Datamine Integrates SolidLizard DEX for FLUX on Arbitrum
💡 AI Article Summary
Expanding Decentralized Liquidity
The Datamine Network has integrated SolidLizard, its first ve(3,3) decentralized exchange (DEX) on Arbitrum. This integration establishes new liquidity avenues for both FLUX and ArbiFLUX, leveraging the efficiency and speed of the Arbitrum Layer 2 network.
Incentivizing a Deflationary Ecosystem
This partnership aligns with the core deflationary mechanics of the Datamine ecosystem. Currently, over 71% of the total minted FLUX supply has been permanently burned. In the Datamine network, burning tokens acts as a functional monetary utility, allowing users to voluntarily destroy assets to permanently boost their passive yield. Bringing FLUX and ArbiFLUX to SolidLizard provides market participants with deeper liquidity while strengthening this decentralized proof-of-burn model.
🔥We've integrated solidlizardfi, our first arbitrum ve(3,3) DEX for 
FLUX and 
ArbiFLUX!
As DeFi matures we're here to plug into exciting new liquidity opportunities!
>71% of FLUX is now burned in our unique monetary system! Welcome SolidLizard!❤️
https://t.co/EsnZs3DP0q https://t.co/WvQ0n6B8sM
Frequently Asked Questions
What is SolidLizard?
SolidLizard is a ve(3,3) decentralized exchange (DEX) built on the Arbitrum Layer 2 network, designed to incentivize deep liquidity.
Which Datamine tokens are featured in this integration?
The integration supports both FLUX, the Layer 1 utility token, and ArbiFLUX, the Layer 2 efficiency token.
What percentage of FLUX has been burned?
Over 71% of the total FLUX supply has been permanently burned, which dynamically rewards active validators and stabilizes the ecosystem.
· hodlforjesus · #social-updates