last few days? Are the values improving (algo ratio and so on?) People have stopped posting about this topic on Twitter, so I was wondering :)
things are slowly improving. the algo ratio is now 63,72% compared to 63,57% (4 3/4 days ago) the algo dusd is now 110,43 million compared to 110,83 million last time for reference there was 113,46 million algos one month ago and 119,15 million two months ago
Algo ratio is not really improving past month (in fact it has risen some amount) and that is mainly due to a lot of backed DUSD disappearing and a lot of unbacked dAssets being converted into unbacked DUSD. However the total amount of unbacked DUSD and dAssets in DUSD worth it dropping still.
the ratio is higher, but I think it’s more important the quantity of algos and not the percentage
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