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 5026524. 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 5023644 and 5026524. Disclaimer: No warranty of displayed data.

Distribution

backed

algo

Sum algo
99.5%
210.15M
Sum backed
0.5%
1.04M

FutureSwap

Minted dUSD
8.8%
71.63M
Minted dToken
46.4%
376.75M
Burned dUSD
14.8%
120.09M
Burned dToken
30.0%
243.37M
Delta
84.93M
dUSD delta
-48.46M

dUSD Volume

Buys
12.49k
DEX fee
84
Sells (effective)
1.93k
Effective delta
10.56k

dUSD circulating supply

Total
88.37M
backed DUSD
0.4%
315.03k
algo DUSD
99.6%
88.05M

dUSD distribution

Total
98.18M
Locked
80.6%
79.11M
DMC
9.1%
8.94M
Free (approx.)
3.8%
3.76M
dToken pools
2.6%
2.60M
Collateral
2.5%
2.42M
Bond 2Y TVL
0.5%
472.43k
Gateway pools
0.5%
472.20k
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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