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 223.56M. 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 4120140. 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 4117260 and 4120140. Disclaimer: No warranty of displayed data.

Distribution

backed

algo

Sum algo
76.3%
197.81M
Sum backed
23.7%
61.43M

FutureSwap

Minted dUSD
11.1%
51.71M
Minted dToken
42.2%
197.39M
Burned dUSD
23.5%
110.03M
Burned dToken
23.1%
108.14M
Delta
30.92M

dUSD Volume

Buys
29.58k
DEX fee
2.12k
Sells (effective)
28.14k
Effective delta
1.44k

dUSD circulating supply

Total
170.19M
backed DUSD
34.7%
59.03M
algo DUSD
65.3%
111.16M

dUSD distribution

Total
170.19M
Collateral
45.9%
78.20M
Free (approx.)
21.1%
35.99M
dToken pools
10.3%
17.53M
StakeX TVL
9.6%
16.37M
Gateway pools
5.4%
9.18M
DMC
2.8%
4.73M
Bond 2Y TVL
2.1%
3.61M
Bond 1Y TVL
1.8%
3.12M
YieldVault addresses
0.9%
1.45M

Shown time frame:

History of

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