Two weeks ago, we executed a 240 $TAO buyback, bringing our total buybacks to 340 $TAO so far.
About SN78 Umi
Two weeks ago, we executed a 240 $TAO buyback, bringing our total buybacks to 340 $TAO so far. We're now planning to spread a 2,000 $TAO team buyback across the rest of the year, through the end of 2026. Still zero owner profit taken from emissions. Still reinvesting in development. Still building.
Quoted post
We said alignment should be visible. So we’re making it visible again. Today, the UMI owner team @bittensormax & @knakamor personally purchased another 100 $TAO worth of @umi_sn78 alpha. 340 $TAO personally bought over the last 15 days. Still zero owner profit taken from emissions. Still reinvesting in development. Still building. Same mission. More momentum. UMI / SN78 Bittensor From motion to meaning.
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.