At Dusk, we hold transparency and clarity at the utmost priority. With this in mind, we would like to address some of the concerns and misinformation surrounding the recent Over-The-Counter deal and provide a followup to our recent announcement in that respect to dispel unfounded rumours and remove the speculation circulating around the nature of the deal in question. I can confirm that the counterparty was DWF Labs. For the whole 2023, Dusk has remained steadfast in its commitment to not be selling DUSK tokens. The engagement with DWF Labs was a calculated move to secure a foothold in critical Asian financial markets, notably South Korea, a region known for its challenging barriers to entry. DWF Labs approached us in a manner consistent with this ambition, by inquiring about Dusk's interest around a market making proposition. Our due diligence revealed an impressive track record with many reputable projects such as Synthetix, Conflux, TON, and Algorand, among the others, which we reached out to, and gathered a generally positive feedback. This bolstered the decision to move forward with this partnership. Market makers require a supply of tokens to manage order books effectively and ensure minimal spread, which is crucial for a healthy trading environment. These tokens can be supplied via a loan, direct operations on the client's account for a fee, or an OTC deal. We chose the OTC route as it carries a lower risk profile compared to loans (which are returned after a period from 12 to 18 months, or not returned at all if the company goes bankrupt) and allows for more controlled liquidity provision. Being on the cusp of launching our Mainnet, our intention was to leverage DWF Labs’ insights for Dusk’s expansion into new territories while ensuring that our innovative technology reaches a broader audience. In the interest of our radical transparency approach, following has been the first batch of action points agreed with DWF: - Provide logistic support for the expansion into the Asian market, starting with South Korea. DWF will introduce Dusk to the two main exchanges in South Korea. Dusk has the option (but not the obligation) to recruit DWF as Market Maker - Liaise with reputable marketing agencies operating specifically in South Korean, Singapore, Hong Kong, Vietnam, and Thailand. Provide direct introduction and preferential treatment with important discounts. First we have been introduced to is Coworkers, which apparently has a strong reputation in the Korea web3 community. - Provide a list of RWA and L1/privacy projects that could serve as potential partners for Dusk and make warm introduction with decision makers based on Dusk's request - Secure multiple talks in important conferences for Dusk in Europe and Asia, starting with World Crypto Forum in Davos where DWF is a title sponsor - Launch and curate validator nodes on Dusk with the intention of participating in the Network both during ITN as well as on Mainnet, providing feedback, and contribute to the overall security of the Network. This was similar to what DWF did on TON. As you can see, the engagement with DWF Labs was motivated by the opportunity to avail of a market maker with proven global connections and expertise in markets that are becoming of interest for us. As such, it appeared to simultaneously satisfy the need for strategic agility while keeping in line with our ethos of independence from venture capital influences. We took note that the partnership has attracted undue negative attention and consequently have been putting it on hold, in order to bring more attentive scrutiny on DWF operations. We are dedicated to transparency and will continue to evaluate our partnerships to ensure they align with our values and the interests of our stakeholders.

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We're pleased to share that we have implemented crosschain bridges for #INTD from #Polygon to #NULS and ENULS via NerveBridge👏