Arbitrum Blobs Lower Transaction Costs for ArbiFLUX
🔥#Arbitrum Blobs are finally live and this is a big deal for our DeFi ecosystem!
Now you can mint ArbiFLUX on L2 at fraction of the price! Ethereum gas was the biggest barrier for DeFi adoption and now we're finally seeing a solution for Datamine Network!
Don't forget there is another round of gas savings coming to arbitrum on March 19!
Stay tuned as we move forward to <$0.01 mints, burns and swaps! 👀
https://t.co/MBsMTkMliq
Datamine Network Tracks Validator Reactivations at Four Years
🔥We're adding another achievement to our DeFi ecosystem!
FLUX ecosystem is now approaching 4 year anniversary and it's important to understand how many validators mint after 2 years of inactivity.
Imagine leaving your DAM locked-in for 2 years and then finally minting FLUX! This new achievement helps us see the following information:
163 validators are active
652 total validators (489 dormant)
28 dormant validators minted after 2 years
Ethereum & arbitrum metrics through decentralized achievements! 🧠
https://t.co/MBsMTkMliq
Datamine Network Optimizes Layer 2 FLUX Calculations
🔥The next update for Datamine Network features an updated way to calculate unminted FLUX and
ArbiFLUX on Arbitrum L2
Here are the metrics so far for 164 active validators in our network:
1.0m unminted FLUX
2.6m supply
3.5m burned (Currently valued at $200,000) 🔥🔥🔥
We also see that dormant validators account for ~30% of unminted amount. Meaning ~70% of DAM supply is currently minting FLUX!
https://t.co/MBsMTkMliq
Datamine Network Boosts Transparency by Tracking Dormant Validators
🔥In the next Datamine Network update you'll be able to identify both FLUX and
ArbiFLUX dormant validators for any addresses that have not participated in minting for >2 years.
Currently 162/653 validators are active on our DeFi monetary ecosystem. These participants replace the responsibility of a single central bank to control monetary inflation.
With the new update you'll be able to identify addresses that are have not participated (and possibly forever abandoned).
Be sure to follow our updates as we're still tweaking the UX/UI after 4 years to ensure there is more transparency for everyone! 🧠
https://t.co/MBsMTkMliq
Datamine Network Launches Major Dashboard Update
🔥The new Datamine Dashboard update is finally here!
This new update features 4 new additional metrics, tons of Arbitrum L2 additions for ArbiFLUX, improved
FLUX liquidity tracking and a ton of bug fixes!
Our DeFi ecosystem is now live for almost 4 years and we're still tweaking UX/#UI.
Transparency is critical for a monetary system and we're still exposing all the inner workings of our unique project!
We've got more updates on the way so be sure to see what new dashboard additions are coming! 👀
https://t.co/MBsMTkMliq
Datamine Network Adds Unminted FLUX Metric
🔥The next Datamine Network update features the highly requested " Unminted FLUX " metric!
We've finally figured out how to calculate this tricky number for both FLUX and ArbiFLUX on Arbitrum L2
In DeFi this kind of transparency is very important to understand what kind of potential market pressure is sitting on the sidelines.
It's exciting to see that the top 3 addresses burned more FLUX then they have minted! 👀
https://t.co/MBsMTkMliq
Datamine FLUX Achieves Negative Inflation Milestone
🔥Datamine FLUX was the first cryptocurrency to hit negative inflation in 2021 and we're now sitting at -7.12% inflation once again!
After a record spike of -427% inflation last March we've now reached another negative point! These deflationary milestones are an important part of a monetary system.
When market demand slumps our validators are incentivized to burn FLUX. Over $1,720,000 of FLUX was burned in 4 years to help stabilize the market price.
We're showing the world that a monetary systems can exist without pegging to USD and be truly decentralized! That is the true power of DeFi!💪
https://t.co/MBsMTkMliq
Datamine Network Launches Monthly Validator Yield Analytics
🔥We've got an awesome new way to look at our DeFi ecosystem!
There is now a way to easily see how much each DAM validator generates in
FLUX every month! We've done all the hard work behind the scenes to show you this one number!
We're not even done yet! There is another highly requested, powerful analytics metric coming soon! Be sure to follow us to see what is next! 👀
https://t.co/MBsMTkMliq
Datamine Network Expands Arbitrum L2 Analytics Page
🔥We've added one more Arbitrum L2 chart to our upcoming "Additional Metrics" page update.
We're constantly adding new analytics for our DeFi ecosystem to give full transparency! Even after 4 years of data there is still so much more to discover and explain!
There are only 2 charts left to add for the update so be sure to stick around to see what other new metrics are being added! 💪
https://t.co/MBsMTkMliq