Looking at the DUSK token unlock progress, I can't help but chuckle—turns out there are really two types of tokens: unlocked and still in lock-up.

The data shows that 56.37% of $DUSK is now "free," while the remaining 43.63% still need to wait. If these tokens could talk, they'd probably ask: "How much longer do I have to wait?" The answer might be: "Wait until the mainnet is fully stable."

The phased unlocking design is quite clever. Releasing a large amount of tokens all at once is like detonating a bomb; spreading it out can actually help protect the market. This also reflects the team's attitude toward long-term development—not aiming for overnight riches and then running away, but considering ecosystem stability.

However, from an investment perspective, unlocking ≠ price increase. Who is unlocking the tokens is crucial—whether it's the foundation, early investors, or team members. Different backgrounds lead to very different market reactions. When you see "unlock," don't get excited immediately—first, understand where the selling pressure is coming from.

Speaking of DUSK itself, it does have some substance in the privacy finance track. Phoenix privacy technology combined with the Zedger model makes transaction data protection quite thorough—user asset flows are completely anonymous. This mechanism is like giving every transaction an encrypted shield.

Overall, the token unlock mechanism is well-designed, and the privacy technology is solid. But any investment should be rational. $DUSK has a story and technology worth paying attention to, but do your own homework before getting in.