🔥We've expanded our trading options for @Uniswap, @SushiSwap and @1inch so you can pick how you want to trade on @arbitrum #L2!
We're bringing our entire ecosystem of liquidity in one, easy #UX.
Be sure to check out the $DAM / $FLUX & #ArbiFLUX pairs👍
https://datamine-crypto.github.io/realtime-decentralized-dashboard/
You’ve heard of $OHM @OlympusDAO , $AMP @AmpleforthOrg but have you heard of under the radar @dataminenetwork $DAM/ $FLUX. Solving inflation by burning value! Could be big one day. Only 16M $DAM ever minted and will never be minted again.
🔥 $FLUX 10x burn #apy has been hovering ~200% for the past few months.
Market controls $FLUX inflation which is now at an astounding 100.11% after reaching NEGATIVE inflation earlier in the year.
#ArbiFLUX demand on @arbitrum #L2 exceeds expectations💪
https://datamine-crypto.github.io/realtime-decentralized-dashboard/
It’s time to buy the dips guys!
But don’t buy all at once lol
Keep some money if it keeps dumping
#BTC $ATRI $GLQ $MC $DAM
Datamine (DAM) is an ERC-777 Standard Token with a Fixed Supply of 16.8 million tokens. When DAM Tokens are locked into the smart contract, they generate dividends in the form of FLUX tokens.
As FLUX liquidity increases, a market equilibrium will be established. Datamine does not take custody of tokens and is only a collaborative hub.
Our dual token ecosystem rewards users for destroying FLUX tokens from circulation. A user burns FLUX to increase their burn multiplier and decrease everyone else’s. As such, dynamic market equilibrium is created through real time on-chain supply and demand.
FLUX is simply a measure of time that can be transacted to reduce global inflation and increase dividend rates
The value of FLUX originates from borrowing a portion of the global mint rate when burning FLUX.
The Datamine Dashboard is a feature-rich user interface and all-in-one real time powerhouse of data. Get all your $DAM, $FLUX, $ETH, & $USDC analytic points from on-chain data in a single place - instantly. The dashboard is where you lock in DAM tokens or mint and burn FLUX Dividends. Watch your $FLUX $USDC balance increase in real time based on on-chain $USDC multi-route Uniswap data.
For the base token, Datamine (DAM), we’ve kept it as simple as possible. DAM is a standard ERC-777 implementation and was deployed on the Ethereum mainnet. To bootstrap the DAM/FLUX token ecosystem, we chose to use a fair distribution of the two year old Bulwark blockchain.
DAM
FLUX is a NON-FIXED supply token in our ecosystem that is used for all future and present use cases. Because it is non-fixed and has predictable minting, we can create more “spendable” use cases without having to worry about the fixed supply nature of DAM.
FLUX
Datamine is a standard ERC-777 implementation and was deployed on the Ethereum mainnet with a fixed supply of 25,000,000 DAM tokens. By June 22nd 2020, 16,876,778.9 DAM tokens were ultimately swapped and the remaining 8,123,221.1 DAM were burned.
Our short term roadmap
Below we’ve provided a bit of Datamine and Flux token info:
Datamine Network is a new non-custodial and decentralized open source economic system that uses smart contracts to create Adaptive Money. Our deflationary DeFi protocol generates FLUX tokens every 15 seconds.
FLUX is simply a measure of time that can be transacted to reduce global inflation and increase dividend rates. Dividend rates can be increased by buying time. The value of FLUX originates from borrowing a portion of the worldwide dividend mint rate when burning FLUX.
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