## High-Yield ArbiFLUX Burn Competition Ends Tonight The ArbiFLUX burn competition is officially drawing to a close, with the final snapshot scheduled for tonight at midnight EST. This snapshot will capture the top addresses participating in the event to verify final contributions and burn metrics. ## Unlocking the Power of Layer 2 Yield To date, community members have burned over 2,500 ArbiFLUX on the Arbitrum network. This surge in activity has driven minting APYs to historic levels, reaching between 100% and 1,300%. In the Datamine Network ecosystem, burning is utilized as a secondary monetary function. Instead of holding idle tokens, validators can destroy ArbiFLUX to permanently boost their Layer 2 minting efficiency and generate a passive, long-term yield stream. The close of this competition marks another milestone in showcasing the protocol's high-velocity decentralized tokenomics.