On-chain data reveals a single bot is capturing nearly 100% of rewards in Datamine Network's ecosystem game, exposing a challenge for the community to address.
Key metrics from 5 years of DeFi operations:
- $FLUX inflation currently at 40%
- $49,000 in decentralized liquidity split across the ecosystem
- Holding LP tokens for $LOCK may outperform holding the token directly due to 1% swap fees
Recent achievements:
- $LOCK inflation dropped from 700% to 100% in one year through automated on-chain mechanisms
- 96% of $LOCK supply locked in liquidity pools, with only 4% circulating
- Over $100k in Ethereum-backed liquidity
The data is publicly available for verification. Watch the breakdown
馃敟 Is the market broken? Our on-chain data confirms that right now, a single bot is farming nearly 100% of the rewards in our ecosystem game. 馃 The opportunity to challenge the code is staring everyone in the face. See the data for yourself in our new video:
馃敟 While the rest of the market battles "sticky" inflation, we just achieved the impossible. $LOCK inflation crashed from 700% to 100% in exactly one year鈥攆ully automated and on-chain! 馃搲 Watch the full breakdown here 馃憞 youtu.be/cGPre0ChUBk Here is the wildest metric in
DAM Token Shows Unusual Market Dynamics with Low Liquidity
The $DAM token is displaying unusual on-chain metrics that challenge typical market expectations. **Key Metrics:** - Market cap: ~$1,000,000 - Liquidity: ~$26,000 - Whale holdings: ~30% of supply - Supply locked: 78% (minting $FLUX) **Notable Finding:** LP fees (1%) are currently outperforming the 3% staking APY, suggesting active trading despite limited liquidity. The combination of low liquidity and high demand creates significant volatility opportunities for traders. This situation particularly affects $FLUX and $LOCK token holders. [Watch full breakdown](https://youtu.be/1AYtKF6Xg4Q)
DeFi Project Tackles 5 Years of Technical Debt Using AI Assistance
A DeFi project successfully migrated 89 unit tests to Hardhat v3 and addressed years of smart contract technical debt using AI assistance during recent market volatility. **Key developments:** - Completed major technical upgrade while ETH dropped 30% - AI tools helped accelerate development process significantly - Migrated entire test suite to new framework **Technical focus:** - Doubling down on ERC777 token standard for $FLUX and $LOCK - ERC777 enables single-transaction hooks unavailable in standard ERC20 - Allows for immutable decentralization with zero admin keys **Project stability:** - Maintains over $100,000 in ETH-backed liquidity - Focus on long-term building despite market conditions - [Technical update video](https://youtu.be/bTmzBa9iNNw) available The project emphasizes building for the decade rather than short-term market movements.
Datamine Network Completes Hardhat v3 Migration While Defending ERC777 Token Standard
**Datamine Network** successfully migrated their smart contract testing suite to **Hardhat v3**, requiring upgrades to Node.js 22, ESM modules, and ESLint v9 flat config. Despite industry abandonment, they're **defending ERC777** over ERC20 for its superior user experience: - **Single-transaction interactions** via hooks (tokensToSend/tokensReceived) - **No approve-then-transfer** friction - users send tokens directly to contracts - Powers their **Lockquidity mechanism** where users lock DAM tokens to mint FLUX in one action **Key challenges solved:** - Built custom Hardhat plugin for ERC1820 Registry deployment - Implemented rigorous **re-entrancy attack testing** to prove security - Used proper mutexes and checks-effects-interactions patterns **Why ERC777 was abandoned:** OpenZeppelin removed support due to complexity and re-entrancy risks. However, Datamine argues the industry gave up too quickly on a powerful standard. The migration resulted in a **faster, cleaner, future-proof codebase** while maintaining advanced token functionality that ERC20 cannot match. [Learn more about Datamine Network](https://datamine.network/)
Datamine Network Introduces Yield Function - Money That Generates Its Own Returns
**The Problem: Money Is Static** Traditional money fails as a store of value due to inflation. A $100 basket of goods from 2000 now costs $192, with current inflation at 3.0% annually. This forces people into risky yield-seeking through banks, stocks, or protocols. **The Solution: Built-in Yield Function** Datamine Network introduces the **Yield Function** - a fourth monetary function that transforms static assets into perpetual generators of future supply. **How It Works:** - Open market generates new token supply over time - Users can "burn" existing tokens (irreversible conversion) - Burning grants permanent proportional share of all future tokens **Key Features:** - Mathematical certainty built into code - No third-party risk - Transparent, decentralized yield market - 95% of LOCK value locked in permanent ETH-backed liquidity After 5 years of development, this system demonstrates how money can evolve to generate yield itself, eliminating dependence on banks or brokers. [Explore the ecosystem](https://datamine.network)