dToken stats

As a short explanation on how we as a community and blockchain drifted into such a situation with such high algo ratios.

In the beginning of the dToken system we had a big premium of 25 to 50% on dUSD and dToken. In order to reduce this premium, the community decided via Twitter Spaces that we should use DFI to payback dUSD loans. DFI at this time was between 3 and 5$.

Those DFI got burned and created the first algo dUSD. Total created dUSD via this mechanism were 0. This mechanism got turned off.

To keep the dToken premium within a range of +/-5%, the FutureSwap (FS) was created which swaps dUSD to dToken and back. Since this could create algo dUSD (more dUSD minted than burned) over time, we created this page to show the current state.

In the following graphs if the delta of FS shows a positive number it means it created more algo tokens than it burned. If the delta of FS shows a negative number it means it burned more token than it created.

Displayed values were taken at block 4527045. Shown values are measured in respective oracles prices (1 DUSD = 1$). Displayed future swap prices are current oracle prices and not at the time where the mint or burn occurred. If delta is positive for FutureSwap it means that it created (minted) additional tokens. If delta is negative it means that it destroyed (burned) additional tokens. Additional the dUSD volume was gathered between blocks 4526757 and 4527045. Disclaimer: No warranty of displayed data.

Distribution

backed

algo

Sum algo
99.6%
215.15M
Sum backed
0.4%
857.28k

FutureSwap

Minted dUSD
8.1%
67.86M
Minted dToken
47.6%
399.84M
Burned dUSD
14.2%
119.14M
Burned dToken
30.1%
252.37M
Delta
96.18M
dUSD delta
-51.28M

dUSD Volume

Buys
189
DEX fee
79
Sells (effective)
2.02k
Effective delta
-1.83k

dUSD circulating supply

Total
83.67M
backed DUSD
0.8%
676.72k
algo DUSD
99.2%
83.00M

dUSD distribution

Total
86.19M
Locked
86.6%
74.63M
Free (approx.)
6.2%
5.37M
Collateral
2.1%
1.79M
dToken pools
1.7%
1.49M
DMC
1.6%
1.35M
Bond 2Y TVL
0.8%
648.63k
Bond 1Y TVL
0.6%
518.50k
Gateway pools
0.5%
399.32k
StakeX TVL
0.0%
1
YieldVault addresses
0.0%
0

Shown time frame:

History of

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