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 4752460. 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 4749580 and 4752460. Disclaimer: No warranty of displayed data.

Distribution

backed

algo

Sum algo
99.6%
202.46M
Sum backed
0.4%
735.74k

FutureSwap

Minted dUSD
9.2%
68.59M
Minted dToken
45.8%
341.48M
Burned dUSD
16.0%
119.27M
Burned dToken
29.0%
216.49M
Delta
74.30M
dUSD delta
-50.69M

dUSD Volume

Buys
54.28k
DEX fee
365
Sells (effective)
9.16k
Effective delta
45.13k

dUSD circulating supply

Total
88.04M
backed DUSD
0.6%
539.82k
algo DUSD
99.4%
87.50M

dUSD distribution

Total
98.06M
Locked
80.5%
78.90M
DMC
9.3%
9.15M
Free (approx.)
5.4%
5.33M
Collateral
1.7%
1.66M
dToken pools
1.7%
1.64M
Gateway pools
0.5%
508.28k
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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