The bet with wrapped assets is there'll eventually be one chain that has everything wrapped and everybody only uses that one chain.
About SN7 Allways
Allways@allways_ioThe bet with wrapped assets is there'll eventually be one chain that has everything wrapped and everybody only uses that one chain. That will never happen, because there's too many people competing to try to become that one chain.
SN7 Allways at a glance
SN7, Allways (α token η), 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 0.002218 τ (≈ $0.56), against 5,307 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 27.54% APR (simple) and 31.70% APY (compounded), emissions add 0.000000 τ to the pool each block, epochs run every 360 blocks. It was registered at block #2,627,691.
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More from SN7 Allways
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.