Datamine Network DAM Token Swap and Migration Update
💡 AI Article Summary
The Graviex token swap has officially been completed successfully. As the Ethereum network clears transactions delayed by high pool load, community members will begin to see DAM tokens arriving in their wallets.
This milestone marks a key phase in the Datamine Network distribution schedule and ongoing ecosystem updates.
Crex24 Swap Scheduled for June 15
Following the successful transition on Graviex, the next scheduled swap will occur on the Crex24 exchange on June 15, 2020. To ensure a smooth transition, deposits of Bulwark to Crex24 will be disabled starting at 00:01 Moscow Standard Time (MSK) on June 15, 2020.
Users holding Bulwark assets are advised to complete their deposits ahead of this deadline to participate in the upcoming swap.
About the Datamine Ecosystem
The Datamine Network is an entirely decentralized, ownerless smart contract system built on Ethereum. The ecosystem leverages multi-token dynamics starting with DAM as the foundation layer. Locking DAM on Layer 1 allows users to mint FLUX, driving decentralized participation and value stability without relying on a centralized company.
As the ETH network continues to clear up transactions that were slowed due to high pool load, you will now start seeing DAM tokens arrive in your wallet. The Graviex swap was officially a success. The next swap is on Crex24, taking place on June 15, 2020. Deposits of Bulwark to Crex24 will be disabled 00:01 on June 15, Moscow Standard Time.
Frequently Asked Questions
What is the status of the Graviex token swap?
The Graviex swap has been successfully completed, and DAM tokens are being distributed to user wallets as Ethereum network transaction loads clear.
When does the Crex24 token swap begin?
The Crex24 swap is scheduled to take place on June 15, 2020.
When will Bulwark deposits be disabled on Crex24?
Deposits of Bulwark to Crex24 will be disabled at 00:01 Moscow Standard Time (MSK) on June 15, 2020.
What is the role of the DAM token in the Datamine Network?
DAM serves as the foundation token of the ecosystem with a capped supply of 16,876,779. Users can lock DAM on Layer 1 (Ethereum) to mint FLUX.
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