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New DAM Community Calculator Launches in Alpha

๐Ÿ’ก AI Article Summary

Optimize Minting with the New DAM Calculator

A community developer has released the Alpha Build v0.2 of the DAM Community Calculator, now available at damalytics.web.app. This tool is designed to help Datamine Network participants evaluate and refine their burning and minting strategies.

Key Features and Strategy Planning

The calculator integrates real-time data to help you make informed decisions. Key features in this release include:

  • Ecosystem Metrics: Tracks current stats fetched from CoinGecko.
  • Multiplier Calculations: Helps users calculate target burn multipliers and visualize how much FLUX must be burned to reach them.
  • Decay Visualization: Illustrates the decay of current multipliers over time compared to daily rewards.
  • Minting Strategies: Projects optimal minting strategies for the upcoming 30 days.

Roadmap and Contributions

The next development phase intends to introduce automated price fetching, global metrics integration (such as DAM locked-in and Global FLUX Burned), a menu linking to the main dashboard, and a dedicated FAQ page. The project is community-supported, allowing users to donate ETH, DAM, or FLUX to fund ongoing development.

Hey guys,

I am pleased to announce the release of the first community project:

The DAM Community calculator

Feel free to check it out here:

damalytics.web.app/

Alpha Build v0.2

The community calculator is intended to help you improve your burning and minting strategies.

Currently, following features are supported:

  • Show Ecosystem Metrics, fetched from Coingecko

  • Calculate a target burn multiplier with your metrics

  • Visualize how much Flux you need to burn to achieve X-Multiplier

  • Visualize the decay over time of your current multiplier vs the daily reward

  • Display Minting strategies for the upcoming 30d

Following features are planned for the next release:

  • Automatic price fetching when page is open

  • Automatic fetching of DAM locked-in and Global Flux Burned (maybe will help with an API ๐Ÿ”ฅ )

  • Menu-Implementation to point you towards the Dashboard and Pro-Analytics

  • FAQ-Page

Do you like the calculator? Feel free to donate ETH, DAM or FLUX to supports its development (donation address on page).

If you find any bugs or want to see additional features added, please contact me or post in . Thank you burnflux2

Frequently Asked Questions

What is the DAM Community Calculator?

The DAM Community Calculator is a tool built by the community to assist Datamine Network users in planning and optimizing their burning and minting strategies.

What metrics can I calculate with this tool?

You can calculate your target burn multiplier, estimate the amount of FLUX needed to achieve a specific multiplier, and track the decay of your rewards over time.

How can I support the developer of this tool?

Users can support development by donating ETH, DAM, or FLUX directly to the address listed on the calculator web page.


ยท xeonus ยท #community-devs