Datamine Dashboard Update Simplifies Layer 2 FLUX Bridging
💡 AI Article Summary
Streamlining the Layer 1 to Layer 2 Bridge
The Datamine Network decentralized dashboard is receiving a key update designed to simplify cross-chain navigation. A new "bridge to L2" button will now appear automatically on the interface whenever users hold FLUX on Layer 1 (Ethereum).
This interface shortcut streamlines the transition for users looking to mint FLUX on Layer 1 and quickly bridge it to Arbitrum (Layer 2) to mint ArbiFLUX, taking advantage of lower gas fees and faster transaction speeds.
Enhanced Smart Contract Data Fetching
Alongside the bridge shortcut, the latest update improves how the decentralized dashboard retrieves smart contract data. By optimizing these on-chain queries, the platform can now fetch more comprehensive metrics efficiently.
The primary application of this improved data retrieval is the expansion of the Datamine Ecosystem Known Money Supply diagram. The dashboard will now display the exact percentage of FLUX currently residing on Arbitrum L2, providing a highly transparent view of token distribution and liquidity across networks.
These updates are scheduled to roll out this week, with nodes integrated and smart contract data mapping currently underway.
Hey guys,
Working on a few updates to the decentralized dashboard this week. There is a "bridge to L2" button that will show up when you have FLUX on L1. This is helpful shortcut for users looking to mint FLUX on L1 and bridge to L2 to further get 
ArbiFLUX.
In the last decentralized dashboard we've improved how we fetch the smart contract data. With this improvement we can fetch a bit more data than before. We'll be utilizing this to also fetch % of FLUX on Arbitrum L2, starting with expanding Datamine Ecosystem Known Money Supply diagram.
Got the nodes hooked in Today, and I'll get the extra smart contract data mapped tomorrow. Should be another interesting release to look forward to this week 🔥
Frequently Asked Questions
What is the purpose of the new L2 bridge button?
The bridge button acts as a direct shortcut on the decentralized dashboard when you hold FLUX on Layer 1, allowing you to easily transfer it to Arbitrum Layer 2 to mint ArbiFLUX.
What is the benefit of moving FLUX to Arbitrum Layer 2?
Bridging FLUX to Arbitrum allows users to lock it to mint ArbiFLUX, which offers significantly lower transaction fees and faster execution speeds than Layer 1 Ethereum.
What new data is being added to the Known Money Supply diagram?
The updated diagram will now track and display the exact percentage of the FLUX token supply currently located on Arbitrum Layer 2, leveraging enhanced smart contract data fetching.
· hodlforjesus · #dev-updates