Check out this new data point I've been working on. FLUX Market Cap, Total Supply & Price all in one place.
Our Price & Total Supply are based off on-chain data so they're much more accurate than other aggregators. What we can also now see is how FLUX controlled inflation works.
You can see that FLUX supply has been released in a linear manner and burning is helping to ensure the supply is released in controlled manner. The market dictates the trend and it's pretty clear that the market can handle increase in supply based on the current trend.
FLUX supply increasing = lower inflation rate as our minting is linear & predictable. This is another proof of use case as the supply here is completely controlled by us, the people.
You will be able to check out this new data point tomorrow and be sure to follow for more updates. 🔥
Hey guys the new Dashboard with historical USD prices is done. Now watch burned USD & FLUX / ETH pool liquidity in real-time.
In the future I think what we'll do for the "Available FLUX Liquidity" is to aggregate all of the different pools together into a single number in real-time. That way you can see how much liquidity we have across all of the pools at once.
Only Farmland updates left so aiming to get this update out this weekend! 🔥
Here is new update I've been working on but haven't discussed yet. A new submetric point: Uniswap Value Creation Index
Imagine you pay X amount of ETH for Y amount FLUX.
What is the USD price of X and Y at the time of swap (using on-chain per-block USDC data). These numbers are slightly different at time of each swap.
With this data we have the following columns:
FLUX Pool Change: What is the total amount of X for entire day
FLUX Total Change: What is the lifetime change of X
ETH Pool Change: What is the total amount of Y for entire day
ETH Total Change: What is the lifetime change of Y
What we get is some sort of "value creation" analytics. That is, what is the total amount of USD added/extracted from the Uniswap pool.
Currently both of these numbers are negative, but as you can see from the attachment these numbers can come close and cross each other.
With this we get our new metric, the further apart X and Y are the lower the Value Creation Index is for the pool. If X > Y then Value Creation Index is NEGATIVE.
You'll be able to make better trading decisions by having access to this new data point. Stay tuned as we finish up this update with new historic USD dashboard. 🔥
The address details will also get some loving this update. The address details section shrunk in size and also reordered for clarity.
The address details will show real-time USD values for minting & burning. As with any USD prices you can mouse over and get a tooltip of FLUX equivalent.
You'll be able to play with all the new updates very soon! We're getting close with all the USD updates. Farmland will get some loving as well before the launch so they can enjoy all of these new features as well. 🔥
We also get an updated per-address ledger with Running USD balance. The on-chain data is so accurate you will be able to see how much each user mints and sells to Uniswap.
The new ledger features two row layout and some updates for delegated minting (to fix incorrect ratio and "To Self" display).
The new ledger with historical USD prices will give you a very deep understanding of various activities throughout the year. Stay tuned for more historical price updates 🔥
This is the big one I've been working towards: Return On Liquidity (ROL)
You can now see exactly how much each address earned by providing liquidity to FLUX / ETH pool. We'll be adding this functionality to DAM / ETH pool in the future as well.
You can make better trading choices and pick the pool that's right for you.
We're offering this service for our partners so Farmland's CORN will have the same treatment.
There are still a couple more pages to update and give our Historic USD treatment so be sure to follow for updates next week. This is a big update so lots to look forward to! 🔥
One more: Real-Time Perfect Ledger w/ Historic USD Pricing
Now each transaction will have an accurate USD price (based on Uniswap Data). This will help you understand how much each person burns, mints, buys and sells in USD.
This will also go really well with DAM Uniswap Pool analytics coming later. As you can see how much a person locks-in (USD value) and how much they have minting giving you accurate lock-in ROI proven by on-chain data.
Lots to come still so be sure to follow the updates 🔥
Next up: FLUX Minted vs Burned (31 Day USD Average) and FLUX Monthly Burn Decay (USD)
These two metrics are greatly enhanced with historical USD pricing. Now you can see where burning and minting total USD value is trending. Daily averages for minting and burning will help you understand how much value is added and destroyed on daily basis.
FLUX Monthly Burn Decay (USD) will tell you (based 31 day average) how much less you will mint next month in USD. As the burn decay decreases FLUX ROI becomes more lucrative as your ROI becomes more consistent for burning. Currently getting to 10x burn multiplier would only net in a 3.54% loss in USD mint next month!
As with the theme of historical USD pricing these new data points will help youmake better trading decisions.
Stay tuned for more as we're "upgrading" all data points on Datamine Network with historical USD pricing! 🔥
Prepare for a whole slew of new data points previously never before seen.
First up: Liquidity Pool Value Creation (USD)
Imagine if you were to add up all of the liquidity changes in Uniswap each day. Keep a running total throughout all time and do all of this in real-time.
With this new set of data you can make better trading decisions and see where the value creation is trending! You can actually time the market better and even see the downtrend we had in September. (The value creation was actually NEGATIVE during this time)
What we can deduce from these numbers so far is that as the FLUX pool grows the Value Creation grows slowly*
This is just a taste of what's to come with our new on-chain historical USD pricing & pool details.
This will support any liquidity pool provider (Balancer, Unsiwap, Quickswap), doesn't even have to be on Ethereum 🔥
· hodlforjesus · #dev-updates
