeadGod has the ability to mine 7.5 DUST per day.

The only way a DeadGod can mine DUST is via staking.

  • METHODS TO EARN DUST TOKENS

Staking – DeGods holders can earn 10 DUST tokens daily by staking NFTs, providing them with perfect passive income and ready-made ROI mechanisms.

Burning – Guardians can also burn their gods. Once their “god” is burned, it is eliminated from circulation, which also helps increase the value of the entire gods’ collection. The team will soon launch a burning dApp to facilitate burning DeGods, allowing holders to earn DeDAO Treasure DUST tokens.

Recent DUST Token Price & Performance

Since listed on MEXC in August 2022, DUST reached the highest price (ATH) of 4.000 USDT, during the past 30 days, with the lowest price for DUST being 0.800 USDT.

How to buy DUST Token?

You can buy DUST on MEXC following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  1. Search “DUST” using the search bar to see the available trading pairs. Take DUST/USDT as an example.
  1. Scroll down and go to the [Spot] box. Enter the amount of DUST you want to buy. You can choose from opening a Limit order, a Market order, or a Stop-limit order. Take Market order as an example. Click [Buy DUST] to confirm your order. You will find the purchased DUST in your Spot Wallet.

Interested in crypto like DUST?

MEXC lists moonshot and provides access to trading of major crypto coins like DUST. Keep an eye on our listings in Innovation and Assessment zones, as well as major tokens in the Main Zone – we have more great projects to come! Also, visit the hot projects section to find more hot tokens that were listed already. If you would like to know more about crypto trading itself, visit MEXC Academy.

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