Datamine NetworkDatamine NetworkCommunity

Most FLUX Supply Migrates to Arbitrum Layer 2

🔥We're now tracking total FLUXFLUX supply that is on Arbitrum L2!

Did you know that 79% of all FLUX is now bridged over to arbitrum? Some of this is minting ArbiFLUXArbiFLUX while the remainder is in L2 liquidity pools.

We're planning ahead for DeFi mass-adoption with L2 scaling and ensuring that our ecosystem succeeds! Looks like there is always room for new analytics and we're still going strong after 4 years! 💪

https://t.co/MBsMTkMliq

· hodlforjesus · #social-updates

Datamine Network Reveals Highly Decentralized FLUX Distribution Metrics

🔥There is now over 2,500,000 FLUXFLUX tokens out in the wild! This took over 4 years of minting and burning over 3,400,000 FLUX tokens.

Our community was curious to see which addresses contributed to this inflation and we've delivered!

In the new update you will be able to see which addresses contributed to the current supply. We're pleased to say the largest addresses have only contributed 6% of circulating supply!

Our decentralization mechanisms are working as expected and 160 validators are distributing the supply in a market-controlled manner. This is what DeFi numbers should look like!

Keep in mind majority of our validators have minted under 1% of the total supply! 👀

https://t.co/MBsMTkMliq

· hodlforjesus · #social-updates

Datamine Network Adds Real Time Arbitrum DeFi Metrics

🔥We're adding more arbitrum L2 metrics for our DeFi project!

After 4 years of development, we now have 15 powerful metrics to give ultimate transparency into our ecosystem.

Get a complete picture of DAMDAM, FLUXFLUX and ArbiFLUXArbiFLUX all in one place!

We've been OBSESSED with improving UI/UX to answer all the questions that you have. There is still much more to come as we're not quite done yet... 👀

https://t.co/MBsMTkMliq

Datamine Network Adds Real Time Arbitrum DeFi Metrics

· hodlforjesus · #social-updates

Datamine Network Expands Cross-Chain Liquidity Tracking

🔥We're expanding our cross-chain liquidity tracking!

We'll now aggregate liquidity across ethereum and Arbitrum from 16 different places into one easy to understand dollar metric.

New sources include BrainletFinance $BRAIN pools as well as arbitrum $ARB pairings.

We've also added a new ArbiFLUXArbiFLUX L2 pool tracking which also includes all of these new liquidity sources.

DAMDAM / FLUXFLUX / ArbiFLUXArbiFLUX Multi-bridge, multi-pool, multi-token tracking all combined into one! That's how DeFi analytics should be done!🧠

https://t.co/MBsMTkMliq

Datamine Network Expands Cross-Chain Liquidity Tracking

· hodlforjesus · #social-updates

Datamine Network Integrates Multi-Chain Charts for DeFi Yields

🔥We're fusing more L1 + L2 charts for our DeFi ecosystem!

L2 ArbiFLUXArbiFLUX minting base APY has been automatically stabilizing since April to handle the new demand!

You can compare this to FLUXFLUX base APY which is currently sitting at 9.55%!

Be sure to check out how our market-controlled inflation creates a fully dynamic market!

https://t.co/MBsMTkMliq

Datamine Network Integrates Multi-Chain Charts for DeFi Yields

· hodlforjesus · #social-updates

Datamine Network Launches Combined Multi Chain Staking Analytics

🔥We're continuing to expand our Ethereum L1 + ArbitrumOne L2 data offerings!

The new combined chart will show you how much DAMDAM is locked in to mint FLUXFLUX on L1 and how much FLUXFLUX is locked in to mint ArbiFLUXArbiFLUX on L2!

41.92% of FLUX is now locked in to mint ArbiFLUXArbiFLUX!

In DeFI the analytics is king and we've been polishing our dashboards for the past 3 years to ensure all key economic data is visible for everyone in realtime!

