Swarm update
About SN124 Swarm
Swarm update We’re rolling out four changes to strengthen the company and tie it to real, long-term value: - 20 TAO buyback & burn - Ongoing buyback & burn program - Real demand only: from now on, the intelligence produced on the subnet goes exclusively to paying clients - Increased allocation for stakers: more of the value we create flows back to those backing Swarm
SN124 Swarm at a glance
SN124, Swarm (α token 𑀁), 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 0.008735 τ (≈ $1.87), against 12,061 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 44.73% APR (simple) and 56.40% APY (compounded), emissions add 0.001394 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,813,454.
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More from SN124 Swarm
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.