Ditto pays other Bittensor subnets for search, storage and compute, so revenue into Ditto is spend into the ecosystem.
About SN118 Ditto
Ditto@heydittoaiDitto pays other Bittensor subnets for search, storage and compute, so revenue into Ditto is spend into the ecosystem. The rest of the plan, in Peyton's words: cover costs from revenue, then put a share of profit into buyback and lock, or buyback and burn. @SubnetSummerTAO AMA, 26 August.
SN118 Ditto at a glance
SN118, Ditto (α token ⲁ), 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 0.006230 τ (≈ $1.67), against 5,919 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 71.83% APR (simple) and 105.09% APY (compounded), emissions add 0.001443 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,724,794.
More from SN118 Ditto
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.