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 3517797. 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 3514917 and 3517797. Automated buys are performed by Buy and Burn Bot (BBB) and automated sells are performed by CAKEs' Yield Vault, everything else is counted as organic, means that a user bought or sold dUSD.

Distribution

backed

algo

Sum algo
72.6%
193.93M$
Sum backed
27.4%
73.35M$

FutureSwap

Minted dUSD
10.0%
29.51M$
Minted dToken
41.4%
122.74M$
Burned dUSD
33.6%
99.36M$
Burned dToken
15.0%
44.52M$
Delta
8.36M$

dUSD Volume

Organic buys
159.57k
Automated buys
0
Automated sells
1.56k
Organic sells
104.67k
Delta
53.34k

dUSD circulating supply

Total
186.94M
backed DUSD
37.3%
69.78M
algo DUSD
62.7%
117.16M

dUSD distribution

Total
186.94M
Collateral
51.3%
95.92M
Free (approx.)
14.3%
26.73M
dToken pools
14.1%
26.33M
Gateway pools
11.4%
21.32M
YieldVault addresses
8.9%
16.64M

Shown time frame:

History of