Bittensor buybacks: I like the burn. Show me the business.
About SN93 Bitcast
Lily Venice examines Bittensor subnet buybacks, Lium's revenue claims and Bitcast's dashboard, asking how burns should compete with reinvestment.
Read the article at Tao Outsider ↗
SN93 Bitcast at a glance
SN93, Bitcast (α token ᚃ), is one of the independent markets on the Bittensor network, each with its own α token and its own price. Its α currently trades at 0.014193 τ (≈ $3.13), against 21,489 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 35.13% APR (simple) and 42.09% APY (compounded), emissions add 0.002143 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,370,681.
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More from SN93 Bitcast
Taosis indexes announcements, articles, posts and releases about Bittensor subnets from their own channels and keeps a record of each. The text above is the source’s; the figures are read from the chain by Taosis.