Think about this:
About SN8 Vanta
Vanta Trading@VantaTradingThink about this: - Take Vanta's classic challenge - Pass and start earning rewards - Rewards paid in tokens - Revenue from Vanta goes back to the token You earn real rewards AND a stake in our decentralized ecosystem. That's a flywheel, all built around trader success 🚀 (Also, if you want rewards in USD or USDC, that's your choice too!)
Quoting @0xarrash
Received my first alpha token payout from @VantaTrading. All of my payouts are trackable here: taostats.io/account/5EUkfavMvLF5vCnpB1NFQz3UXjJ… Inside Vanta Trading, every trader can choose to take their rewards in alpha, Vanta’s native token. Under the hood, Vanta Network powers everything as a decentralized network with on-chain token payouts. In order to register traders, Vanta Trading has to pay the network in alpha, which is locked in contracts and burned. My payouts will be recycled and locked in these same contracts. As we continue ramping up live trading, which is already underway, revenue will go back to the token as well.
SN8 Vanta at a glance
SN8, Vanta (α token θ), 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 0.035454 τ (≈ $7.83), against 91,229 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 45.37% APR (simple) and 57.41% APY (compounded), emissions add 0.004675 τ to the pool each block, epochs run every 360 blocks. It was registered at block #1,477,264.
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More from SN8 Vanta
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.