## Record Burns and High Yield Performance The community has successfully completed the ArbiFLUX burn competition, resulting in $40,000 worth of tokens burned. This event highlighted the protocol's unique yield mechanics, which scale rewards proportionally to the amount of tokens burned. During the competition, the base (1X) Burn APY reached an impressive 126%, while the 10X Burn APY scaled up to 1,264%, showcasing the high efficiency of this deflationary model. ## Strong Ecosystem Backing and Active Minting The competition concluded with 67 active mints running concurrently. Currently, ArbiFLUX minting is securely backed by 476,000 locked FLUX tokens on Layer 2, valued at approximately $300,000. Five top participants split the $3,000 USDC prize pool, with the first-place address receiving $1,000 USDC. ## What is Next for Datamine Network With this burn competition wrapped up, the Datamine Network continues to optimize its decentralized monetary policy on Arbitrum. Users should stay tuned for the upcoming ArbiFLUX Liquidity Cap Competition, which will further incentivize market stability and permanent liquidity growth across the network.