{
 "episode_id": "2026-09-30-explainer",
 "mode": "explainer",
 "published": "2026-09-30T20:55:11+00:00",
 "video_url": "https://youtu.be/fmKVNb1kB3A",
 "title": "What is money? Why digital money was so hard to build | Crypto from Zero #1",
 "data_generated_at": "2026-09-30T20:21:49+00:00",
 "claim": null,
 "market": {
  "ada_usd": 0.2440182855786559,
  "source": "coingecko",
  "cross_checked": true,
  "change_24h_pct": -0.28211921552084884
 },
 "indigo": {
  "tvl_usd": 4409061.0,
  "indy_price_usd": 0.113924
 },
 "loan_book": {
  "positions": 286,
  "debt_usd": 1836322.0152000573,
  "collateral_ada": 17330481.615352,
  "book_ratio": 2.3029481632446087,
  "price_10pct_at_risk_usd": 0.17349247276220944,
  "price_50pct_at_risk_usd": 0.14231147345940762,
  "decoded_utxos": 310,
  "validator_utxos": 313
 },
 "coverage": {
  "iADA": {
   "decoded_iasset": 233.450484,
   "chain_supply_iasset": 233.450484,
   "coverage_pct": 100.0
  },
  "iBTC": {
   "decoded_iasset": 5.057821000000001,
   "chain_supply_iasset": 5.057821,
   "coverage_pct": 100.00000000000003
  },
  "iETH": {
   "decoded_iasset": 35.294855,
   "chain_supply_iasset": 35.294855,
   "coverage_pct": 100.0
  },
  "iEUR": {
   "decoded_iasset": 68.387277,
   "chain_supply_iasset": 68.387277,
   "coverage_pct": 100.0
  },
  "iJPY": {
   "decoded_iasset": 76826.95787400001,
   "chain_supply_iasset": 76826.957874,
   "coverage_pct": 100.00000000000003
  },
  "iSOL": {
   "decoded_iasset": 83.666999,
   "chain_supply_iasset": 83.666999,
   "coverage_pct": 100.0
  },
  "iUSD": {
   "decoded_iasset": 1323823.7134630012,
   "chain_supply_iasset": 1404273.891719,
   "coverage_pct": 94.27104792516522
  },
  "_worst_pct": 94.27104792516522
 },
 "governance": {
  "epoch": 658,
  "open_actions": [
   {
    "id": 158,
    "type": "ParameterChange",
    "withdrawal_ada": null,
    "expiration_epoch": 661,
    "drep_yes_pct_of_decisive": 52.99589951706912,
    "drep_participation_pct": 15.408534939129478
   },
   {
    "id": 157,
    "type": "TreasuryWithdrawals",
    "withdrawal_ada": 11787063.0,
    "expiration_epoch": 661,
    "drep_yes_pct_of_decisive": 8.255531371936515,
    "drep_participation_pct": 14.058210225526446
   },
   {
    "id": 159,
    "type": "InfoAction",
    "withdrawal_ada": null,
    "expiration_epoch": 663,
    "drep_yes_pct_of_decisive": 32.92622469804213,
    "drep_participation_pct": 10.937361032942315
   }
  ],
  "decided_counts": {
   "enacted": 2,
   "expired": 7,
   "dropped": 0
  }
 },
 "monetary": {
  "decay_per_epoch_pct": 0.16188052416118426,
  "half_life_years": 5.8567796170962945,
  "treasury_accrual_per_epoch_ada": 3707447.538702965
 },
 "_note": "Compact record of the figures used in this episode."
}