Datamine Network Announces Ledgers 3.0 and Uniswap Integration
💡 AI Article Summary
Datamine Network has rolled out its latest quality-of-life updates, laying the groundwork for the upcoming Ledgers 3.0 release.
Real-Time Data with Ledgers 3.0
Ledgers 3.0 will introduce multi-smart contract stitching, enabling the platform to aggregate and display data from multiple smart contracts in real-time. Instead of displaying basic transaction events like "Sent to Uniswap," users will see detailed, human-readable data, such as the exact liquidity addition amounts in ETH and DAM.
Uniswap v3 and ETH 2.0 Readiness
The Ledgers 3.0 upgrade is scheduled to launch ahead of the Uniswap v3 integration on May 5th. This timeline ensures the new data parsing engine is fully compatible with both Uniswap v2 historic data and Uniswap v3 features. These foundational updates prepare the decentralized Datamine ecosystem for broader mainstream adoption ahead of the upcoming Ethereum upgrades.
Aligning the Value Creation Metric
A key focus remains on the "Value Creation" metric. The ecosystem is currently in a catch-up phase where token demand and value creation are aligning. Over time, bringing these two metrics into sync will optimize the performance of Datamine's decentralized monetary system.
Hey guys the next set of QOL updates is out for you too play with. I think we spent about 1 week working on this one so be sure to check it out.
I think for the next update I'll target to get multi-smart contract stitching for our Ledgers. Ledgers 3.0 will be able to join data from multiple smart contracts in real-time.
This will fit in perfectly with the last set of updates that we have done.
So instead of seeing "Sent to Uniswap/Received to Uniswap" you will instead see "Added $300,000 Liquidity (X ETH/Y DAM), etc.)
Uniswap v3 is targeted for May 5th release, want to make sure the new Ledgers 3.0 is ready to play with BEFORE then as we need to port it to Uniswap v2 data as well (This way you get all the historic data!)
Overall I am very happy with the direction things are heading in, we should be in a very good shape to open the floodgates to the masses when ETH 2.0 launches later this year.
One last thing to leave you with is the "Value Creation" chart. Magic should happen when these two numbers are in sync over an extended period of time. So far we've crossed the two lines in times of great demand but we're still in "catch-up" stage until the two numbers are closer. 🔥
Frequently Asked Questions
What is Ledgers 3.0 in the Datamine ecosystem?
Ledgers 3.0 is an upcoming update that enables real-time data stitching from multiple smart contracts, showing detailed transaction event data like Uniswap liquidity metrics instead of generic transfer receipts.
When is the Uniswap v3 integration scheduled?
The Uniswap v3 integration is targeted for launch on May 5th, with Ledgers 3.0 releasing prior to support historical Uniswap v2 and new Uniswap v3 data.
What does the Value Creation chart represent?
The Value Creation chart tracks the relationship between ecosystem demand and token value. The system aims to bring these two key metrics into synchronization to achieve optimal stability.
· hodlforjesus · #dev-updates