Datamine DeFi Network Pro

Datamine Network
2 min readJul 19, 2020

It’s time to discuss how we plan to utilize FLUX in Datamine DeFi Network Pro

First, it is important to understand exactly what we are trying to achieve:

  1. Grant access to core customer base: users that are utilizing the Datamine ecosystem need to be able to access the network free of charge.
  2. Limit “bad actors” and limit server resource utilization.
  3. Connect core customer base together in realtime.
  4. Remove any form of registration & provide some form of privacy.

Here is how FLUX will be used in our proprietary Analytics platform:

  • You MUST have burned any amount of FLUX on the selected address before gaining access.
  • You are placed in a priority ordered queue, where those who burned the most FLUX get to “skip the line” and can login before others.
  • You can get “knocked down” the line if someone who has burned more than you comes online.
  • If the server is full, you will be placed in priority queue.
  • You get 2 buddy passes. These buddy passes have THE SAME priority as your main address.

In conclusion:

— If you burn a lot of FLUX, you are guaranteed free, no-queue entry to the DeFi Network any time of day.

— YOU MUST burn FLUX to gain access. In beginning this will be as low as $0.01 to gain access and will grow from there as server demand increases.

— We will increase the FLUX burn queue as server resources allow. This means we can have a larger network in the future.

Alpha is coming out NEXT WEEK so be sure to check Discord for Alpha invitations.

Datamine Team

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Datamine Network

Datamine FLUX is DeFi’s first inflation-resistant currency built on Ethereum. Market equilibrium is established using a variation of Proof-of-Burn algorithm.