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Datamine Network Joins Crypto Titans for Live AMA

Hi

The AMA with https://t.me/CryptoTitansCH_1 will be held in 45 minutes and let's hope we all show the best of Datamine Community!

Guys, if you will be asking questions in Telegram group in a telegram-questions window big request!

Please duplicate your questions in my DMs and you'll soon understand why.

Check out for more info here https://t.me/CryptoTitansCH_1/1274

· panconpalta · #community-announcements

Understanding Datamine and FLUX Decentralized Yield

Hi

Please take you time and ask as many questions regarding Datamine and FLUX as you can here

This will help us a lot as many questions come from bots in my opinion and are very generic for most projects

Don't forget to Like 👍 Retweet Follow CryptoTitans1 and dataminenetwork in twitter and tag 3 friends as per host demand

https://twitter.com/CryptoTitans1/status/1346186493996490756

· panconpalta · #community-announcements

Datamine Network Announces Crypto Titans AMA Event

Hi

We will be holding AMA in Telegram 9th of January at 17pm UTC together with https://t.me/CryptoTitansCH_1 channel both in their chat and here in Discord

will be answering questions here and I will be a proxy in between Telegram and Discord

There will be a 100 usdt reward for best questions

Check out for more info here https://t.me/CryptoTitansCH_1/1274

https://imgur.com/a/jUdiUsM

· panconpalta · #community-announcements

How to Join the Datamine Marketing Foundation DAO

Can I get my FLUX back?

Yes. Just go to Redemption app and burn all or part of your voting tokens. You stop being a part of Datamine Marketing Foundation DAO and won't be able to decide on Datamine marketing future.

How to get in

Go to https://client.aragon.org/#/dataminemarketingfoundation/0xae7fdaa093c62632c601683e09874446b69b8506/ and make a request with your 100 FLUX for 100 DAMFUND to enter this DAO. We will reject anything above those 100 FLUX for security reasons to not let anyone have 51%+ of all the votes. We can vote on entrance amount in the future.

Remember, DAMFUND token is non-transferable.

Me and are already part of this DAO and we have locked 100 FLUX each a representation of our membership.

And I will have to ask you guys deanon your ETH addresses in to let you in. So if you care about any connections being made with your FLUX go send your ETH to a new fresh ETH address from exchange or mixer, and buy FLUX on Uniswap. Then you can tell us your ETH address that wants to participate in DAO.

· panconpalta · #community-announcements

Understanding Dandelion Governance in the Datamine Ecosystem

How Dandelion works

There are various dapps build within one template in Aragon OS that can help do voting and finance in decentralized fashion.

Basically, you lock-in you FLUX in finance dapp in exchange for voting rights in DAO. Think of it as a membership fee but it can be redeemed anytime you want to leave (unless a vote passes to spend those FLUX).

Tokens dapp. A list of company's token holders.

Finance dapp. Is literally a multisig wallet. Every transaction out of this wallet will require approve by voting of company members.

Redemptions dapp. In this dapp you'll be able to get out of a company should you want to split our paths. You'll get your FLUX collateral back. You will not be able to redeem ETH collected by foundation.

Time Lock dapp. This dapps will lock your FLUX tokens for specific period of time if you want to create a new vote. Right now, it's configured for 7 days lock-in of 50 FLUX with a 15% vote spam penalty.

Token Request. Here you can request for a DAMFUND token that is not transferable in any way and is only used as your voting right in exchange for locking in your FLUX. 1 DAMFUND = 1 FLUX.

Voting. Well this dapp is the most important part of the whole DAO. For any vote to be approved by DAO participants 51% votes of all voted tokens is needed and a 33% minimum approval (turnout).

For more information on Dandelion visit www.notion.so/Dandelion-User-Guide-58216bc8a82340c0aa87cd39774a15ef

Is it decentralized?

Yes and no. There is nothing that can stop me creating a new DAO or real-world organization if I'll see that this one somehow doesn't work, or I have to make new voting configurations etc.

The amount of FLUX you should lock-in to be able to get votes and voting configuration is my personal arbitrary decision so it's centralized in this way.

