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 5115927. 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 5113047 and 5115927. Disclaimer: No warranty of displayed data.

Distribution

backed

algo

Sum algo
99.5%
208.02M
Sum backed
0.5%
983.17k

FutureSwap

Minted dUSD
8.9%
71.66M
Minted dToken
46.2%
370.90M
Burned dUSD
15.0%
120.09M
Burned dToken
29.9%
239.81M
Delta
82.65M
dUSD delta
-48.44M

dUSD Volume

Buys
8.45k
DEX fee
193
Sells (effective)
4.46k
Effective delta
3.99k

dUSD circulating supply

Total
88.16M
backed DUSD
0.3%
301.72k
algo DUSD
99.7%
87.86M

dUSD distribution

Total
97.92M
Locked
80.8%
79.16M
DMC
9.1%
8.90M
Free (approx.)
3.7%
3.63M
dToken pools
2.7%
2.60M
Collateral
2.4%
2.37M
Bond 2Y TVL
0.5%
472.43k
Gateway pools
0.4%
398.94k
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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