Dusk, Now on DeversiFi!

14 April 2020 – Dusk Network (DUSK), the privacy blockchain for financial applications, is now available for trading on DeversiFi against USDT. Read on and learn about the Dusk Network!

DeversiFi traders can now trade DUSK tokens directly from the security of their private wallets whilst accessing the best prices, fast speeds and deeply liquid order books. Traders simply need to lock DUSK or USDT tokens in the DeversiFi smart contract and begin trading.

“Dusk Network is leading the way in implementing Zero Knowledge cryptography, including Plonk, into a ledger that is specifically tailored for meeting regulatory requirements for the trading and issuance of tokenized assets and security tokens. Dusk Network in bringing a public blockchain to traditionally closed markets and opening up walled gardens for the benefits of all investors. DeversiFi is happy to support Dusk Network as it brings DeFi to regulated markets ” – Ross Middleton, CFO of DeversiFi said.

About Dusk Network

Dusk Network is the Privacy Blockchain for Financial Applications. A new standard for compliance, control and collaboration. It’s their mission to enable any size enterprise to collaborate at scale, meet compliance requirements and ensure that personal and transaction data remains confidential. Companies use the Dusk Network blockchain to issue tokens, trade and collaborate via smart contracts.

Dusk Network is focussed on delivering a blockchain that offers confidential transactions, and immediate on-chain finality.  This is made possible by their novel consensus mechanism called Segregated Byzantine Agreement (SBA). SBA includes Proof-of-Blind Bid (PoBB) – a Private Proof-of-Stake leader extraction mechanism that uses zero-knowledge privacy technology to provide confidentiality to its participants.

The DUSK token fuels the Dusk Network economy. Businesses use DUSK to pay for network services, such as deploying and running a smart contract, transferring DUSK or ‘XSC-based’ security tokens. For each transaction submitted to the network, DUSK is used to compensate network nodes for bandwidth, verification, and storage.

Recently, Dusk Network revealed their partnership with Firm24 – the leading incorporation platform in the Netherlands serving approximately 35,000 companies from the Benelux – and shared their plans to tokenize the equity of thousands of dutch companies by the end of 2020 in collaboration with LTO Network and Firm24.

About DeversiFi and DeversiFi 2.0

DeversiFi — Decentralised Edge for Serious Traders — gives traders the edge in fast moving decentralised finance (DeFi) markets by allowing them to trade at lightning speed and with deep aggregated liquidity, directly from their privately owned cryptocurrency wallet. Traders can take advantage of more trading opportunities while always preserving control of their assets for when they need to move fast.

The current DeversiFi 1.0 platform allows traders to trade directly from the security of their private wallets, whilst facing deep aggregated liquidity. Traders are always in control of their crypto assets as each trade is settled on-chain, removing exchange and counterparty risk.

Launching in May 2020 in conjunction with StarkWare ZK-Rollups, DeversiFI 2.0 will offer traders all the benefits of DeversiFI 1.0, but also allowing for 9000+ trades-per-second, completely private trading and low fees, all whilst ensuring they stay in control of their assets at all times. DeversiFi 2.0 will be the first complete and compromise-free non-custodial trading platform for professional traders.

More Information

For more information, see the DeversiFi Dusk Support pages or head to our Telegram community to share your questions,

We work around the ⏰ on the development of DeversiFi as the home of decentralised token trading, offering the most innovative solutions putting our users in control of their trading experience without sacrificing on speed, liquidity, choice or trust.

Get involved with, play your role and join us together as we fan the flames of the financial evolution.

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