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How Datamine Retains Burn Bonuses After Unlocking

💡 AI Article Summary

Permanent Burn Bonuses on Datamine

The Datamine Network features a unique yield mechanism designed to reward long-term participation without penalizing liquidity flexibility. When users lock DAM to mint FLUX, they can burn FLUX to permanently boost their minting rewards (APY). This secondary functionality of money allows participants to generate ongoing yield by destroying tokens.

A key technical design of this smart contract system is that your burn history is permanently tied to your on-chain address. If you choose to unlock your DAM, the FLUX you burned remains "perma-burned" in the system, actively reducing the circulating supply and benefiting the entire ecosystem's deflationary design.

Re-locking and Restoring Rewards

Because your burn history is immutable and tied directly to your Ethereum address, you do not lose your accumulated burn bonus when you unlock your tokens. If you decide to re-lock DAM at any point in the future, your previous FLUX burn bonus is instantly restored.

This architecture eliminates the pressure of keeping assets locked indefinitely, offering users the freedom to manage their capital while preserving their hard-earned yield-boosting multipliers.

🔥When you unlock DAMDAM all of the FLUXFLUX you burned is permanent for your address.

This means you can unlock & re-lock DAMDAM at any time to get your FLUXFLUX burn bonus back! Until then the FLUXFLUX is considered "perma-burned" benefiting the whole ecosystem!👍

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Frequently Asked Questions

What happens to my burned FLUX if I unlock my DAM?

Your burned FLUX remains permanently destroyed, continuing to support the deflationary dynamics of the ecosystem. However, your burn history remains securely tied to your wallet address.

Can I recover my burn bonus multiplier after unlocking DAM?

Yes. Because your burn history is saved on-chain for your specific address, re-locking your DAM at any time will automatically restore your previous FLUX burn bonus.

Does unlocking DAM erase my proof-of-burn progress?

No, your progress is never erased. The smart contracts ensure that your historical burns are permanently recorded, giving you full flexibility to lock and unlock assets without losing your yield multiplier.


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