Name : Dust Protocol (DUST)
DUST Price : $0.481 -1.93%
Consensus Mechanism : SPL Token
Volume: 112,349
Market Cap: 9,202,305
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Last Screening: Q3 2023
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Overview
The DUST protocol is a multi-chain decentralized utility token associated with the Dust Protocol, which serves as the fuel for the DeGods ecosystem on the Solana blockchain. Its primary purpose is to enable community-led governance over holder proposals and the Dust DAO treasury. Additionally, it aims to provide protocol unobservability to achieve blocking resistance, which is crucial for attaining censorship resistance. The protocol's association with DeGods, an experimental NFT collection on Solana, further enhances its significance within the ecosystem.
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