Datamine

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)

**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](https://youtu.be/4Y6f96iuxI4)

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** 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/)

**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)

**The crypto space faces a liquidity crisis** as AI and platforms like pump.fun create thousands of new tokens daily, drowning the market in what's being called "AI slop." **Key insights:** - 99% of new projects will fail due to liquidity shortage, not hype - Market cap is misleading - **liquidity is the only metric that matters** - Most tokens have inflated market caps but minimal actual trading liquidity **Real liquidity examples:** - **$LOCK**: 95% of supply in liquidity pool - **$FLUX**: 50% of supply in liquidity - **$DAM**: Only 8% liquidity (causing 100% daily volatility) **The future ranking system** will be based on verifiable, on-chain liquidity rather than easily manipulated market caps. Projects built with liquidity-first approaches are positioned to survive the coming "great liquidity crunch." **Watch the analysis:** [Learn the one metric that matters](https://youtu.be/Vq9ojFMMNWk) Price charts can lie, but liquidity reveals the truth about a project's real value and sustainability.

A DeFi builder reflects on **5 years of building Datamine Network**, sharing key lessons learned over 2000 days. The project achieved **$125,000 in liquidity** - not market cap or VC funding, but real on-chain value that enables actual trading. **Five core principles emerged:** - **Work backwards** from your ultimate vision - **Solve real problems** instead of copying others - **Decentralize everything** - burn the keys - **Build strong community** to sustain the system - **Focus on liquidity** as the only metric that matters The builder emphasizes that **liquidity is proof-of-work** for an entire community. Unlike inflated market caps, it represents real value that can't be faked. Datamine Network tackles **inflation** by creating a wealth-preserving system. The core contracts are deployed on Ethereum with **burned keys**, making them truly ownerless and permanent. The community now provides the liquidity and runs the network independently. This $125,000 milestone proves the foundation is solid, but the journey continues. [Learn more about Datamine Network](https://datamine.network)

**Datamine Network** has launched **HODL Clicker Rush**, a new GameFi experience built on their Liquidity Game Engine. **Key Features:** - **No tokens required** - Anyone on Arbitrum can play instantly with just ETH for gas fees - **Instant Jackpot system** - Click gems to win prizes, with first win automatically entering you into staking - **Passive earning layer** - Jackpot winnings become stakes that earn rewards 24/7 - **Community rewards** - Players earn proportional shares of all gem rewards based on their stake **How it works:** - Screen fills with growing gems representing rewards - First player to click and mine transaction wins entire jackpot - Winnings automatically enter staking pool for passive income - 100% of gem collection fees distributed to all stakers **Security & Testing:** The smart contract includes **83 unit tests** covering all functions and edge cases, making it their most robust contract to date. The game aims to maximize validator rewards by creating an active community that compounds yields through gameplay. [**Play now**](https://datamine-crypto.github.io/realtime-decentralized-dashboard/#gamefi-hodlclicker) - no special tokens needed, just connect your wallet.

**MetaMask's new block caching feature is disrupting real-time GameFi experiences** across decentralized applications. **Current Impact:** - Real-time gaming applications experiencing latency issues - New block warning system implemented to alert users - Temporary workaround: keep MetaMask extension popup visible **Key Milestone:** - **300,000+ transactions** completed on Arbitrum L2 - Demonstrates growing adoption of DeFi + Gaming integration **Looking Forward:** - Developers hope MetaMask's caching is temporary - New features in development - Real-time GameFi positioned as the future of blockchain gaming The issue highlights the challenges of maintaining seamless user experiences as wallet providers implement new optimization features.

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)