Who has a good handle on coin burns on Defichain?

Question

Who has a good handle on coin burns on Defichain?

I'm trying to document this.

I know we burn:
1- DFI when a person pays off dUSD loans with DFI.
2- We now burn .5% in fees in dUSD from dUSD/DFI pool trades.
3- We also charge an extra .1% on dTokens pools and it's burned as dUSD, correct? or is it swapped to DFI and burned?

What other burn features do we have. Seems like I'm forgetting some fee that's burned somewhere.

#blockchain #cryptocurrency #defichain #english

0

23.05.2022

5 ответов

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Spencer L

Interest from loans also gets burned I believe, and there is a 5% liquidation fee on auctions that also is burned I think.

0

23.05.2022

DcShel Shelton Автор вопроса

Spencer L
Some other fees include 1 DFI for vault creation, ...

What do you mean automatic burn from block creation?

0

23.05.2022

Spencer L

DcShel Shelton
What do you mean automatic burn from block creati...

If you look at DFI-analytics it shows a certain portion burned from block creation. Not sure when that must’ve been implemented, it wouldn’t make sense to create x+10% block rewards just to burn that 10% of it.

0

23.05.2022

DcShel Shelton Автор вопроса

Spencer L
Interest from loans also gets burned I believe, an...

Someone said the .1% dToken extra pool fee was swapped to DFI and DFI burned rather than dUSD. I haven't seen any confirmation on that. Do you know if that's true or is it documented anywhere?

0

23.05.2022

Spencer L · Accepted Answer

Spencer L

Some other fees include 1 DFI for vault creation, the automatic burn from block creation, burns from CFP and DFIP creations, and then I’m pretty sure the 10 DFI for masternode creation is burned

0

23.05.2022

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Who has a good handle on coin burns on Defichain?

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