Not an issue , just need some info.

nanexcool / daistats

Dai Stats

https://daistats.com

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Not an issue , just need some info. #76

Closed harsh-98 closed 2 years ago

harsh-98 commented 4 years ago

What are flip auctions shown on daistats? How is chai supply shown calculated? Also for usdt 378M/400M is shown and locked USDT is 385M. So how do you get 400M, as the max dai that usdt can back?

devenoges commented 2 years ago

Flip auctions are under collateralized valuts that are sold off to bring them back below the required ratio for the respective collateral type.
Chai supply is totalSupply for the erc-20 contract.
The 400M would have been the Debt Ceiling for USDT at that time.