How CookingTAO (SN122) Is Simplifying Subnet Mining Across Bittensor
About SN122 CookingTAO
CookingTAO (SN122) opens Bittensor mining with a 30% incentive burn, set to fall to 0% as more developers submit miner code to the platform. [...] The post How CookingTAO (SN122) Is Simplifying Subnet Mining Across Bittensor appeared first on The TAO Daily.
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SN122 CookingTAO at a glance
SN122, CookingTAO (α token ⲅ), 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 0.002633 τ (≈ $0.55), against 1,108 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 6.90% APR (simple) and 7.15% APY (compounded), emissions add 0.000000 τ to the pool each block, epochs run every 360 blocks. It was registered at block #8,238,082.
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More from SN122 CookingTAO
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.