Topic: [ANN] (DAM) Datamine Network - FLUX: Time is Money 2.0 - DeFi DApp - page 2. (Read 5898 times)

At the bottom of the dashboard or main page it says:


Please see dashboard here, and you can click on help in the lower right corner or find other links from there.

https://datamine-crypto.github.io/realtime-decentralized-dashboard/

https://datamine-crypto.github.io/realtime-decentralized-dashboard/#help

A little bit strange as on the website I don't see any updates in project road map, it is still december 2020 there

Number Go Up Technology.

You can still buy FLUX from UniSwap, the pool is bigger, more have been burned.

Bamboozled implies someone was fooled or misled. The facts are all out there for everyone to see. There is more locked in, at the same time there is more in both the FLUX and DAM pools. All one has to do is look at the numbers, look at the analytics, which are all open.

I don't get you, you come here to deep boil yourself into french fries every time.


I did take profit, but I still hold all my original DAM. Thanks for the warning though. Luck is what you make of it.

Remember this?


It's been 6 months.  Ready to admit you got bamboozled into being a bag holder again?  So many opportunities to take profit.  I even warned you.  Sorry buddy.  Better luck next time.

I am a firm believer that the dual token system and its self regulatory burning mechanism are well balanced.

I have been working on a community calculator for a while, where you can calculate your returns based on the burn multiplier and other factors. Just by "staking" your DAM and earning FLUX, the APY is >30% as of writing of this post. Pretty awesome I think.

You can play around with the tool here: https://damalytics.web.app

As of this post about 66% of FLUX has been burned. More than 438k FLUX have been burned and that's only counting for locked-in DAM addresses. In total 504k FLUX have been burned.

Anyone can burn FLUX. Get it from UniSwap then burn it.

So total supply of FLUX Tokens is unlimited and it has no starting supply also. So how do you planning to prevent a token from depreciating without a fixed supply? Is there will be token burnings?

It's an Ethereum token


Nothing unique.  I pointed this out a while ago.  Tried to warn the suckers.

https://bitcointalksearch.org/topic/m.54763535

it has own chain or on eth chain

As of this post,

And what unique here? Why is this "Money 2.0"? We have enough projects where 2 types of tokens and people are getting as dividends. But honestly I don't see usecase of your token.

Announcement: 24 Hours Left until our Datamine (DAM) Snapshot

Dear partners.
We are the new owners of the BETCONIX cryptocurrency exchange.
In December 2020, an updated exchange and platform will be launched for IEO and Listing.

Our mission is to create an honest platform for listing and ICO, we want to give a platform for listing promising projects even with a small capitalization.

The peculiarity of the platform is as follows:
- BETCONIX Exchange does not charge projects for IEO and Listing.
- The main requirement for your projects, the project should be promising.
- For your project should vote, users owning BNIX tokens.

You will only be required to present your project to the exchange users.
If you are confident in your project.
If you are interested in listing and IEO, without paying commissions of the exchange.
We invite you to cooperate.

Send a description of your projects and offers to [email protected] e-mail.

Managing director
GN BetConix ST s.r.o.
Andrew Plath.
[email protected]
https://www.bnix.info
https://betconix.com

Hello my fellow Datamine community.

We will be taking a snapshot of the DAM Contract and will be airdropping all the DAM holders with our token.

The datamine ecosystem meets the requirements to run our project and we Strongly believe the Datamine community understand the fundamentals of the protocol the best.

Follow the project on:
https://casinomoney.finance/

Edit: 1) People have been asking if they need to unstake in order to claim the CMF Tokens from the airdrop. You will not need to unstake your DAM to receive the CMF token"

2) We will be posting a bitcointalk ANN as we do not have any intetions in piggy backing off Datamines community for the foreseeable future.

https://bitcointalksearch.org/topic/--5288443

I think we can congratulate the Datamine community as Datamine (DAM) have successfully passed professional audit by the SlowMist team

Try damcrypto.com which redirects to https://datamine-crypto.github.io/realtime-decentralized-dashboard/

Everything should be available there. If you have questions, feel free to ask here or join the discord.

https://discord.me/dataminenetwork

Can also see the medium articles and tweets:
https://medium.com/@dataminenetwork
https://twitter.com/dataminenetwork

Recently the contracts were professionally audited by the Slow Mist team and passed.

If you're talking about the price of DAM, it did not start from $16, unless you are counting the past two or three years when it was BWK before the swap, and two different dev teams and communities took over the development of the coin then brought it now into an ethereum token.

So that's either ignorance or intentionally misleading to say there is a 95% loss from $16 to $1.

If you're referring to the price of FLUX, given that the token is only 3 to 4 months old, that's not enough time to let the market stabilize to lead to any meaningful conclusions. It makes it sound like a sour grapes kinda pump and dumper in it for the short term 100x gainz.

That's not what I'm after personally, and what several others who are in it, it would seem to me, but I may be mistaken. Of course you will always find a rotten apple in every group, you just seem to be more verbal about it.

FLUX liquidity in Uniswap is up 4x compared to last month. That's a good metric. I think that's amazing too.
DAM locked in has been consistently close to 70%. That's another good metric.

You can participate now in the open beta of the analytics platform.

All these are on-chain data.

I can't make Hodl do anything, and at this point I don't really listen to anyone who says they're right or they're wrong, just look at the numbers that you and everyone else can see and stop fixating on the price. The price goes up. The price goes down. There are cycles.

There is at least one use case, which seems to me, to be better than a lot of other projects that don't even have an on-chain intrinsic use case for their coin or token. This one has at least one. The other use cases will follow. So far there is about $200k worth of FLUX that have been burned, and that's only for those addresses that have locked in DAM at the moment, does not include the other addresses which are "inactive".


Stop dunking on me, I am not a part of the project any more than the other people are. I don't control the market (who does?). You don't like the coin, you can go away, which you seemed to do okay for awhile, then you come back every time the price moves? I guess I'll see you around here quite often.

If the price looks low to you or to anyone else, I guess that could be taken as a good indicator to get some of it.

I guess a 95% loss (~$16 -> ~$1) is “doing quite well” for a DeFi project given all the rug pulling going on.  I still haven’t seen a use case other than ... burn this for more of that, which produces this (a circular and deflationary use case).  So far time and history are validating my arguments.  Price movement for DAM and FLUX are both strongly down since I initially brought concerns to you in a more private forum.

Are you ready to have HODL write that two page essay detailing how I was right and he was wrong?

I’ll come by and dunk on you every few months until he does, or this project explodes into an unimaginable success... at which point I’ll admit I was wrong. 

The FLUX/ETH pool has more liquidity now than before, currently around 21k FLUX. There are also liquidity pools in sushi, burger and balancer pools. More than 31% of all minted FLUX are burned.

DAM locked in has also remained stable close to 70%.

Considering the DeFi hype for all other coins and tokens have gone, I think it's doing quite well and it's still above $1 USD.

Is it stabilizing in the direction you anticipated?