Ditto's commitment: 50% of profits buy back the Ditto alpha token. Then we burn it.
About SN118 Ditto
Ditto's commitment: 50% of profits buy back the Ditto alpha token. Then we burn it. Build, sell, buy back, burn, repeat. Every seat, every business build and every partner deal adds to the profits that feed it. As revenue grows, the buybacks grow with it, and burned supply never comes back. That's the Ditto flywheel. Peyton made the commitment on stage at @ExploitSummit, watch the full presentation 👉 stream.vidaio.io/vod.html?talk=agenda-df3f14f0f…
Linkstream.vidaio.iostream.vidaio.io/vod.html?talk=agenda-df3f14f0fdf1c831bd53dbaac2090461SN118 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 0.005083 τ (≈ $1.43), against 5,347 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 69.65% APR (simple) and 100.67% APY (compounded), emissions add 0.000010 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.