Datamine Lock-to-Mint Smart Contract Platform.
Phase B of Beta Testing started. New FLUX smart contract now features fail-safe mechanism. For 28 days after launch you can only lock-in 100 DAM for any address. After 28 days you will be able to lock-in any amount.
For beta testing on testnet this is set to 3 days. Also FLUX burn ratios (my vs global) are now clearly displayed so you can estimate how much FLUX is required to be burned for 9x the global ratio.
If there are no major issues in this test we’ll be making FLUX smart contract public some time next week for 50,000 DAM exploit bounty (paid out of our own pockets). If there is an exploit we will also buy back 50,000 DAM from the market.
This new FLUX smart contract has the following updates as of today:
- 3 days failsafe test (You can only lock-in 100 DAM for the first 3 days of the test. After which the smart contract should automatically allow you any DAM lock-in amount. This will be set at 28 days on mainnet, so 3 days is accelerated.)
- FLUX Smart contract cleaning up
- 100x mint increase (Adjustments after updating unit tests, this brings us to correct 9m/year projection)