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Modernizing the Datamine Network Dashboard Tech Stack

I have some new ideas for the dashboard, but before I do them we have to tackle some tech debt. I've been avoiding upgrading Material UI v4->v5 for a couple of years now but there is a package I want to use that needs us to run later versions of react.

I've spent some time Today upgrading to Material UI v5 and finally got it working. It's a bit rough around the edges in styles but it's working for the most part.

Going to spend some time tomorrow going through everything and updating the styles.

Also keep in mind that Material UI is now in v6 so after these updates I'll release the new version and we'll see if we have to go one more version up. It's been a while since these libraries have been updated so there is a few things we'll have to make changes to.

Attached a screenshot of how things look like right now (At least it's running!) 🔧

This is just one of the commits I had to work on: https://github.com/Datamine-Crypto/dashboard/commit/12849fb2f0ef9ffc85e87df090e230850541f153

Modernizing the Datamine Network Dashboard Tech Stack

· hodlforjesus · #dev-updates

Datamine Lockquidity Sets New Decentralized Liquidity Records

🔥We're seeing unbelievable growth in Lockquidity LOCKLOCK token liquidity.

In just 1 month we've beaten both DAMDAM and ArbiFLUXArbiFLUX liquidity which took over 4 years to gather.

Datamine Lockquidity is a solution for permanent, decentralized liquidity while featuring all of the same great tokenomics!

Ethereum L2 is growing rapidly thanks to arbitrum and we're excited to be at the forefront of DeFi innovation.

Thanks to our amazing community for this growth!❤️

https://t.co/MBsMTkMT7Y

· hodlforjesus · #social-updates

Datamine Lockquidity Achieves Milestone Liquidity Growth on Arbitrum

🔥#DeFi on Ethereum is absolutely on fire!

Datamine Lockquidity LOCKLOCK token just saw an explosive liquidity jump beating our 3 year old token in just 2 month! That's right, it took us just 2 months to get to same liquidity that took ArbiFLUXArbiFLUX 3 years to build...

Our unique tokenomics combined with renewed interest in altcoins brings something unique into world of decentralized finance!

Huge thanks to arbitrum for making Ethereum scaling happen! Without L2 this jump in growth would not be possible!❤️

https://t.co/MBsMTkMT7Y

· hodlforjesus · #social-updates

Datamine Network Thanksgiving Update and Community Appreciation

🍁 Happy Thanksgiving, Datamine Community! 🍁

As we gather with friends and family to reflect on what we're thankful for, we want to express our heartfelt gratitude to you—our incredible community. Your engagement, ideas, and contributions continue to drive the Datamine ecosystem forward, making it a beacon of innovation in decentralized finance.

This year, Datamine’s multi-token architecture has sparked meaningful conversations about the future of adaptive monetary systems. Together, we’re tackling some of DeFi’s biggest challenges, like inflation control, market stability, and sustainable growth. Your support ensures that Datamine remains a leader in rethinking what digital finance can achieve.

Whether you’re locking, minting, burning, or just following along, you are an integral part of this journey—and for that, we are deeply thankful.

Here’s to a season of gratitude, growth, and a bright future for the Datamine ecosystem!

🌟 Thank you for being part of our story. Have a wonderful Thanksgiving! 🌟

· neurodam · #community-announcements

Datamine Network Tokenomics and LOCK Stability Mechanics

4️⃣ LOCK: The Stability and Liquidity Token

✓ Role: LOCK enhances stability by contributing to a permanent liquidity pool.

✓ Use: Minted by locking ArbiFLUXArbiFLUX. Can also be burned, but instead of reducing supply, this redirects value to the liquidity pool, ensuring long-term stability.

🔄 Integration Flow

☑️ Locking & Minting:

Lock DAM to mint FLUX (Layer 1).

Transfer FLUX to Layer 2 and lock it to mint ArbiFLUXArbiFLUX.

Lock ArbiFLUXArbiFLUX to mint LOCK.

☑️ Burning & Rewards: Validators can burn FLUX, ArbiFLUXArbiFLUX, or LOCK to boost minting rewards (APY), reduce supply, and stabilize the system.

☑️ Liquidity & Stability: LOCK ensures market stability by contributing to a permanent liquidity pool, mitigating price swings and increasing depth.

☑️ Dynamic Monetary Policy: Tokens interact dynamically, balancing inflation and deflation to adapt to market conditions.

💪 Why Join Datamine?

✭ Hedge Against Inflation: Dynamic tokenomics adjust supply and demand to preserve purchasing power and stabilize value.

✭ Generate Yield: Validators and participants are rewarded for locking and burning tokens, driving efficient ecosystem participation.

✭ Enhance Market Resilience: The permanent liquidity pool strengthens market depth, reducing volatility and supporting sustainable growth.

❔ Have Questions?

Jump into to ask the community.

Chat with GPT Datamine Assistant: https://chatgpt.com/g/g-WdK2nNwGZ-datamine-assistant

Say hi and let us know what brought you here!

· neurodam · #eli5

The Role of FLUX in Datamine Network

2️⃣ FLUX: The Layer 1 Utility Token

✓ Role: FLUX is minted when DAM is locked. It’s used for rewards and transactions.

✓ Use: Validators can burn FLUX to boost minting rewards and reduce its supply. FLUX can also be bridged to Layer 2, where it can be locked to create ArbiFLUXArbiFLUX.

· neurodam · #eli5

How DAM Anchors the Datamine Decentralized Ecosystem

1️⃣ DAM: The Foundation Token

✓ Role: DAM anchors the system and has a capped supply of 16,876,779 tokens.

✓ Use: Lock DAM on Layer 1 (Ethereum) to mint FLUX, which drives participation and value stability.

· neurodam · #eli5

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