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 4026619. 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 4023739 and 4026619. Disclaimer: No warranty of displayed data.

Distribution

backed

algo

Sum algo
81.4%
202.71M
Sum backed
18.6%
46.25M

FutureSwap

Minted dUSD
10.1%
47.42M
Minted dToken
43.4%
203.65M
Burned dUSD
23.4%
109.76M
Burned dToken
23.1%
108.32M
Delta
32.99M

dUSD Volume

Buys
92.84k
DEX fee
33.23k
Sells (effective)
108.18k
Effective delta
-15.34k

dUSD circulating supply

Total
153.63M
backed DUSD
28.4%
43.61M
algo DUSD
71.6%
110.02M

dUSD distribution

Total
153.63M
Collateral
38.3%
58.80M
Free (approx.)
24.9%
38.30M
dToken pools
12.2%
18.69M
StakeX TVL
7.9%
12.15M
DMC
5.9%
9.07M
Gateway pools
4.4%
6.75M
Bond 2Y TVL
2.3%
3.61M
YieldVault addresses
2.0%
3.14M
Bond 1Y TVL
2.0%
3.12M

Shown time frame:

History of

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