DEC burn and DAO reserve development

This post is meant to share a bit more data on DEC, the main splinterlands game token. It is mostly meant for those who are interested in the development of DEC circulation. A very short overview, the DAO sells DEC for currency used to buy credits (mostly USD), effectively putting it into circulation. At the same time DEC is burned through various activities in and outside the game.

To sell DEC for credit currency, the DAO uses the credits.for.dec account which has been charged with 1 billion DEC on 30/4. This 1 billion DEC resembled about half of the DAOs DEC without and a third of its DEC with reserves calculated in.

This means in the 17 days since the start of the credits.for.dec account about 163m DEC was sold, which is about 8.8m a day. This is the average DEC the DAO would need daily to keep circulation stable.

The second table presented here is the DEC burn recorded from the start of 2026. The reason for the 2026 cutoff is, that going back further takes a lot of time to process the chain data and it is largely irrelevant how much DEC was burned in for example 2022.

The average total daily burn is: 1.083.233,193935.

So the total burns since the start of the year were 144m which comes down to about 1m DEC a day. This means that the daily burns equal to about 12.3% of the total DEC outflow, or in other words, if the DAO wouldn't burn it, 12.3% of its DEC operational costs could be covered by these fees alone.

With regard to the DAOs daily obligations, which comes 5500 USD per day or, at course of 0.0004 for DEC, 13.75m DEC the burn would equate to 7.87%. In other words, the DAO could cover 7,87% of its daily costs by simply not burning the fees.

Please note that some burn accounts currently can't be properly read through the splinterlands API and are therefore 0. This means that the totals are likely a bit higher, but the main positions are covered.