Lium uses revenue from GPU credit purchases to fund buybacks.
About SN51 lium.io
Openτensor Foundaτion@opentensorLium uses revenue from GPU credit purchases to fund buybacks. The team buys SN51 alpha with TAO, creating buy pressure for the subnet’s token. It then burns the acquired alpha, permanently removing those tokens from supply.
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.