ArbiFLUX Launchpad Launches First Partner Token Project
💡 AI Article Summary
Expanding Ecosystem Utility
The Datamine Network has officially initiated its ArbiFLUX Launchpad initiative, a fair-launch platform designed to expand the utility of ArbiFLUX on Layer 2 (Arbitrum). By allowing third-party projects to integrate with our decentralized smart contracts, we are opening up new avenues for decentralized token distribution.
Introducing Brainlet Finance and BRAIN Token
Our first launchpad partner is Brainlet Finance, which has deployed a custom fork of the Datamine smart contract architecture. Through this integration, users can lock ArbiFLUX to generate BRAIN tokens. To tailor the tokenomics to their specific community goals, Brainlet Finance has implemented a 100x burn multiplier, significantly accelerating the native mechanics compared to our standard 10x design.
Developer and Dashboard Updates
To support this and future integrations, we have updated our open-source developer dashboard on GitHub. These updates ensure seamless interaction with the Brainlet Finance smart contracts. Complete documentation is also being prepared to guide other communities on how to launch their own customized tokens using the ArbiFLUX Launchpad, enabling them to define unique rulesets that align with their decentralized vision.
Hey guys this is one of the first forks we've been working with for the new "
ArbiFLUX Launchpad" project
It's a different take on our original contract with 100x burn multiplier (instead of 10x). As you've seen I've been making a number of GitHub updates to our new open source dashboard to support their new requirements.
The best part is that they use ArbiFLUX to generate BRAIN tokens. Lock-in ArbiFLUX, generate BRAIN! This is what ArbiFLUX Launchpad is all about, extending ArbiFLUX functionality to give fair launch options for new tokens!
We'll be working closely with Brainlet Finance to ensure the dashboard functions perfectly for them. We'll also be adding some new documentation for how you can launch your own token on "ArbiFLUX Launchpad" and create a customized ruleset that works for you! 🔥
https://twitter.com/BrainletFinance/status/1655597962574045185
Frequently Asked Questions
What is the ArbiFLUX Launchpad?
The ArbiFLUX Launchpad is a decentralized system on Layer 2 (Arbitrum) that allows third-party projects to launch their own tokens by locking ArbiFLUX to generate their new native assets.
How does the BRAIN token generation work?
Users can lock their ArbiFLUX tokens into the customized smart contracts deployed by Brainlet Finance to generate BRAIN tokens over time.
What is the 100x burn multiplier featured in this fork?
It is a tokenomics modification to the original Datamine contracts. Brainlet Finance implemented a 100x burn multiplier, rather than the standard 10x, to boost rewards and accelerate on-chain utility.
· hodlforjesus · #dev-updates