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Datamine DAM Token Locking Hits Record Peak

🔥 DAMDAM reaches new peak with 76.27% of all tokens locked-in to mint FLUXFLUX 👀

Our unique DeFi use case destroyed over $200,000.00 USD of FLUX meaning every 1 FLUX is backed by 2 destroyed FLUX + DAM lock-in time

New core metrics launching soon👍

https://t.co/EsnZs3DP0q https://t.co/oEP8qiQ1of

· hodlforjesus · #social-updates

Real-Time Inflation Tracking Coming to Datamine Network

Hey guys,

I have finally conquered a working pattern for realtime averages that handles Ethereum longest chain swaps 🔥 . I actually ended up doing a much cleaner approach that was staring me in the face and did not need to do the complex async pattern I described before.

I will be applying this pattern to FLUX Mint, Burn and DAM Lock-in. This means we'll get realtime average inflation and also daily Uniswap breakdown of various actions. And of course we can apply this to any other smart contract we add to the network.

I'll have this plugged into the front end and released to production in a few days so be sure to follow for updates burnflux2

Real-Time Inflation Tracking Coming to Datamine Network

· hodlforjesus · #dev-updates

Datamine Network Records Massive FLUX Burn Milestone

🔥 MASSIVE amount of FLUXFLUX was destroyed from the circulation Today valued over $10,000.00 USD 👀

Our Unique Audited DeFi use case has destroyed $250,000.00 (2/3rd of all tokens) worth of FLUX

Over 75.74% of lifetime DAMDAM is locked-in to mint FLUX!🔥

https://t.co/EsnZs3DP0q https://t.co/caNxdkIr0i

· hodlforjesus · #social-updates

Datamine Network Upgrades Real Time Analytics and Records Massive Burn

Hey guys the averages are taking a bit longer than expected but I've put the groundwork for the new implementation. I've tried about 3 different approaches but was not a fan of the extra code bloat that was introduced. I wanted something that we can apply to other smart contracts a bit easier. Since this is a new pattern in our network I am taking a bit more time with it to ensure I don't redo it again due to Ethereum longest chain swaps.

I found a good fast way to compute averages with longest chain swapping. The new approach allows us to to decorate our realtime analytics with some async logic. Basically this means we can run more complex logic (such as calculating averages) in realtime while also being able to undo those actions and get correct previous average.

Also we've had a MASSIVE burn Today of 14,791.66 FLUX. This is like buying $10,000 from the supply and burning it when the supply is only $100,000. We're now back to $250,000.00 burned in FLUX which is an amazing use case as those funds do not end up back on the market. 👀

I'll have some more updates on this new async metadata addition in the coming days. Expect to see 31 day burn, mint & lock averages very soon. And most important of all we can finally see 31 day inflation, really curious to chart that. 🔥

· hodlforjesus · #dev-updates

Datamine Introduces Real-Time 31-Day SMA Inflation Metrics

Hey guys, I am changing priority and will get new realtime averages data points tomorrow. This will lead us into a very important core metric for 31 day running inflation (using SMA). Requires a few small tweaks to the network but we can apply these averages to lock-in, burn & mint (as well as any other smart contract).

Hoping to get this done tomorrow and maybe even get the 31 day running inflation % onto the dashboard. After that I will jump back to Uniswap timeline.

I believe the new realtime averages will give a good idea where things are headed so you can make better investment decisions. Don't forget we can also apply this to other smart contracts and I don't believe anyone has done this sort of smart contract analysis in realtime yet. 🔥

· hodlforjesus · #dev-updates

Datamine Pro Update Fixes FLUX Analytics and Syncing

Hey guys,

Just put up a new build of Datamine Pro analytics. This build fixed the FLUX burn running balance & burn ratio calculations on our Realtime ledger.

I've also added a new method of reconnecting to Ethereum network which should improve our syncing stability.

Tomorrow I am jumping on timeline updates for Uniswap so we can get some new charts. Planning to use these new data points for a new core metric. 🔥

Datamine Pro Update Fixes FLUX Analytics and Syncing

· hodlforjesus · #dev-updates

Datamine Network Secures High DeFi Safety Score

Hello everyone,

DeFi Safety completed their review and we scored 81% which is an amazing score! 🔥

We now have a professional audit and a Quality & Safety reports backing our projects. Thanks everyone for spearheading these community initiatives. You guys deserve a round of applause. 👏

We've also just hit our highest Datamine token lock-in at 75.96%! That means over 3/4th of all DAM tokens are now locked-in to mint FLUX!

FLUX is continuing it's strong burn trajectory with 330,000 / 511,000 FLUX destroyed (65.75% valued over $180,000 USD) 👀

Be sure to check out DeFi Safety review of both Datamine and FLUX smart contracts:

https://defisafety.com/2020/11/20/datamine/

Datamine Network Secures High DeFi Safety Score

· hodlforjesus · #announcements

Datamine Network Achieves High DeFi Safety Score

🔥 Huge shout out to our DeFi community for spearheading DefiSafety review

  • We've scored 81% which is a huge accomplishment🎉

  • We've also just hit 75.95% of DAMDAM locked-in to mint FLUXFLUX 👀

  • 65.75% of FLUX is destroyed (valued over $180,000 USD)👍

https://t.co/EsnZs3DP0q https://t.co/U4LlWl4t97 https://t.co/hahNKWyKQe

· hodlforjesus · #social-updates

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