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.
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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 0.019481 τ (≈ $6.40), against 24,249 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 38.26% APR (simple) and 46.60% APY (compounded), emissions add 0.003105 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,370,681.
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.