It has been weeks since the last report. Visions of verico sales launched, to a modest start and we have learned about a major cost reduction effort which will take effect soon. Time to take inventory.
On July 12th the DAO crossed the threshold of selling 1b DEC through the credit system and today we at 1.04b DEC sold. The good news is, with Visions of verico a lot of DEC came back into the DAO which pushed the average DEC inflow to just short of 3.4m. At the same time the outflow of DEC went up too due to the increase secondary market activity and the average daily outflow is now 13.7m. This means the avg daily reduction in DEC spending went down by about 1.3m to 10.3m DEC a day.
I won't even mention the daily mint anymore, it is still nothing. The average USD income increased from credit sales increased to 3900 USD. While the increase is only about 150 USD despite 2 weeks VoV sale, it must be considered that a lot of the income was in DEC. It should also be noted that packs bought in USDC (not in credits) are not included in this number.
On to the burning:
| account | total_since_2026_01_01 | avg_daily |
|---|---|---|
| LP_FEES | 42.127k | 216k |
| $GUILD_STORE | 270k | 1k |
| $MARKET_LIST_FEE | 0 | 0 |
| $ENERGY | 10.905k | 56k |
| $WILD_PASS | 37.115k | 190k |
| $UNBIND_ACCOUNT | 13.405k | 125k |
| $UNBIND_BURN | 4.030k | 21k |
| $RANKED_PASS | 1.440k | 7k |
| $SHOP | 17.407k | 90k |
| $MARKET_BURN_FEE | 57.978k | 297k |
| $RENTAL_BURN_FEE | 0 | 0 |
| $TOKEN_RENTAL_FEE | 45k | 0 |
| $TOKEN_RENTAL_BURN_FEE | 765k | 4k |
| $LAND_GRAIN_AUTOPURCHASE | 0 | 0 |
| $LAND_TC_DECBURN | 518k | 3k |
| $LAND_POWER_CORE_PURCHASE | 5.669k | 29k |
| $LAND_GRAIN_PURCHASE | 0 | 0 |
| TOTAL | 191.673k | 1.040k |
Burning still is about 1m DEC, it is remarkably consistent. It is still doing nothing for the DEC price and by now the DAO could have 75m more DEC in its coffers if all the fees just wouldn't be burned. Yes, the DAO burned 17,7k USD worth of DEC since it took over.
Speaking of USD, with the cost restructuring the daily obligations for the DAO are reduced to 2000 USD a day. Considering the avg income is almost double and the majority of the funds will be allocated DEC buybacks according to the currently passing proposal, which at the current prices would allow for roughly 8m DEC daily buybacks. This means the DAO would still be 2m short, on average, to break even with DEC spending. Considering we burn 1m DEC that could go to the DAO, this deficit could be halved by not burning all the fees. The good news is that the DEC runway for the DAO, assuming the buybacks happen, is now well over 2 years, so there is a lot of time to fix this deficit.
The TL:DR:
