Datamine Network Launches Open Beta V2 and Passes Audit
💡 AI Article Summary
Exactly one month after launching the Datamine DeFi Network Pro Open Beta v1—which debuted our proprietary "instant data" technology—the Datamine Network has reached two major milestones: the official release of Open Beta v2 and the successful passing of our professional smart contract audit.
Audited and Secure Tokenomics
Security remains paramount in a truly decentralized, ownerless system. We are proud to announce that our core smart contracts have successfully passed a comprehensive security audit conducted by the premier firm SlowMist.
This 120,000 USD security audit was fully funded by our dedicated community. Because the Datamine Network operates with zero admin keys, no DAO, and no central company, a verified, ironclad smart contract layer ensures the system remains secure and immutable. This audit validates our unique tokenomics, emission formulas, and minting mechanics for DAM and FLUX.
What is New in Open Beta V2
Open Beta v2 brings refined dashboard metrics, enhanced real-time data visualizations, and performance optimizations. Built entirely from scratch, our dashboard showcases key on-chain metrics, including available decentralized liquidity and yearly supply inflation.
As we transition into this next phase, the ecosystem continues to demonstrate high-growth dynamics, driven entirely by our decentralized community of validators. Stay tuned as we prepare to expand these interfaces for Layer 2 operations and further optimize transaction efficiency.
It’s been exactly one month since release of Datamine DeFi Network Pro and we’ve been hard at work on many improvements. v1 of Open Beta showcased our “instant data” technology to the world, but we’re just getting started!
Since the launch of Open Beta we've also PASSED a professional smart contract audit. If you missed the update check it out here: https://dataminenetwork.medium.com/datamine-dam-flux-smart-contract-audits-passed-1a13f3621e43
Be sure to follow as we post frequent updates to DAM & FLUX development. 🔥 🔥 🔥
Yesterday we've released v2 of Open Beta, be sure to check out our Medium post about all of the new features and what's next in store for Datamine: https://dataminenetwork.medium.com/datamine-network-open-beta-v2-release-whats-new-what-s-next-7bee960e9bed
Frequently Asked Questions
What is the significance of the Datamine smart contract audit?
The core Datamine smart contracts passed a professional security audit by SlowMist. This 120,000 USD audit was fully funded by the community to verify the security and immutability of our ownerless system, which operates with no admin keys or central points of failure.
How do DAM and FLUX tokens interact in the ecosystem?
DAM is the foundation token with a capped supply of 16,876,779 tokens. Users lock DAM on Layer 1 (Ethereum) to mint FLUX. FLUX is the utility token of the ecosystem, which can be burned to boost minting rewards or bridged to Layer 2.
What does Open Beta v2 introduce to the Datamine Network?
Open Beta v2 introduces major performance updates, refined real-time on-chain analytics, and interface optimizations building upon our "instant data" architecture to track key metrics like available liquidity and supply inflation.
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