Targon (SN4) Leads Bittensor’s Weekly Alpha Burns with Revenue from Compute Sales
About SN4 Targon
Targon used compute revenue to buy back and burn $2.1 million worth of alpha tokens, accounting for over 91% of Bittensor’s reported weekly manual alpha burns and recycles. [...] The post Targon (SN4) Leads Bittensor’s Weekly Alpha Burns with Revenue from Compute Sales appeared first on The TAO Daily.
Read the article at The TAO Daily ↗
SN4 Targon at a glance
SN4, Targon (α token δ), 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 0.057236 τ (≈ $13.63), against 141,671 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 32.05% APR (simple) and 37.78% APY (compounded), emissions add 0.007447 τ to the pool each block, epochs run every 360 blocks. It was registered at block #1,411,451.
Taosis newsletters
Taosis News: the week’s articles from the subnet teams, the press and community newsletters, every Friday. Taosis Weekly: the week’s movers, best yields and chain events, with dollar values, every Monday. Past issues
More from SN4 Targon
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.