We wanted to report what the first 24 hours of what a multi-chain subnet looks like and after almost zero discovery how much we have…
About SN78 Umi
umi subnet@umi_sn78We wanted to report what the first 24 hours of what a multi-chain subnet looks like and after almost zero discovery how much we have already grown. Now imagine the snowball that’s building! In the first day after opening $SN78 on Base. Robinhood expected in 24 hours. + $40.5K added liquidity + $7.9K added 24h volume + 129 unique swaps on base + 105 buys vs 24 sells on base LP fees already being collected on-chain which buys back more SN78 alpha, and deepens our pool even further, daily! Finney is still the main book. $946K liquidity $827K 24h volume 1,539 holders Base didn’t replace it. It added a second door. Same alpha. More access. More liquidity. More distribution. Robinhood Chain is next. With that even more RH liquidity. $SN78 UMI $TAO
SN78 Umi at a glance
SN78, Umi (α token و), 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 0.003746 τ (≈ $1.18), against 1,451 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 91.24% APR (simple) and 149.02% APY (compounded), emissions add 0.000102 τ to the pool each block, epochs run every 360 blocks. It was registered at block #7,966,145.
More from SN78 Umi
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.