According to the latest on-chain data released by DMDAO, over the past seven calendar days, a total of 37,777.70 DMD has been permanently burned through the protocol's established trading and wealth management burn mechanism.
1. Moving Toward the Target Supply:
As the burn process continues, DMD is steadily converging toward its target maximum supply of 1,000,000 tokens. With the ongoing circulation of on-chain transactions and protocol mechanisms, the overall circulating supply in the market is being gradually reduced.
2. Operational Performance:
The consistent accumulation of burn data directly reflects the recent performance of the protocol's underlying market-making system in capturing high-frequency on-chain spreads, as well as its genuine business activity. Driven by the deflationary model, the continued reduction in circulating supply helps enhance the value-carrying capacity of the remaining circulating tokens.
3. Market Liquidity Outlook:
As the public market trading pairs continue to operate steadily, DMD is gradually integrating into the broader secondary market. This not only introduces a more diversified base of external participants to the ecosystem, but also contributes to strengthening the long-term stability of the liquidity pool and expanding the overall growth potential of the ecosystem.
The deflationary mechanism continues to operate, while the market structure is being steadily optimized. DMDAO will continue to maintain transparent disclosure of all relevant data.