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Realtime Analytics Released for Datamine Network

๐Ÿ’ก AI Article Summary

Realtime Timeline Analytics Launched

We have officially released our new realtime timeline analytics for the Datamine Network. Available now on alpha Analytics, this dashboard provides instant, on-chain insights into the mechanics of our ecosystem. Users can monitor key metrics, including exactly how much DAM is locked and how much FLUX is burned, in real time.

On-Chain Data and Transparency

Datamine Network relies on absolute decentralization and immutable smart contracts. By exposing live, verifiable metrics, our community can analyze the balance between inflation and deflation. This transparency is crucial for validators who lock DAM on Layer 1 to mint FLUX, and subsequently burn FLUX to optimize their yield. These new analytics lay the groundwork for upcoming data points and charts designed to showcase the health of our monetary ecosystem.

๐Ÿ”ฅ Introducing realtime timeline for DAMDAM and FLUXFLUX analytics.

Gain instant insight into how much FLUX is burned and how much DAM is locked-in into our DeFi smart contract.

Available now on alpha Analytics! ๐Ÿ‘€

Charts and data points coming soon!๐Ÿ”ฅ

https://t.co/EsnZs3DP0q https://t.co/NmsI4kr8hl

Frequently Asked Questions

What do the new Datamine Network realtime analytics track?

The new analytics dashboard tracks live on-chain metrics, specifically showing how much DAM is locked and how much FLUX has been burned in the smart contracts.

Why is locking DAM and burning FLUX significant?

Locking DAM allows validators to mint FLUX. Burning FLUX acts as a proof-of-burn yield mechanism, reducing the circulating supply to counter inflation while increasing validator rewards.

Where can I view these analytics charts?

The live metrics are currently accessible on the Datamine alpha Analytics platform, with more advanced data points and charts arriving soon.


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