Datamine Network Achieves $92,000 Milestone with New LOCK Token

๐Ÿ”’ Permanent Liquidity Just Dropped

By Datamine
Jul 24, 2025, 2:39 PM
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Datamine Network has reached a significant milestone with its new $LOCK token, securing over $92,000 in liquidity, with 99% permanently locked in smart contracts.​ The project introduces a novel asset class combining yield and growth through a four-token ecosystem:

  • $DAM: Foundation token on Ethereum L1
  • $FLUX: Rewards token bridging to L2
  • $ArbiFLUX: Efficiency token on Arbitrum
  • $LOCK: Stability token with permanent liquidity

The system features gamified elements through Datamine Gems, allowing users to collect rewards via an intuitive interface.​ The project has operated for five years with verifiable on-chain metrics and no traditional corporate structure.​

Learn more about Lockquidity

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MetaMask Block Caching Disrupts Real-Time GameFi

MetaMask Block Caching Disrupts Real-Time GameFi

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MetaMask Smart Accounts and ERC777 Tokens: Compatibility Guide

MetaMask Smart Accounts currently face compatibility issues with ERC777 tokens due to missing tokensReceived hook implementation. While the send() function fails, users can still perform basic transactions using the ERC20-compatible transfer() function. Key points: - Basic transfers work via ERC20 transfer() function - DEX trading remains functional - Advanced operations like bridging require EOA wallets The limitation affects specific tokens like FLUX, particularly for Layer 2 bridging and minting operations. Users should use traditional EOA wallets for these advanced functions until future wallet updates address this compatibility gap. [Read full technical details](https://dataminenetwork.medium.com/metamask-smart-accounts-and-erc777-tokens-a-tale-of-two-standards-and-how-to-bridge-the-gap-1af5eebb7fd3)

Datamine Network: 5 Years of True DeFi Innovation

Datamine Network marks its 5-year journey as a truly decentralized monetary system. Launched in June 2020, the project has evolved without traditional company structure or VC backing. Key achievements include: - Development of four integrated tokens (DAM, FLUX, ArbiFLUX, LOCK) - $58,340 in decentralized liquidity - 158 active community members - Cross-layer functionality on Ethereum and Arbitrum The project's latest innovation, LOCK (Lockquidity), creates permanent liquidity pools through token burns, with $17,000 in liquidity and 100% supply in pools. [View Liquidity Pool](https://www.defined.fi/arb/0x0c93a1d3f68a0554d37f3e7af3a1442a94405e7a)

Datamine Network Adds Break-Even Analytics Across Three Ecosystems

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Datamine Network has expanded its DeFi analytics to include break-even tracking across three ecosystems: - Lockquidity (LOCK) on Arbitrum: 0.683 years to break-even - FLUX on Ethereum: 3.783 years to break-even - ArbiFLUX on Layer 2: 1.486 years to break-even The project maintains strong fundamentals with: - 200+ active validators - >$100,000 in liquidity - Recently launched GameFi on Arbitrum Track real-time metrics at [Datamine Dashboard](https://datamine-crypto.github.io/realtime-decentralized-dashboard)

Datamine Gems Unveils Collect All Gems Feature

Datamine Gems Unveils Collect All Gems Feature

Datamine Network has launched a new 'Collect all gems' feature for its GameFi platform. The update allows users to claim rewards from multiple addresses in a single transaction, significantly reducing gas fees and improving efficiency. The feature works through an upgraded Public Market V2 smart contract that enables atomic batch burning and optimized reward distribution. Each gem represents a public market address with unminted token balance. Key benefits: - Single-click collection of multiple rewards - Reduced transaction costs - Increased monetary velocity - Enhanced user experience The update aims to strengthen the Datamine ecosystem by making participation more rewarding while maintaining decentralization.

DeFi