Realtime FLUX Known Money Supply Dashboard Update
💡 AI Article Summary
Datamine Network has launched a key update to its decentralized dashboard, introducing the Realtime FLUX Known Money Supply tracker. This update provides real-time, immutable visibility into the circulating supply of FLUX, reinforcing the network's commitment to on-chain transparency.
Verifiable Money Supply Tracking
Tracking the exact supply of FLUX is crucial for evaluating the ecosystem's deflationary mechanisms. FLUX is minted on Layer 1 by locking DAM, and its supply dynamically adjusts as validators burn FLUX to generate yield or bridge it to Layer 2 as ArbiFLUX. By displaying the active, real-time supply on-chain, users can easily monitor current inflation rates and the total percentage of burned supply without relying on third-party aggregators.
Decentralized Dashboard Domain Redirection
In line with Datamine's philosophy of absolute decentralization, plans are underway to redirect primary domains directly to the decentralized dashboard hosted via GitHub Pages. Because the dashboard relies entirely on client-side smart contract calls via Web3.js, this hosting model ensures the interface remains fully serverless, highly resilient, and free from centralized control.
You can access the live tool here: Datamine Decentralized Dashboard.
Hey guys,
The new Realtime FLUX Known Money Supply is now available on our decentralized dashboard: https://datamine-crypto.github.io/realtime-decentralized-dashboard/
Let me know if you find any issues, planning on redirecting domains to decentralized dashboard today.
Frequently Asked Questions
What is the FLUX Known Money Supply tracker?
It is an on-chain metric on the Datamine dashboard that displays the real-time circulating supply of FLUX, accounting for all minted tokens and proof-of-burn activities.
Why is Datamine moving its domain to the decentralized dashboard?
Redirecting domains to the decentralized dashboard removes centralized server dependencies. The dashboard interacts directly with Ethereum and Arbitrum smart contracts, ensuring censorship resistance and high uptime.
How does burning FLUX affect the token supply?
Burning FLUX permanently destroys the tokens to increase validator minting rewards. This mechanism helps manage supply inflation and supports the ecosystem's long-term economic stability.
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