Changes:
I was asked to add how much DEC is minted and to the best of my knowledge the only way to mint DEC now is through SPS burns, so I added tracking of the $BURNED_SPS account. It really isn't much, but here you go.
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.
| date | balance | delta |
|---|---|---|
| 2026-04-30 | 987.074k | - |
| 2026-05-01 | 981.176k | -5.898k |
| 2026-05-02 | 973.614k | -7.562k |
| 2026-05-03 | 965.622k | -7.992k |
| 2026-05-04 | 959.423k | -6.198k |
| 2026-05-05 | 952.675k | -6.749k |
| 2026-05-06 | 945.385k | -7.290k |
| 2026-05-07 | 937.720k | -7.665k |
| 2026-05-08 | 925.410k | -12.310k |
| 2026-05-09 | 910.090k | -15.321k |
| 2026-05-10 | 892.705k | -17.384k |
| 2026-05-11 | 885.204k | -7.502k |
| 2026-05-12 | 879.615k | -5.589k |
| 2026-05-13 | 871.934k | -7.681k |
| 2026-05-14 | 864.859k | -7.075k |
| 2026-05-15 | 853.971k | -10.889k |
| 2026-05-16 | 843.442k | -10.528k |
| 2026-05-17 | 836.780k | -6.663k |
| 2026-05-18 | 828.359k | -8.420k |
| 2026-05-19 | 822.484k | -5.875k |
| 2026-05-20 | 809.519k | -12.965k |
| 2026-05-21 | 801.321k | -8.198k |
| 2026-05-22 | 795.574k | -5.748k |
| 2026-05-23 | 785.087k | -10.487k |
| 2026-05-24 | 776.436k | -8.651k |
| 2026-05-25 | 765.801k | -10.635k |
This means in the 25 days since the start of the credits.for.dec account about 235m 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 amount is very stable, which means that there have been less credit sales, since the DEC course is weaker now.
The average daily DEC income of the DAO was in comparison only 239k. Which means, currently the DAO loses about 8.56m DEC a day.
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.
| account | total_since_2026_01_01 | avg_daily |
|---|---|---|
| LP_FEES | 23.002k | 159k |
| $GUILD_STORE | 268k | 2k |
| $MARKET_LIST_FEE | 0 | 0 |
| $ENERGY | 10.710k | 74k |
| $WILD_PASS | 31.632k | 218k |
| $UNBIND_ACCOUNT | 13.405k | 125k |
| $UNBIND_BURN | 3.473k | 24k |
| $RANKED_PASS | 1.249k | 9k |
| $SHOP | 16.529k | 114k |
| $MARKET_BURN_FEE | 40.908k | 282k |
| $RENTAL_BURN_FEE | 0 | 0 |
| $TOKEN_RENTAL_FEE | 26k | 0 |
| $TOKEN_RENTAL_BURN_FEE | 552k | 4k |
| $LAND_GRAIN_AUTOPURCHASE | 0 | 0 |
| $LAND_TC_DECBURN | 516k | 4k |
| $LAND_POWER_CORE_PURCHASE | 5.665k | 39k |
| $LAND_GRAIN_PURCHASE | 0 | 0 |
| TOTAL | 147.936k | 1.053k |
The total burns since the start of the year were 148m and while the average went slightly down, we can still go with 1m a day as a rough average.
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.
With regard to the DAOs daily obligations, which comes 5500 USD per day or, at course of 0.000362 for DEC, 15.19m DEC the burn would equate to 6.93%. So the lower DEC course really put a large dent into DAO finances and the DAO can only cover a bit over half its cost with credits currently.
The TL:DR:
- DAO would need to sell 15.19m DEC a day to cover the 5.5k USD, but it only sells 8.8m. Credit sales cover 58% of the DAOs costs. This means the DAO needs to pay 2300 USD a day from its reserves to make up the difference.
- While the DAO sells 8.8m DEC a day, its income is 239k. So the DAO loses 8.56m DEC a day. The DAOs liquid DEC would last for 200 days like that, but with the course likely deteriorating further this will be much less.
- The DEC losses of the DAO increase DEC circulation by 8.56m a day. Keep in mind, burning doesn't reduce this number at all, since the DEC burned would be locked away in the DAO anyway. All the 1m burn does is reduce the number of days the DAOs liquid DEC will last.