Action Required: Graviex Delisting and DAM Supply Update
💡 AI Article Summary
Graviex to Cease DAM Trading
Centralized exchange Graviex has announced the delisting of several digital assets, including the Datamine foundation token, DAM. Trading on the platform will officially cease on February 11, 2021. All users holding DAM on Graviex must withdraw their tokens to a secure, self-custodial Web3 wallet prior to this deadline to prevent the loss of their assets.
High Lock-In Rate Limits Exchange Supply
Following the shift away from centralized platforms, on-chain data shows a significant portion of the token supply migrating to secure smart contracts. Currently, 77.6% of the total capped DAM supply is locked in the Layer 1 protocol to mint the FLUX utility token.
This high lock-in rate reflects strong validator participation but leaves only 3.67% of all DAM tokens available in Uniswap liquidity pools. This supply constraint emphasizes the ecosystem's structural leaning toward decentralized, on-chain liquidity rather than traditional centralized order books.
graviex_net is delisting a few coins including Datamine (DAM)
PLEASE WITHDRAW DAM Tokens FROM GRAVIEX Exchange Trading will be ceased on February 11, 2021
Uniswap now has just 3.67% of DAM tokens due to the fact that 77.6% of all DAM tokens are now locked-in to mint 
FLUX 🔥 https://t.co/u0d6zL7y7i
Frequently Asked Questions
When is the deadline to withdraw DAM from Graviex?
Trading and operations for DAM on Graviex will officially cease on February 11, 2021. You must withdraw your tokens to a personal wallet before this date.
Why is there so little DAM available on Uniswap?
Only 3.67% of the DAM supply is on Uniswap because an overwhelming majority (77.6%) of the total supply is actively locked in the Datamine smart contract to generate FLUX.
What happens if I do not withdraw my DAM from Graviex in time?
If you fail to withdraw your DAM tokens before February 11, 2021, you risk losing access to your assets as the exchange will cease support and trading for the token.
· hodlforjesus · #social-updates