Datamine Network Token Swap Concludes with Strategic Burn
💡 AI Article Summary
Strategic Token Swap Concludes Successfully
Datamine Network has officially completed its highly anticipated token swap, marking the culmination of seven months of strategic planning and precise on-chain execution. The successful transition secures the foundation of our decentralized, inflation-resistant monetary system.
As part of this milestone, the network's supply has been permanently optimized:
- Total DAM Supply: 16,876,778.9 tokens
- Permanently Burned: 8,123,221.1 tokens
This significant burn permanently reduces the circulating supply, stabilizing the ecosystem's foundation token, DAM, and setting the stage for long-term scarcity.
Global Dapp Platform Integrations
To increase transparency and track on-chain metrics, Datamine Network is now officially listed on the world’s leading decentralized application (dapp) analytics platforms:
- Dapp.com
- DappRadar
- StateoftheDApps
- DappReview
These integrations provide users with verifiable, real-time data on our smart contracts and ecosystem health.
What’s Next: FLUX Launch and Uniswap Trading
Following this successful swap, the next phase of the ecosystem goes live next week with the official activation of the FLUX Token minting mechanism. Users will be able to lock DAM tokens on Layer 1 (Ethereum) to mint FLUX, which will simultaneously become tradable on Uniswap.
We are absolutely thrilled to announce that our swap has now concluded! Seven months of strategic planning and coordination went into making today a success. Here are the final numbers:
📈 Total Supply: 16,876,778.9 https://etherscan.io/token/0xf80d589b3dbe130c270a69f1a69d050f268786df
🔥 Burned Amount: 8,123,221.1 https://etherscan.io/tx/0x8ad8bc825462730cadfc895d597f43483744c3aff5e57711d26c190956f93177
Datamine is now listed on:
📎Dapp.com, the largest dapp platform in the world!: https://www.dapp.com/dapp/datamine
📎DappRadar: https://dappradar.com/app/2001/datamine
📎StateoftheDApps: https://www.stateofthedapps.com/dapps/datamine
📎DappReview: https://dapp.review/dapp/13248
The next big launch will be official failsafe end for FLUX Token next week!. This means you can lock-in any amount of Datamine (DAM) tokens and also trade FLUX on Uniswap. Stay tuned as we continue to innovate.
Datamine Team
Frequently Asked Questions
What are the final supply metrics after the Datamine token swap?
Following the successful swap, the total supply of the DAM token is capped at 16,876,778.9, with a total of 8,123,221.1 tokens permanently burned.
Where can users track Datamine Network analytics and metrics?
Datamine is officially listed on major decentralized application analytics platforms, including DappRadar, Dapp.com, StateoftheDApps, and DappReview.
How does the DAM token interact with FLUX?
DAM serves as the foundation token of the ecosystem. Users lock DAM on Layer 1 (Ethereum) to mint the FLUX utility token, which can then be traded or used to generate yield.
When does FLUX minting and Uniswap trading begin?
The activation of the DAM locking mechanism to mint FLUX, along with FLUX trading on Uniswap, is scheduled to launch next week.
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