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 4904337. 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 4901457 and 4904337. Disclaimer: No warranty of displayed data.

Distribution

backed

algo

Sum algo
99.4%
190.44M
Sum backed
0.6%
1.22M

FutureSwap

Minted dUSD
10.4%
71.62M
Minted dToken
44.1%
302.76M
Burned dUSD
17.4%
119.84M
Burned dToken
28.0%
192.64M
Delta
61.90M
dUSD delta
-48.22M

dUSD Volume

Buys
16.27k
DEX fee
184
Sells (effective)
4.21k
Effective delta
12.05k

dUSD circulating supply

Total
89.13M
backed DUSD
0.4%
339.77k
algo DUSD
99.6%
88.79M

dUSD distribution

Total
98.96M
Locked
79.9%
79.09M
DMC
9.1%
8.96M
Free (approx.)
4.3%
4.25M
Collateral
2.8%
2.80M
dToken pools
2.6%
2.57M
Bond 2Y TVL
0.5%
472.43k
Gateway pools
0.4%
420.79k
Bond 1Y TVL
0.4%
393.32k
StakeX TVL
0.0%
1
YieldVault addresses
0.0%
0

Shown time frame:

History of

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