Value metrics
Market Cap: $6,513,586 (+$819,429)
Price USD: $0.4092 (+$0.0443/ 12%)
Price BTC: ₿0.00000663 (+0 sats / +0%)
Weekly Volume: $1136 (+358) **Please note that CMC and Coingecko are not recording Whitebit or Citex volume for DYN so this number is meaningless
Supply Metrics
Dynode and mining rewards have been readjusted to maintain the inflation rate that was in place prior to the DAA/block time shift.
Dynodes online: 4159 (+38) that’s 26.13% of supply. Note- 2245 (-33) additional inactive 14.10% of supply. That's (+5) nodes overall
Total supply locked (includes Company assets): 55.86%
Average block time: 1min 17s (+2s)
Average reward Frequency for Dynodes: 3d 17h 31m (~ +2h 52min)
Dynode ROI: 7.09% / 5148 days
Average Difficulty: ~0.992 (-.379)
Average Hashrate: 33.535MH (0.459MH)
Development metrics
Version 2.6 (Waiting on roadmap update) - Will implement Deterministic masternodes
Version 3.0 (no date) - Will implement Masternode POS (like Crown) and POW Mining will end.
Commits this week: 1 (+1)
Weekly average: 1131
Community Engagement
Discord Users: 1378
Telegram users: 1001
Twitter followers Duality+Duality Health: 14133
Rough estimate of the Chinese community on WeChat ~10K and QQ 4836 as of last update from community member Xoleo
Total Change all platforms: -68
Exchange Order Books
There are 51,867 (-5085) DYN available on open market. Buy support of ₿0.3139 (-₿0.147). **Note Stex no longer displays total orderbook size so this is missing information
Top $DYN Stories / Duality News
Alot of DYN holders got their first look at Fluid Protocol and lets just say there was some confusion. Go ahead and check out the Whitepaper and all the discussion in Discord. Educate yourself.
https://github.com/duality-solutions/Documentation-and-Guides/blob/master/fluid-protocol.pdf
Here's what happened.
1. Team announced months ago that the DAA was changing to help address unintentional forks and that this would change the block time and rewards
2. There was a brief discussion and we all indicated we wanted to keep inflation the same (no increase)
3. Team said they would modify the rewards via fluid protocol
4. Team stated the date it would happen, then moved it, then announced when it was done
5. Reported Total coin supply increased 300K even though all coins for the fluid transactons are burned in the process.
6. People freaked out
What went wrong
1. Team didn't remind everyone about what fluid does/how it works before issuing commands nor did they follow up and post info after the fact other than saying rewards have changed. I guess they assume everyone reads all their documentation like they should
2. The RPC call used to determine total coin supply does not know how to handle fluid transactions. So it is misreporting the 300K coins that were burned. In fact it is actually reporting 1.2million extra coins in total representing the 12 times Fluid protocol was used over the years.
3. Historically every time fluid has been used there is some backlash from people who don't know how it works. team knows this and should have done #1 and #2 better.
Make sure you are sharing/retweeting and promoting what the team puts out.
Useful Links/Sources
https://duality.solutions/dynamic#intro
https://www.coingecko.com/en/coins/dynamic
https://masternodes.online/currencies/DYN/
https://app.stex.com/en/full-glass/BTC/DYN
https://trade.citex.me/trade/DYN_BTC
https://whitebit.com/trade/DYN_USDT
https://miningpoolstats.stream/dynamic
https://dynexplorer.duality.solutions/
Join the Dynamic Discord, tip, Clap, and Follow me on Twitter
https://twitter.com/RaistilinCrypto
Not Financial advice, do your own research. I am not affiliated with Duality Solutions or Duality Health. This is an unsolicited article. I am a holder of $DYN $SEQ
