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

First metric is a combination of FLUX and ArbiFLUX 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 FLUX is currently unminted vs $29,000 of available liquidity. ArbiFLUX 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

📣 Attention all members:

Give a warm welcome to the Datamine ChatGPT bot! 🎉This tool is designed to field not only fundamental questions about Datamine’s tokens and protocols but also to provide detailed explanations of our economic model that is designed to resist inflationary pressure.

Whether you're new to the Datamine ecosystem or looking to deepen your understanding, our ChatGPT bot stands ready to assist with precise and comprehensive responses. Engage with it today for a smarter, more informed crypto experience. Or share it with your friends/online for ELI5 explanations. You’ll be quite pleased!

https://chat.openai.com/g/g-WdK2nNwGZ-datamine-network

❤️ , Datamine Community

🔥Check out this new chart coming in the next update to Datamine Network! We've asked ourselves a basic question: "How did DAM / FLUX 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

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, FLUX is unfortunately getting more expensive... Are these the first signs of an on-chain inflation?

🔥We've finally launched our updated Market Metrics tab!

The new Market Metrics gives you 6 new powerful "interactive widgets" to gain deeper insights into our Etherum + Arbitrum L2 monetary ecosystem!

We've got more DeFi metrics on the way!👌

https://t.co/EsnZs3DP0q https://t.co/nQdGprnEnM

🔥Introducing Datamine Network Craft

Roadmap For Next-Generation of Web3 Analytics

Solving the last step of DeFi analytics

• Open Source since day 1

• Works with Ethereum arbitrum optimismFND

• Built-in MetaMask snap app

• Any smart contract!👀

https://t.co/QhiubSfjTz

🔥The next update to our ecosystem analytics is almost here!

The new market metrics interactive page will feature an aggregated view for FLUX + ArbiFLUX percentage burned!

We're consolidating our Ethereum L1 + arbitrum L2 data for better UX!

https://t.co/EsnZs3DP0q https://t.co/Iir5fyRRcc

🔥The next update to Datamine Network now also features L1 + L2 cross-liquidity pool aggregated metric!

We've combined a bunch of FLUX liquidity pools across Ethereum + Arbitrum L2 to get a single USD $ value.

DeFi analytics = adoption❤️

https://t.co/EsnZs3DP0q https://t.co/4rKM8kYVl4

🔥We've been working on some brand new interactive widgets for Market Metrics page!

Check out the new FLUX L1 vs Arbitrum L2 Available Liquidity Metric.

With new chart you can see migration of FLUX liquidity to arbitrum in April and grew by >50%!👀

https://t.co/EsnZs3DP0q https://t.co/4EyHoNOWHU

🔥We've reached a new record of 84.42% of all DAM tokens locked in the FLUX smart contract!

With only 15% of total supply in circulation we've seen some huge volatility and we expect things to get wild as Ethereum grows!

Limited supply + no inflation =👀

https://t.co/EsnZs3DP0q https://t.co/rosCDpI0jC