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 4983936. 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 4981056 and 4983936. Disclaimer: No warranty of displayed data.

Distribution

backed

algo

Sum algo
99.5%
202.23M
Sum backed
0.5%
1.07M

FutureSwap

Minted dUSD
9.4%
71.63M
Minted dToken
45.6%
347.71M
Burned dUSD
15.7%
120.08M
Burned dToken
29.3%
223.37M
Delta
75.89M
dUSD delta
-48.45M

dUSD Volume

Buys
14.87k
DEX fee
186
Sells (effective)
4.25k
Effective delta
10.63k

dUSD circulating supply

Total
88.55M
backed DUSD
0.4%
313.12k
algo DUSD
99.6%
88.24M

dUSD distribution

Total
98.36M
Locked
80.4%
79.11M
DMC
9.1%
8.95M
Free (approx.)
4.0%
3.90M
dToken pools
2.6%
2.56M
Collateral
2.5%
2.49M
Gateway pools
0.5%
499.28k
Bond 2Y TVL
0.5%
472.43k
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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