SWARM quarterly update to stakeholders.
About SN124 Swarm
Swarm@SwarmSubnetSWARM quarterly update to stakeholders. A year ago, SWARM started with a thesis: open competition on Bittensor builds better autonomy than a closed lab, and a physical lab turns that autonomy into products people pay for. The thesis now has customers. Two contracts signed in two months. Time to lock in. 🧵
SN124 Swarm at a glance
SN124, Swarm (α token 𑀁), 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 0.008459 τ (≈ $1.88), against 11,864 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 37.13% APR (simple) and 44.96% APY (compounded), emissions add 0.001350 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,813,454.
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More from SN124 Swarm
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.