Be sure to follow us to see what other metrics are coming! 👌

https://t.co/MBsMTkMliq

Datamine Network Launches Combined Multi Chain Staking Analytics

· hodlforjesus · #social-updates

Datamine Network Unifies Layer 1 and Layer 2 Analytics

🔥The next update to Datamine Network will also feature new ArbiFLUXArbiFLUX Arbitrum L2 inflation data.

We've been aggregating our Ethereum L1 + L2 data in one easy-to-use dashboard.

DeFi metrics are extremely important and aggregating both layers into one ecosystem improves UX.

After 3 years of uptime our numbers are looking better than ever an we're still digging deeper into analytics!

https://t.co/MBsMTkMliq

Datamine Network Unifies Layer 1 and Layer 2 Analytics

· hodlforjesus · #social-updates

Datamine Network Introduces Real Time Supply Pressure Metrics

🔥The next update to Datamine Network features 9 new metrics to play with!

First metric is a combination of FLUX and ArbiFLUXArbiFLUX on Arbitrum L2 so you can see exactly how much "minting pressure is on the sidelines"

This is an extremely useful metric to understand what % of supply is still "waiting to be minted and sold" vs available liquidity.

$14,000 of FLUXFLUX is currently unminted vs $29,000 of available liquidity. ArbiFLUXArbiFLUX is sitting at just $2650 of unminted pressure!

As liquidity increases and unminted pressure decreases the stability of FLUX increases and market finds equilibrium! This is what a monetary system should look like: Market-controlled inflation.

Analytics and Metrics is what will drive DeFi forward as this next level of data transparency answers all questions in real-time proven by on-chain immutable proofs.

Stay tuned to see what other new metrics will be added to this new page! 👀

https://t.co/MBsMTkMliq

Datamine Network Introduces Real Time Supply Pressure Metrics

· hodlforjesus · #social-updates

Datamine Network Retains Ethereum Liquidity Peg Over Long Term

🔥Check out this new chart coming in the next update to Datamine Network! We've asked ourselves a basic question: "How did DAMDAM / FLUXFLUX compare to Ethereum over time?"

Based on the new metrics, we can see that DAM & FLUX have retained their pegs to Ethereum liquidity since June 22 2022! Our unique DeFi ecosystem is able to keep market supply/demand balance and decrease volatility as time goes on without having to peg to USD.

We want to showcase that there are better ways to control inflation due to advances in smart contracts. Datamine FLUX is now running for over 1200 days and the days of heavy volatility are finally behind us. Our DeFi ecosystem is finally entering the phase of "stability and liquidity growth" as liquidity pools continue growing.

What will these charts look like 2 years from now when inflation?🤔

https://t.co/MBsMTkMliq

· hodlforjesus · #social-updates

How FLUX Measures Real Time On Chain Inflation

This is a weird metric, but it's important to pay attention to in DeFi.

When "FLUX Value Creation %" goes up, FLUX performs "better than holding USD". Since inception this number has been "significantly lower" where holding $100 of FLUX leaves you with only $7.75 in value.

As "FLUX Value Creation %" number grows it means that FLUX all of a sudden holds value "better". So it's this "magic" number that doesn't make much sense yet because only 7.75% of value is retained but if this grows then our use case of "inflation resistance" becomes more clear for a decentralized monetary system.

Also if you look this number is also almost perfectly tied to "Decentralized Consumer Price Index". Even though they are computed from two completely different sources, the demand data is identical.

This tells us that "As FLUX performs better vs USD it is more expensive to burn". The world is currently experiencing a global inflation problem and it is very likely that what we're seeing here is inflation in FLUX prices as well.

Now here is the crazy part, the amount of FLUX required to get 2x multiplier (Consumer Price Index) went from 45 to 62 in just 3 days. That means our monetary system can adjust for market demand in JUST days! This is something that usually takes governments years to adjust for.

So just like a carton of eggs, FLUXFLUX is unfortunately getting more expensive... Are these the first signs of an on-chain inflation?

· hodlforjesus · #social-updates

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