Five buybacks between April and September removed roughly 171,000 SN51 alpha from supply.
About SN51 lium.io
Openτensor Foundaτion@opentensorFive buybacks between April and September removed roughly 171,000 SN51 alpha from supply. September’s $946K purchase was the largest, more than double August’s $365K. That brings the total to nearly $2.7M in buybacks in under six months. Maintaining the monthly billing level reported in September would put Lium above $11.5M in annual GPU rental billings.
SN51 lium.io at a glance
SN51, lium.io (α token ת), 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 0.100882 τ (≈ $25.99), against 170,730 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 34.07% APR (simple) and 40.59% APY (compounded), emissions add 0.014016 τ to the pool each block, epochs run every 360 blocks. It was registered at block #3,966,206.
More from SN51 lium.io
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.