Datamine & Flux

World’s first cryptocurrency to reach negative inflation

Trading & Information

Exchanges & Service Provider

What is Datamine (DAM) Token

Our deflationary DeFi protocol generates FLUX tokens with every block of ETH (approx. every 15 seconds).

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 Core Use Case

Built-in On-Chain Velocity

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.

Datamine/Flux Community

Built For The Community

Datamine has no premine or dev funding. All tokens were fairly distributed.

Utilizing the latest serverless web3 and mobile technologies, our Smart Contracts feel like the apps you use and love. Seamlessly switch your experience from desktop to mobile on the same secure and easy-to-use dashboard.

DeFi dApp leader

Realtime Multi-Smart Contract Analytics

Datamine Network is an emerging DeFi dApp leader thanks to our robust, feature-rich user dashboard that allows anyone to interact with our smart contracts.

Get real time on-chain market sentiment and see your balances in USDC with our deep Uniswap integration.

Instant market cap, portfolio balance, and global DAM / FLUX analytics at your fingertips.

DeFi Network Alpha

Our Dashboard

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.

Datamine & Flux

Our On-Chain Utility Tokens

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.

  • Token Symbol DAM Token DAM
  • Token Start June 23, 2020
  • Token Source Bulwark & ENCO Coin Swap
  • Total Supply Fixed
  • Starting Supply 16,876,778 DAM
  • Key Feature Lock-To-Mint Smart Contract
  • Primary Utility Incentivized Cold Storage
  • Technology Standard ERC-777
  • Suggested Wallet Type Secure Hardware
  • Smart Contract Address 0xF80D589b3Dbe130c270a69F1a6...

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.

  • Token Symbol Flux Token FLUX
  • Token Start June 23, 2020
  • Token Source Minted by locking-in DAM tokens
  • Total Supply Unlimited
  • Starting Supply 0 FLUX
  • Key Feature Global Burn Supply / Demand
  • Primary Utility On-Chain Mint & Burn Mechanism
  • Technology Advanced ERC-777
  • Suggested Wallet Type MetaMask Extension / Brave Browser
  • Smart Contract Address 0x469eDA64aEd3A3Ad6f868c445...
Fair distribution with NO Premine

Swap to DAM

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.

67% Ultimately Swapped
33% Burned
Our DOCUMENTS

Read Our Documents

doc
Whitepaper
doc
Economic Model
doc
Security Audit Report
doc
Security Audit Report
Our Short-Term Roadmap

Time Line

Our short term roadmap

June 22nd, 2020
Swap
  • Last BWK to DAM Swap
July 2nd, 2020
Failsafe
  • End of DAM/FLUX Failsafe
July 31st, 2020
Alpha Network
  • Datamine DeFi Network Alpha
August 21st, 2020
CoinMarketCap
  • @CoinMarketCap added Datamine to DeFi Page
August 22nd, 2020
CoinMarketCap
  • @CoinMarketCap added Datamine to DeFi Page
OCTOBER 1ST, 2020
Public Beta
  • Datamine DeFi Network Pro
OCTOBER 13TH, 2020
Security Audit Report
  • PASSED audit reports for DAM & FLUX
November 4th, 2020
DAO
  • New Datamine Marketing Foundation
2021 Q1
More Operational
  • Integration of third party widgets
Faq

Frequently asked questions

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.