SayGM SN28 reports a 20.3% offset of miner emissions
About SN28 SayGM
SayGM reports $104,372 of alpha burned against $514,686 in miner emissions for its second cycle. What Bittensor SN28's coverage figure measures.
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SN28 SayGM at a glance
SN28, SayGM (α token ד), 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 0.034139 τ (≈ $9.16), against 29,231 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 25.27% APR (simple) and 28.75% APY (compounded), emissions add 0.004562 τ to the pool each block, epochs run every 360 blocks. It was registered at block #4,878,363.
More from SN28 SayGM
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.