What is Datamine (DAM) Token? Datamine is an ERC-777 based token (ERC-20 compatible). Datamine Crypto uses smart contracts to redefine DeFi by creating on-chain Supply and Demand equilibrium. FLUX tokens are generated every 15 seconds to be burned by Datamine (DAM) token holders.
On-Chain Supply and Demand Equilibrium We've launched a decentralized algorithm that rewards users for burning FLUX tokens to reduce the rate of inflation and create a predictable, balanced economy. This can be done by using our lock-to-mint smart contract.
Next-Gen Smart Contracts Utilizing the latest Ethereum ERC-777, ERC-20 compatible standard we're built to scale. Our smart contracts are fully open source, unit-tested and are built on industry-leading secure and trusted OpenZeppelin contracts.
Secure By Design All business logic is executed via Smart Contracts so your funds are safe and secure. No 3rd parties are involved in fund movement and transactions are performed on-chain. Our incentivized security pays you to stay safe!
Realtime Smart Contract Analytics* Utilizing the latest EventSource browser connection we connect you to world of Ethereum without MetaMask requirement. Datamine DeFi Network provides world's most advanced Smart Contracts analytics. *Coming soon
Built For The Community Utilizing the latest serverless, web3 and mobile technologies our Smart Contracts feel like the apps you use and love. Seamlessly switch your experience from desktop to mobile on the same secure and easy-to-use dashboard.
Positives: >They are a legit team with the lead developer having over 2 years of blockchain experience (github.com/hodlforjesus)
I'm holding this shit since last week, glad to hear is getting more attention
Andrew Sanchez
I've made $0.30 in the past 12 hours by locking 100 DAM. Not much, but once the limit is lifted and I'm able to stake my entire stack the rewards should be pretty nice.
Dylan Hughes
It will go apeshit at wednessday and thursday. Its has only been a bart curve for days but once people realize that mining Flux gives money they gonna chimp out on it.
Chase Green
same here I cannot wait till the the limit is lifted going to lock in at least 10k dam
Carson Powell
Seems quite legit and we catch it early
Dominic Reyes
Locking for 28 days will be 30x multiplier lol.
Not to mention that this platform is 2 years old and the devs are the creme de la creme when it comes to solidity so they will come up with new stuff and DAM minters will get additional stuff.
Hunter Gomez
Is this coin on any exchanges? whats a make-it stack?
i meant legit exchanges, been burned too many times by uniswap scams
Zachary Barnes
CMC listing soon, as well as, telegram official channel for more info. Devs give me a lot of confidence, they are going step by step. Not shilling, just information!!
Ayden Martin
the devs and the 2 months old discord are the main reason why people trust it I think, For me it was at least, reminded me at lot of buidl but less obscure and extravagant.
Thomas Bell
What's this about locking tokens? Can I not just HODL this shitcoin?
Jaxson Taylor
locking = hodling. You lock dam, you get Flux. Flux is the datamine ressource that this platform will make money with due to smart contract analysis and future defir projects.
Ýou lock Dam uninterupted for 28 days, you get 30x more Flux than otherwise. If you burn flux, you get rewards. It maximum staking tier.
Caleb Sullivan
How many DAM is staked/locked right now?
Henry Walker
Is there a 10% fee or something like that to lock or unlock?
Hunter Adams
Only bad thing that can happen is if people think they get too less money for locking and selling their shit.
But then again, the less people lock their flux, the more money flux is making.
So yea stakers/hodlers win with the lock.
David Rogers
nope, no direct fee, you just lose your flux when unlocking without burning or selling (you will get a warning about that so dont worry).
And you will lose your 30x Flux minting multiplier when you lock stuff up again, then you gonna have to wait 28 days again for getting it.
Samuel Hughes
the dev answers all questions at discord all the time btw, feel free to ask him yourself.
Jose Price
wow new ATH.
gratz.
Brody Jones
Reeks of pajeet in that telegram
Gabriel Clark
It doesnt even have telgram, nice try ranjesh. The dev himself said he does not want telegram cause real devs have discord and not telegram.
Nolan Roberts
Worst attempt of fud ever. There is no tg channel of the coin user
Aaron Brown
Bruh look at the broken English in the discord. 2th of June? What is that pooinloo even saying?
Wyatt Edwards
Grinding Gear Games, Path of exile had 3th of March in their announcement for the next league for days eventhough they are 250 million dollar worth of company.
It means not all that much.
Better realize that the network is 2 years old and the discord had its first chat 2 months ago. Its old, its solid, it went through the hard times of crypto and it will also succed the current time.
Dominic Morris
Ok you've passed my test.
Im putting in 22 eth as we speak
Mason Jenkins
Well if the whitepaper and the devs dont convice you its a lost anyway, no need for sarcasm.
But if a grammatical error makes you stop investing in stuff you gonna lose out on a lot of shit, not only in crypto but everywhere.
Noah Murphy
DMG website has many grammatical errors and here we are, every biztard shilling it
Jace Lopez
yeah the divs are gonna be making everyone fucking profit
Henry Kelly
Honestly, depends how many people are doing it at the same time and how good the future projects are and how much they are utilizing Flux.
There is a realistic possiblity that it will not payout if too many are doing it.
But its self regulating, the more scarce Flux is, the more its worth.
So yea there is a risk, dont be fooled about that.
