Datamine Network Launches DeFi Analytics Beta and SlowMist Audit
💡 AI Article Summary
Datamine Network has officially launched the open beta for its next-generation decentralized finance (DeFi) analytics platform. This release offers real-time, peer-to-peer data insights directly from the blockchain, providing users with instant smart contract analytics to monitor ecosystem metrics.
Smart Contract Audits by SlowMist
To ensure the highest standards of security and trust within the ecosystem, the core DAM and FLUX smart contracts are currently undergoing a comprehensive security audit by SlowMist. The audit is projected to be completed within approximately two weeks.
This auditing initiative represents a significant milestone for the project's decentralized structure:
- Community Funded: The audit was 100% crowd-funded by the Datamine community, raising the required 20 ETH.
- Decentralized Execution: This collective funding model highlights the power of a fully decentralized community operating without venture capital backing or centralized keys.
Advanced Real-Time Analytics
The new analytics dashboard represents thousands of days of development, built from scratch to deliver precise, real-time data visualizations. Key metrics such as available liquidity, yearly supply inflation, and token burn percentages are easily accessible, providing validators and traders with the deep technical insights needed to navigate the Datamine Network's unique deflationary tokenomics.
Hey guys, it's been a while since our last announcement. It's time to read up on what Datamine Network has been up to and all of the new things we've been releasing.
The Open Beta for our next-generation DeFi Analytics IS NOW LIVE! That means you can experience our vision for instant smart contract analytics for yourself. 
Additionally DAM & FLUX smart contracts are now being audited by SlowMist. Current estimate is completion in ~2 weeks! This is 100% community crowd-funded initiative. Let's give them a round of applause for crowd-funding the 20 ETH that was required for the audits. 👏
In the mean time check out our Medium post about this release and be sure to follow for more updates! https://medium.com/@dataminenetwork/introducing-datamine-network-real-time-p2p-network-of-data-future-of-smart-contract-analytics-b47365d2abd6
Frequently Asked Questions
What is the Datamine Network DeFi Analytics Beta?
The DeFi Analytics Beta is an open platform offering real-time, peer-to-peer smart contract analytics. It allows users to track critical on-chain metrics across the Datamine Network ecosystem without relying on centralized servers.
Who is auditing the DAM and FLUX smart contracts?
The smart contracts are being audited by SlowMist, a leading professional blockchain security firm, with an estimated completion time of two weeks.
How was the SlowMist security audit funded?
The security audit was a 100% community crowd-funded initiative, where community members successfully pooled the 20 ETH required to secure SlowMist's auditing services.
What is the core role of the DAM and FLUX tokens?
DAM is the foundation token on Layer 1 with a capped supply. Users lock DAM to mint FLUX, which is the utility token used for transaction fees, burning to boost minting rewards, and bridging to Layer 2 as ArbiFLUX.
· hodlforjesus · #announcements