sn118 tokenomics update: new eTAO ratios are on-chain (18% owner / 49% validators / 33% miners) and the miner burn is now 0%.
About SN118 Ditto
Ditto@heydittoaisn118 tokenomics update: new eTAO ratios are on-chain (18% owner / 49% validators / 33% miners) and the miner burn is now 0%. alpha stakers' share of emissions is up ~25%, and outside miners take home ~29% more per day. With miner burn at 0 we'll get our full tao emissions.
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 0.004057 τ (≈ $0.94), against 4,779 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 64.73% APR (simple) and 91.04% APY (compounded), emissions add 0.000391 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,724,794.
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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.