Temple Study

TEMPLE DAO's Dune Dashboards ELI5 (pt 2) - AMM Key Metrics

Gman

Jan 20, 2022 • 5 min read

In part 1, we explored in detail the Temple Holdings Dashboard with personalized metrics based on the individual ETH wallets.

In part 2 of our series: TEMPLE DAO's Dune Dashboards "Explain it Like I'm 5" (ELI5) we present to you...

AMM Key Metrics Dashboard

Want to understand the health of the protocol? What are people doing at the end of the exit queue? Where the treasury is directing tokens? This is the dashboard for you

Go To Dashboard

Temple Tokenomics
This is what you will see when you first land on the Dashboard page. It is an overview of the fundamental Tokenomics of TEMPLE (example shown below):

No.	Metric	Description	Hand Hold More?
1	Risk-free value per TEMPLE	The value of each TEMPLE you have now IF held til the end of the runway, assuming there is no more revenue entering the treasury.	RFV = Treasury Value / (Circulating Supply + $TEMPLE in the AMM LP)
2	FRAX reserves (incl. LP)	Total FRAX in the treasury including those deployed as liquidity in AMM.	FRAX in the treasury will determine how many new tokens can be minted as well as increase the Risk-free value.
3	Runway in days	The number of days that TEMPLE can maintain the same rate of reward to stakers if treasury revenue were to completely stop.	A sustainable runway is one that increases slowly over time (and eventually plateaus).
4	TEMPLE with RFV claim	All tokens in public circulation minus the tokens in the AMM LP pool.	Includes staked tokens, tokens in exit queue, and tokens in user wallets.
5	TEMPLE Circulating Supply	All tokens in public circulation.	Includes staked tokens, tokens in exit queue, tokens in user wallets, and AMM LP pools.
6	TEMPLE Fully Diluted Supply	Total amount of TEMPLE tokens ever minted.
7	TEMPLE price	Latest trade price.	This price will never go below IV.
8	Market Cap	Total dollar value of all circulating TEMPLE.	Market Cap = TEMPLE Circulating Supply (5) x TEMPLE price (7)
9	Fully-diluted valuation	Total dollar value of all circulating and non-circulating TEMPLE.	Fully diluted valuation = TEMPLE Fully Diluted Supply (6) x TEMPLE price (7).
10	OGTEMPLE supply	Total OGTEMPLE tokens.	OGTEMPLE represent staked TEMPLE tokens.
11	TEMPLE/ OGTEMPLE ratio	Represents the amount of TEMPLE tokens a user can get for each OGTEMPLE token they own. That ratio only increases over time, compounding daily by a percentage called the EPY (epoch percentage yield).	How many TEMPLE you get if you convert from OGTEMPLE and vice-versa.
12	Staked claimable TEMPLE	Total number of TEMPLE tokens if all OGTEMPLE were converted to TEMPLE tokens today.	Staked Claimable TEMPLE = OGTEMPLE supply (10) x TEMPLE/OGT ratio (11)

Treasury Distribution
Further down the page are two pie charts illustrating where the treasury is distributing its FRAX and TEMPLE tokens

No.

Metric

Description

FRAX Reserves

AMM LP = FRAX used to provide liquidity in the AMM

Farming wallet = to be invested in various protocols to increase revenue

Temple FRAX AMM Ops = FRAX removed from the AMM (yet to be redistributed)

Temple FRAX AMM Router = value to be deployed for Temple Defend

Treasury = Yet to be deployed funds

TEMPLE supply distribution

AMM LP = TEMPLE used to provide liquidity in the AMM

Bonus Reward pool = to be deployed as Faith bonus (additional APY)

DAO Pool = used to pay members of the DAO

Exit Queue = TEMPLE currently locked up in the exit queue

LP Reserves pool = Backup reserves for the LP pool

Staking Contract = TEMPLE currently staked

Staking Rewards Pool = TEMPLE to be rewarded to stakers over time

Temple Cashback = Top up of 0.3% applicable to Fire Ritualists only

Temple FRAX AMM Ops = TEMPLE removed from the AMM (yet to be redistributed)

User-owned wallet = TEMPLE currently in individual wallets

TEMPLE AMM Metrics
Even further down you will find the current and historical stats on the TEMPLE AMM

No.	Metric	Description	Hand Hold More?
15	TEMPLE price on AMM	Current price per TEMPLE calculated as the ratio of FRAX to TEMPLE in the AMM pair.
16	TEMPLE / FRAX Liquidity	Current dollar value of the LP pair in the AMM.	The larger the liquidity the smaller the price volatility.
17	FRAX from TEMPLE mints	FRAX that goes directly to protocol from the AMM when the price is over the threshold, minting new Temple	The original threshold price was set at 3X the Intrinsic Value
18	Number of traders	Number of individual wallets buying and/or selling using the AMM.
19	Days since launch	Number of days since the launch of the AMM.
20	Number of trades	Number of individual buys or sells done on the AMM.
21	Lifetime Volume	Total trades in dollar value over the lifetime of the AMM (both buy and sell).
22	Lifetime sell Volume	Total sells in dollar value over the lifetime of the AMM.
23	Lifetime buy volume	Total buys in dollar value over the lifetime of the AMM.
24	TEMPLE AMM – All trades	Tracks the historical buy and sell dollar values as well as TEMPLE price on the AMM.	amm_price = historical TEMPLE price. buy_volume = historical net buys on an hourly basis. sell_volume = historical net sells on an hourly basis.

TEMPLE / OGTEMPLE Metrics
The next section shows the metrics of TEMPLE and OGTEMPLE relative to each other.

No.	Metric	Description	Hand Hold More?
25	TEMPLE Price	Same as (7).
26	TEMPLE/ OGT ratio	Same as (11).	Every rebase the TEMPLE/ OGTEMPLE ratio increases, denoting that you will redeem more TEMPLE as time goes on.
27	OGT price	The price of each OGTEMPLE token.	Every rebase your OGTEMPLE tokens increase in price due to the TEMPLE/ OGTEMPLE ratio increasing over time.
28	TEMPLE and OGT price in USD	Historical price of TEMPLE and OGTEMPLE.
29	OGT ratio (TEMPLE/ OGT rate)	Historical TEMPLE/ OGTEMPLE ratio.

FRAX Treasury
This section shows at a glance the FRAX within the Temple treasury

No.	Metric	Description	Hand Hold More?
30	FRAX Treasury	Historical volume of FRAX in the treasury.
31	Reserves from TEMPLE protocol mints	FRAX that goes directly to protocol from the AMM when the price is over the threshold, minting new Temple

Exit Queue Metrics
Further down are metrics specific to the exit queue. NOTE: As of writing (6 Jan 22) The queue has been completely flushed and there is no waiting time.

No.

Metric

Description

Hand Hold More?

Exit Queue Flow - daily

Daily view of volume of TEMPLE that has joined the exit queue vs what happens to TEMPLE that has been processed in the queue (i.e restaked or withdrawn).

Exit_queue = amount of TEMPLE that enters the exit queue on daily basis

Restake = amount of TEMPLE that was restaked after joining the exit queue

Withdawal = amount of TEMPLE that was sold off after joining the exit queue

Net_flow = amount in exit queue - withdrawals

Queue withdrawal vs restake distribution

More detailed look at what happened to the TEMPLE that finished processing in the exit queue for the past 19 days.

This shows on a day to day basis, was more TEMPLE sold off, or restaked.