The Second Wave of BSC Privacy Protection Unicorn-the Layout of DCS

DCS
8 min readOct 28, 2021

Foreword: The special AMA between DCS and BSCDaily, the trend will become the starter of a new round of DCS skyrocketing.

In the second half of 2021, with the implementation of supervision, the cryptocurrency market has ushered in a second wave. Bitcoin has returned to 60,000 US dollars, even crossed a new ATH and regained its highest position. After Bitcoin and Ethereum began to gradually stand on their heels, a large number of tracks on the market began to surge, for example, DeFi 2.0 gradually comes into users’ view, the NFT ecology once again ushered in new applications, and the cross-chain track also began to show a good enthusiasm as the auction of Polkadot’s Parachain Slots, other tracks like new public chains, games, Dex gradually have more users and assets. As for privacy protection tracks, there is even a new sign begin to appear. With the rapid growth of DeFi TVL, users’ demand for privacy has gradually become stronger, which has also become a big step for DCS to provide users with more security and protection on BSC.

Multi-chain layout- the AMA cooperation of DCS and BSCDaily

In the course of the development of the cryptocurrency field, due to the expensive gas fees of Ethereum and the problem of network congestion, public chains of various application directions have been gradually developed, making the entire cryptocurrency ecosystem gradually larger. The continuous improvement of cross-chain technology has opened up some public chains, and gradually solved the previous information island problem, and many ecologies and projects on public chains have also begun to be deployed on multiple public chains. DCS is currently the leading project on the privacy protection track on the BSC map, and because of the huge BSC ecology and the rapid development of DeFi, DCS will soon be deployed on BSC. After a period of tortuous development, it has achieved good results. Currently there has been a large amount of funds to fulfill its own needs through DCS, and the ecological application is gradually expanding, so that to provide BSC with infrastructure construction for some specific application scenarios.

DCS will soon launch the second new public chain, which is also a very important point in the progress of the DCS project. The future project will expand the ecology in the form of multi-chain. The beginning of the DCS multi-chain layout means that there will be a large number of new users and funds that can adopt DCS to meet the need of protecting the privacy of funds, and this privacy protection & DeFi project will also be deployed on each chain.

This is also a form of new gameplay that DCS brings to various public chains. Currently, privacy-protection projects with various protocols such as ZEC, XMR, Dash cannot provide DeFi gameplay while users in DCS can issue certificate or carry liquidity mining. In this way, the tokens hold by users can be used to obtain some additional yields for themselves.

Therefore, the launch of a new public chain will be able to quickly expand the layout of DCS, and rapidly expand the influence of DCS, lay a solid foundation for the explosion of DCS, accelerate ecological development and bring more and newer empowerments to DCS.

The long-term sustainable development of DCS soon stood out on BSC. on October 25, DCS and BSCDaily held an AMA together to publicize DCS and solve some problems of community users. With the announcement of the powerful influence of BSCDaily, the development of DCS in BSC will become easier, and more and more users will start to understand the DCS project and participate in this project.

It is obviously that the recent development of DCS has achieved good results, both in technical progress and cooperation. Then let’s take a look at the data direction of DCS.

Stable rising price, with DCS locked positions exceeding 5.37 million

The economic model of DCS is very closed. Users who hold DCS will receive dividends from project trading fees, get rewards by participating in liquidity mining, and the rights of joining DAO governance, etc., also, because of the market’s demand for privacy-protection, the price of DCS has risen steadily since the project went live. From a long-term perspective, many early users have benefited from the rising dividend of DCS. In the future, the trend of the entire privacy protection market will continue to rise. The rapid development of DeFi and the rise of Web3.0 will make the entire privacy coins track reach a new level and these have become the starter of the next round of DCS outbreak. Therefore, for DCS, it is a big trend for the entire privacy coins track to exceed 100 billion market cap in the future, and DCS has become a new value depression in this trend, and will also have a bright future.

The performance of DCS on Pancakeswap is also quite good. The current liquidity of the pool has exceeded $2.43 million. The activity of the thicker pool is getting higher than before.

Judging from the data on the chain, the number of DCS holding users is 14,745, which continually keep increasing, as well as entrance funds. The total trading volume has exceeded 710,000. After the completion of the early cold start of DCS, the explosive growth of users began, and this trend has continued. In the future, DCS will gradually become one of the most frequently used projects of DeFi projects on BSC.

From the perspective of tokens, the current total token output is 7,214,500, and there are 5.3708 million DCS locked in liquidity, which means that more than 74.44% of the tokens are locked by users. Therefore, there are not many DCS circulating in the market, and users also have a very high consensus on the project as the benefits that DCS brings to users are considerable. The TVL of DCS is already quite good, and the liquidity is very sufficient, which is one of the reasons why DCS can continue to rise steadily.

The development of DCS is actually closely related to the DeFi development of BSC. At present, the DeFi funds on BSC rank second among all public chains, with a total locked-up capital of 23.73 billion U.S. dollars and a net locked-up capital of 15.2 billion U.S. dollars. The growing TVL on BSC will allow a large number of users and funds to flow into BSC. The BSC official recently announced a support plan of 1 billion U.S. dollars. So, the future development potential of BSC is huge, and as an privacy coin on BSC Unicorn, DCS will also be able to keep up with the rapid development of BSC.

Bitcoin halving has ushered in a violent bull market, the DCS halving mechanism will also become a skyrocketing initiator

Since the Bitcoin halving in May 2020, the price of Bitcoin has continued to grow. This is not accidental, each halving of Bitcoin will bring the price of Bitcoin to a new level and bring more opportunities to the market.

We can see that the Bitcoin halving has brought a new tipping point. As of May 2020, the price will rise in a short period of time. The Bitcoin halving will lead to a violent bull market. One of the main reasons is that it can attract the heat of the market and attract a large number of off-market users. A large amount of incremental funds and incremental users enter the market. At the same time, Bitcoin The new supply of coins has been halved again, and of course the price will rise.

DCS also has a halving mechanism similar to Bitcoin. It will be halved every six months (5,184,000 BSC blocks height). The amount of generated tokens has changed from the original 8,400 to 4,200, so in the same way, the output after half a year will only be 2,100.

The existence of the DCS halving mechanism means that the project only has relatively large inflation in the early stage, and with time the newly added DCS amount will become very small. For users, they can participate in DCS mining in the early stage and obtain higher mining income. This is the dividend period of DCS. After the subsequent halvings, the difficulty for users to mine DCS is much higher than before.

The halving of DCS is the same as Bitcoin’s, which is easy to become the initiator of skyrocketing. With the maturity of the DeFi market, users will have more demand for the market, and since the new output of DCS is not much and there are a large number of users, so it will further result in fewer DCS in circulation, and the economic model of DCS itself has its own deflationary attributes, which further increases the value of DCS.

Therefore, when the DCS is halved, the price may gradually reach ATH. According to the comparison with the market value of Bitcoin, the gain in each halving may exceed Bitcoin.

Summary

The development of DCS is obvious to all. It is gradually becoming the most powerful privacy-protection project on BSC, and the entire ecosystem is still expanding, eventually moving towards multi-chain applications, serving a large number of DeFi ecosystems as an important infrastructure for market security. The early dividends brought by DCS will also belong to the early project participants, they will share the market dividend cake togerther. The future layout of DCS will enable it to stand on the shoulders of giants and go further.

--

--