Fees have been very huge problem for ETH last months so was onchain trading on Uniswap. Thanks to our awesome community and help of Polygon Layer 2 protocol (formerly Matic) we were able to open a L1-L2 bridge to Polygon for DAM and FLUX tokens.
Now you can add liquidity and trade Datamine Ecosystem tokens with close to zero fees and lightning fees at https://quickswap.exchange/#/. The only fee you will have to pay is ETH gas contract fee for bringing your tokens.
Here you can read an awesome guide from our community member about setting up Polygon Network in your Metamask and further on trading on Quickswap https://hyzio.medium.com/starting-with-quickswap-l2-c2fcc9cbf5f6
Contract addresses for DAM and FLUX in Polygon Network:
Prepare for a whole slew of new data points previously never before seen.
First up: Liquidity Pool Value Creation (USD)
Imagine if you were to add up all of the liquidity changes in Uniswap each day. Keep a running total throughout all time and do all of this in real-time.
With this new set of data you can make better trading decisions and see where the value creation is trending! You can actually time the market better and even see the downtrend we had in September. (The value creation was actually NEGATIVE during this time)
What we can deduce from these numbers so far is that as the FLUX pool grows the Value Creation grows slowly*
This is just a taste of what's to come with our new on-chain historical USD pricing & pool details.
This will support any liquidity pool provider (Balancer, Unsiwap, Quickswap), doesn't even have to be on Ethereum 🔥
The historical USD pricing is almost ready for prime time! We've just completed our first historic data endpoint so now the TImeline tab has historical on-chain data for both USDC/ETH & FLUX/ETH pools!
Tomorrow I will start showing you some charts and updating the UI with historic pricing! Stay tuned as there are lots of new exciting charts coming! 🔥
Hey guys I found a way to avoid having to rewrite the central Ethereum block storage at this time. This means we can get to historical pricing even faster.
I've just finished syncing all of USDC/ETH Uniswap transactions for Datamine Network which only took ~20 minutes!
Next step is to hook this data throughout the Datamine Network. I expect us to have first version historical pricing out next week!
With Historical USD pricing we'll get access to accurate per-block on-chain USD pricing. So the USD price you see will be the exact price at that time.
Just one step closer to getting true Uniswap LP ROI with our ROL metric!
I've deployed the FLUX USDc real-time pricing for all pages. Additionally I've added a new settings page. Will do a social update for this Tomorrow.
Right now you can control how FLUX prices and Age columns behave. These settings are permanently saved on your computer so they persist between refreshes.
Tomorrow I will be starting on unified block architecture. This will allow us to share block timestamps across multiple data endpoints. ETH / USDc will have data almost every block and we don't want to hit Ethereum rpc for every block.
Once the unified block architecture is complete we'll be able to do Uniswap ETH / USDc analysis. Then we'll have the data necessary for historical pricing!
Lots to look forward to next week as we're on track for our new metric: ROL: Return On Liquidity 🔥
Wanted to show you some exciting updates coming to the address page with the new USD update. This new update features real-time USDC pricing, a pre-cursor to historical pricing coming soon.
Here are a few tweaks coming to the address page:
You can click the address to copy it to clipboard. I often find myself copying a bunch of addresses around.
Re-ordered columns to make the data flow better. Mint/Burned amounts from the address are at the very bottom
There is a new data for when the address was created (Address Age)
You can open both address and minter address in a new tab (Each one is a link)
USD pricing for burned,minted and delegated minters.
I find myself using the analytics on daily basis so these small quality of life features should benefit regular users. Stay tuned for next round of USD updates this week, trying to finish up real-time pricing this week so we can start on historical prices next week. 🔥