Targeted FLUX Burning Launches on Datamine Network
Datamine Network Introduces Targeted FLUX Burning
Hey guys we've just deployed a new build with a long awaited feature. Introducing Targeted FLUX Burning. If you are burning FLUX, you can now specify who gets the flux burn amount. This feature is live so you can just refresh and check it out right away.
This opens up a lot of new cases for FLUX. For example:
your delegated minter can burn back to the FLUX it mints.
you can burn FLUX to a friend when he onboards
you can use FLUX burn as a form of payment
Keep in mind that when using this targeted burn the target address must have locked-in Datamine (DAM) tokens. (We've built this safeguard in the smart contract with this specific scenario in mind to avoid accidental FLUX burning.)
As a side note, we've now burned over $100,000 in FLUX! (67.19% of minted FLUX). 🔥

Datamine Network Milestone Cements Strong Token Dynamics
Datamine Updates Whitepaper on ERC20 Multiple Withdrawal Security
🔒 Hey guys we added a new section for "EIP20 API Approve / TransferFrom multiple withdrawal attack" in our whitepaper to clear up any confusion about our choices.
Our current approach is based on OpenZeppelin ERC-20 implementation to ensure our contracts can interact with other ERC-20 contracts without breaking the standard. If you are interested about this form of exploit and how it can be avoided be sure to check out or new whitepaper section:
https://github.com/Datamine-Crypto/white-paper/blob/master/docs/datamine-smart-contracts.md#note-on-eip20-api-approve--transferfrom-multiple-withdrawal-attack
Realtime FLUX Forecasting and Datamine Protocol Security Updates
Realtime On-Chain FLUX Token Dividends Forecasting, CoinGecko, & Fail-Safe Updates. https://link.medium.com/gz2QCffiO7
FLUX Listed on CoinGecko as Yield Ecosystem Expands
Realtime On-Chain FLUX Dividend Forecasting Launched
Introducing Realtime On-Chain FLUX Token Dividends Forecasting. You can now forecast your FLUX earnings with our built-in forecasting mode!
Using realtime on-chain data straight from multi-router Uniswap data you can get an estimate of both FLUX and USDC amount based on any amount of DAM. It is SUPER SIMPLE to use, just click "Forecast Mode" within the Datamine Dashboard and you get to enter any DAM amount to see how much that amount would earn.
We'll be expanding this forecasting calculator even further in the coming days so be sure to follow our updates! 🔥

Datamine Network FLUX Smart Contract Fail Safe Ends
Datamine Network Launches On-Chain Yield Forecasting Tool
Hey guys I wanted to give you an early sneak peek into a forecasting tool we've been working on. This is the "calculator" that you've been all asking about and uses realtime on-chain data to do all sorts of forecasting.
With this new forecasting tool you will be able to:
Pick any DAM lock-in amount (up to the max supply cap)
Forecast a bit into the future (Pick a pre-defined time period ex: Day, Week, Month, Year)
Pick any multiplier to see how much that would generate
Don't forget that this is all realtime, on-chain data. This forecasting mode will undergo a few releases and we're targeting the first one for tomorrow. 🔥
🔒 SECURITY NOTE: Please only click official links and Uniswap links from our website. Our smart contract addresses are available on our homepage: https://damcrypto.com/