But at the same time, no one can have a control over your locked funds but you, unless a vote was approved or someone controls 51%+ of all votes and can approve anything.

· panconpalta · #community-announcements

Datamine Launches Decentralized Marketing Foundation DAO

Hey

WE need more marketing

WE need price to go up

WE need more of this

WE need more of that

You asked for this and I kept my promise.

Please welcome Datamine Marketing Foundation DAO

https://client.aragon.org/#/dataminemarketingfoundation/

What is Datamine Marketing Foundation DAO

It's an organization on Aragon DAO built with Dandelion Template that was created to make well organized marketing within Datamine ecosystem with decentralized applications and voting system.

It has a multisig wallet that can receive donations from community to allow participants of this DAO vote with governance and decide on how to spend this money.

Why I'm doing this

  1. I believe in vision of that DeFi without decentralization is just a Finance.

DAM and FLUX contracts are immutable, audited, and foolproof. Not many projects in a new DeFi world are able to show off that.

I wanted to show all you guys example of how I believe Datamine ecosystem should go from here, progress and mature.

Many centralized for-profit and non-profit organizations built on top of Datamine ecosystem should be created and push Datamine forward with their achievements, profit, donations, and development progress. Like Bitcoin does.

  1. We need a well-organized Marketing with decentralized flavor.

  2. I believe every participant of a DAM-FLUX world should put money on the line and should have his skin in the game.

For this very reason I created a DAO with Dandelion template where you can only entry the DAO and have a possibility to vote if you lock your FLUX.

· panconpalta · #community-announcements

Datamine Network Launches bDAM on Binance Smart Chain

Hey . I've just created a bDAM token on Binance Smart Chain (BSC) Network and burgerswap.org and pooled some 200 bucks in there to test it.

Why Binance Smart Chain? It's awesome, seriously. They've made nice bridge from any ERC20 token, ETH and many more cryptocurrencies into their ERC-compatible BEP20 token.

Very low fees. So BSC and burgerswap.org will allow people to trade small sizes of DAM while having big orders and liquidity left on uniswap.

DAM contract for BSC is bscscan.com/token/0xaa7db5b4f3d69b73769eed863f6d3ceb08c43963

DAM/BNB info page: info.burgerswap.org/pair/0x885bd8c025c299e81d22c2f3e4f537917808f4e2

DAM/BURGER info page: info.burgerswap.org/pair/0x3598c19fe378ba64441362b91a510954fd772827

There are 2 pools: BNB/bDAM and BURGER/bDAM

Today was a nasty day in crypto so I didn't have much time to check on FLUX but I will and I will try and ask what are the requirements to whitelist DAM and FLUX there. If we get whitelisted, pooling DAM/FLUX will allow us earning BURGER

Check out more information on Binance Smart Chain on their medium medium.com/@bnburgerking

How to add Binance Smart Chain to Metamask: medium.com/@bnburgerking/set-up-metamask-for-burgerswap-57cff3f61a9d

Please give it some try

· maul4420 · #community-announcements

Datamine Community Funds SlowMist Smart Contract Security Audit

This is SlowMist team, it’s glad to receive the audit request from Datamine Network.

The audit quote is:

Quotation from SlowMist smart contract audit group:

Project: FLUX

Project address: (FLUX Address)

Type: ERC777 Token + AML + Tokenvault

Code Lines: 608

Complexity: Simple - Medium

Audit time: 4 working days

Description: ERC20 Token contract that contains the lock account section and tokenVault section

Project: DAM

Project address: (DAM Address)

Type: ERC777 Token

Code Lines: 390

Complexity: Simple

Audit time: 3 working days

Description: ERC20 Token contract that does not contain the tokenVault section

Audit cost: 20 ETH in total, the earliest start date is Oct 10th, the audit work will start after payment.

The ETH address for payment is:

0xe496c243592661EE61738aAD9aF08510b4018A62

-edit-

20/20ETH sent, you don't need to send ETH to the address. Well done COMMUNITY 🥳

· maul4420 · #community-announcements

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