🔥The next update to Datamine Network features a brand new global validators distribution chart!
Now you can quickly see leading validators for all the metrics and see who is leading!
Over $1,700,000 in FLUX has now been destroyed over the past 4 years to control inflation. We're testing to see if our unique monetary velocity idea works in DeFi world.
Be sure to check out our tokenomics and see how we are leading the charge on "on-chain alternatives to money". Don't forget we are also on arbitrum L2 as well as Ethereum L1!
There is still no competition in this space and the closest project that comes to mind is AmpleforthOrg 👀
🔥Datamine Network is a unique DeFi ecosystem that is now over 4 years old and these are the numbers to get excited about.
We're trying something completely different dynamic inflation completely controlled by the markets. This means sometimes our inflation is -200% and other times it can swing to +200%
We're seeing record numbers across all of our metrics. Stability across FLUX (on Ethereum L1) and ArbiFLUX (on arbitrum L2) is finally coming!
It might be possible we could see value creation phase in action as early as this year. In this phase we would see both supply and price continue to increase slowly.
Stay tuned as this is new and uncharted territory.
🔥Datamine FLUX once again reaches negative inflation!
During times of low market demand DAM validators burn FLUX to increase their minting rates. Currently >57% of FLUX was burned (Valued at over $200,000!)
Crypto is pretty quiet but don't forget that FLUX is minted every 12 seconds!⌛
🔥Wallets with over $100,000 in cryptocurrency fortune lost forever?
Over 500 Datamine Network validators have not minted their FLUX balance in over 2 years. What happened to these accounts, will they ever come back?
This is why we've spent the last 4 years creating the most in-depth analytics for our DeFi ecosystem. After 4 years of minting, only 80% of validator supply is active in minting.
This means that there is even less inflationary pressure than originally forecasted.
Be sure to follow our project and see how it evolves as each year inflation adjusts further towards price stability🧠