Important DAM Token Withdrawal and Liquidity Update
💡 AI Article Summary
Eight months after the successful migration of Bulwark and Enco coins to Datamine (DAM) tokens, the ecosystem continues to demonstrate high on-chain commitment. Currently, 77.6% of all DAM tokens are locked-in to mint FLUX. Due to this high lock-up rate, Uniswap holds only 3.67% of the total DAM supply, showcasing the community's focus on decentralized yield generation over active market selling.
Graviex Exchange Delisting and Action Required
Due to low trading volume, the centralized exchange Graviex.net is delisting several assets, including DAM.
Action Required: All users must withdraw their DAM tokens from Graviex.net as soon as possible. Trading on the platform will cease on February 11, 2021.
To preserve your assets, please withdraw your tokens to a private, non-custodial wallet compatible with the Ethereum network.
Decentralized Liquidity Design
The Datamine Network is intentionally engineered to operate independently of centralized infrastructure. The ecosystem is built to thrive within decentralized liquidity pools like Uniswap and Balancer. This structural design mitigates systemic risks associated with centralized exchanges and ensures that liquidity remains secure and accessible on-chain without relying on intermediaries.
Hello everyone,
It's now been over 8 months since we've swapped over Bulwark & Enco coins to Datamine (DAM) tokens. Since then Uniswap now has just 3.67% of DAM tokens due to the fact that 77.6% of all DAM tokens are now locked-in to mint FLUX. 🔥
Graviex exchange has helped us greatly during the swap process. Unfortunately we don't have much volume on their exchange so they are delisting some coins including DAM.
⚠️ PLEASE WITHDRAW DAM Tokens FROM GRAVIEX.NET Exchange. Trading will be ceased on February 11, 2021
Datamine Ecosystem was built for the future around liquidity pools like Uniswap and Balancer. For a complete list of DAM / FLUX exchanges check out . And if you haven't been around for a while be sure to check out and
For more information regarding Graviex.net delistings check out their announcement: https://twitter.com/graviex_net/status/1359109012185370626
Frequently Asked Questions
What is the deadline for withdrawing DAM tokens from Graviex?
You must withdraw your DAM tokens from Graviex.net before February 11, 2021, which is when trading is scheduled to cease.
Why is DAM being delisted from Graviex?
Graviex is delisting DAM alongside several other coins due to low trading volume on their exchange.
What percentage of DAM tokens are currently locked?
Approximately 77.6% of all DAM tokens are locked-in to mint FLUX, which significantly limits the circulating supply on external markets.
Where should I store my DAM tokens after withdrawing them?
You should withdraw your DAM tokens to a self-custodied, Ethereum-compatible wallet. From there, you can securely access decentralized pools like Uniswap and Balancer, which are the native trading and liquidity environments for the Datamine Network.
· hodlforjesus · #announcements