what do you make of the memes on Bittensor?
About SN77 Liquidity
TAO ran hard last week, and the trigger was a meme token: Buttensor, whose liquidity requires locking up TAO. Root allocations to validators are also up. The price move looks like a demand shock more than anything fundamental but it's got me thinking about where memes sit in this ecosystem. Bittensor is built around serious DeAI infra , subnets doing robotics, knowledge graphs, continuous security auditing. And yet a meme token moves the native asset more than any of the product news did. Is that a distraction, or actually a feature? Memes bring attention, liquidity, new eyes on the chain. But they also bring the exact kind of noise that makes outsiders write off the whole space. Is a meme token net good for Bittensor right now, or does it undercut the serious AI infra narrative? submitted by /u/Internal-Patience533 [link] [comments]
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SN77 Liquidity at a glance
SN77, Liquidity (α token ه), 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 0.004651 τ (≈ $1.08), against 11,304 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 33.60% APR (simple) and 39.93% APY (compounded), emissions add 0.000537 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,128,460.
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