Quote from: DuskNetwork on July 03, 2019, 09:52:42 AM

Dusk Network integrates with Binance Chain
Click the title to read the full announcement!

(Dusk Network Integrates Binance Chain)

All of us at Dusk Network are very excited to announce that Dusk Network has committed to integrating our privacy-oriented blockchain with the Binance Chain, a new blockchain system developed by world-leading cryptocurrency exchange Binance and the community. As part of the effort, we will be migrating a part of our token ecosystem to Binance Chain.

Binance DEX application & welcoming contribution
Mels Dees, on behalf of Dusk Network has submitted a proposal to list DUSK on Binance DEX

We believe our integration with Binance Chain and application to the Binance DEX should not come empty-handed, but bear proof of our ability to contribute. Therefore, we are excited to announce two Binance Chain Evolution Proposals (BEPs).

Integration details
The integration will consist of the launch of a new BEP-2 token called DUSK, symbol (DUSK-45E). The total token supply of DUSK (ERC) + DUSK (BEP) will remain the same as before, ensuring continuity and transparency. We are minting 50M BEP-2 tokens and burning 50M ERC-20 tokens, to ensure a steady total supply of 500M Tokens.

Exciting times ahead, we are just getting started!

How to learn more about Dusk Network
Dusk eliminates the middlemen in regulated markets by using cryptography to implement privacy and trading restrictions on chain. This means we offer Security Tokenization that is private, scalable, and cheap.

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Integration with Binance chain..
So this means you will burn some regular ERC-20 tokens and issue BEP2 tokens instead ? Or am i missing the point here?

niklasmato

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