Datamine Network — Open Beta v2 Release — What’s New & What’s Next

Datamine Network
4 min readNov 3, 2020

It’s been exactly one month since release of Datamine DeFi Network Pro and we’ve been hard at work on many improvements. v1 of Open Beta showcased our “instant data” technology to the world, but we’re just getting started!

Since the launch of Open Beta we’ve also PASSED a professional smart contract audit. If you missed the update check it out here: https://dataminenetwork.medium.com/datamine-dam-flux-smart-contract-audits-passed-1a13f3621e43

Let’s jump right into the improvements that were added in this update.

New “Core Ledger” Technology

We’ve came up with a brand new “Core Ledger” technology. This new way to track object changes allows us to revert complex object changes with perfect accuracy on the Ethereum network.

We’ve revamped all of the existing widgets to utilize this new form of data storage and increased compatibility with other smart contracts. As we move into Uniswap analytics it’s important to keep the base analytics simple and reusable.

New Data Points & UX Cleanup

All widgets have received a number of updates. As we’ve been using the analytics on daily basis some clear UI/UX patterns arose. You will notice more useful data on all screens without taking up extra screen real estate.

Improved Core Metrics

The dashboard of Open Beta v2 contains the most important core metrics. Here you can see how our decentralized ecosystem is behaving on the Ethereum network.

We’ve squeezed in more core metrics and data on the dashboard so you can get an overview of all metrics on day-by-day basis. Expect more updates to the dashboard in the future!

Currently there are 10,069 FLUX mint transactions & 5,052 FLUX burn transactions. 38.28% of all minted FLUX is currently located in our Uniswap FLUX / ETH pool.

Improved Per-Address Overview

Using the new Core Ledger tech we’ve added even more data points to each address. This means you can get an instant breakdown of each address on the ecosystem. There are still more updates coming to the address page so be sure to follow for updates!

Improved FLUX minting overview

We’ve been able to use the new Core Ledger tech to get even more data for users minting FLUX. Currently 73.20% of all DAM tokens are locked-in to mint FLUX and it’s important to get an idea of various minting activities.

Currently 66.58% of all FLUX is destroyed from circulation, who is participating? Who gets 10x burn bonus? Who burned the most FLUX? All of these questions can now be answered at a quick glance.

What’s Next for Datamine?

There are still a few v2 updates to launch which include per-address charts. After that we’re planning to work on Uniswap FLUX / ETH analytics to get an idea of how our liquidity pools are performing. This is also an important step into multi-smart contract analytics.

We’re expecting v3 of Datamine DeFi Network Pro to launch by the end of this year featuring deep Uniswap FLUX / ETH analytics. Be sure to follow our Discord for dev updates!

Helpful Links

Datamine Decentralized Dashboard (For DAM & FLUX)

Knowledge Base (For DAM & FLUX)

Datamine DeFi Network Pro (Open Beta v2)

DAM / ETH Uniswap

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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.