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 5799235. 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 5796355 and 5799235. Disclaimer: No warranty of displayed data.

Distribution

backed

algo

Sum algo
99.9%
178.78M
Sum backed
0.1%
201.67k

FutureSwap

Minted dUSD
11.7%
73.28M
Minted dToken
42.2%
264.33M
Burned dUSD
19.2%
120.37M
Burned dToken
26.9%
168.54M
Delta
48.69M
dUSD delta
-47.09M

dUSD Volume

Buys
653
DEX fee
0
Sells (effective)
0
Effective delta
653

dUSD circulating supply

Total
88.56M
backed DUSD
0.1%
123.06k
algo DUSD
99.9%
88.44M

dUSD distribution

Total
98.27M
Locked
81.0%
79.57M
DMC
9.0%
8.84M
Free (approx.)
5.6%
5.46M
Collateral
2.0%
1.98M
dToken pools
1.1%
1.06M
Gateway pools
0.5%
479.95k
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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