Datamine Network Adds Realtime FLUX Token Supply Metrics
💡 AI Article Summary
Live FLUX Supply and Burn Metrics Added to Dashboard
The Datamine Network dashboard has been updated with two highly anticipated, realtime metrics designed to increase ecosystem transparency:
- Current FLUX Supply: View the live circulating supply of FLUX on Layer 1 in realtime.
- Burn Percentage: Track the exact percentage of minted FLUX that has been permanently destroyed relative to the total supply.
At the time of this update, 87.14% of the entire minted FLUX supply has been burned by community members, demonstrating a highly active and committed network of validators.
Optimizing Yield Through Proof-of-Burn
In the Datamine ecosystem, burning is a core utility. By burning FLUX through the decentralized dashboard, users leverage the protocol's proof-of-burn mechanics to increase their individual minting rate by up to 10x.
This system allows validators to destroy tokens to secure a permanent, dynamic yield. These new dashboard indicators provide real-time, on-chain proof of token scarcity and burn rate, helping users calculate their optimization strategies with absolute precision.
Hey guys you've been asking for these couple of metrics for a while. The dashboard now features two new metrics (live now):
Current FLUX Supply (in realtime)
How much FLUX is burned in % relative to current FLUX Total Supply (In realtime)
Currently 87.14% of all minted FLUX supply is being burned! Don't forget that burning FLUX through the dashboard increases your FLUX minting rate (up to 10x!). 🔥
Frequently Asked Questions
What are the new metrics on the Datamine Network dashboard?
The dashboard now displays the live, realtime Current FLUX Supply and the percentage of FLUX burned relative to the total supply.
How does burning FLUX benefit validators?
Burning FLUX increases a validator's minting rate by up to 10x, allowing participants to optimize their passive yield over time.
What percentage of FLUX has been burned?
According to the latest live dashboard metrics, approximately 87.14% of all minted FLUX supply has been permanently burned by the community.
· hodlforjesus · #dev-updates