Fuse Pool DAI Allocation
Q1. How are the tokens in the DAI Vault being allocated into the various Fuse Pools?
Introduction
Rari Capital is a decentralised finance platform that enables individuals to generate incentives by creating new opportunities, communities and financial products focused on lending, borrowing and performance for DeFi.
The Fuse platform allows anyone to instantly create their own pool of loans and loans. Each Fuse pool is essentially a fork of the Compound protocol. Within Rari Capital there are different strategies involving different tokens to give users flexibility.
The main features are found on the Ethereum network, where users can deposit different tokens such as stablecoins such us USDC, DAI, etc. One of the most used tokens is DAI, and we are going to analyse it in this dashboard.
Methodology
The main idea is to see the distribution of Fuse Pool DAI Allocation among all the avilable pools. To be able to get the corresponding allocation of DAI in each Fuse pool, I have extracted the information from events_emitted Ethereum table, filtering by contract_address 0xafd2aade64e6ea690173f6de59fc09f5c9190d74which refers to DAI allocations and event_name PoolAllocation to refers to the pool deposits. Finally, I have avoid as well those pools numbers below 100 because do not refer to any Fuse pool, like Compound, AAVE...
Results
The distribution of DAI liquidity among pools is divided in Fuse 6, Fuse 7 and Fuse 18 pools, which refer to ETH, Terranode and Olympus pools. The percentages are shown in the chart above, 42.9% for Fuse 6, 35.5% for Fuse 18 and 21.6% for Fuse 7. With respect to the analysis done two months ago, the fDAI-6 pool increased in percentage with respect to the other pools.
If we take a look at this final chart, it can be seen again that the most important ones is the aforementioned. Not only in terms of allocation but also in terms of transactions. Here we can see how the allocation of the pools are more than 10M.