Emissions: Root vs. Alpha Stake
In the Bittensor ecosystem, holders of tao may stake to a validator in a subnet. This takes on two flavors:
- Root stake : Staking to a validator in subnet 0, the root subnet.
- Alpha Stake: Staking to a validator in a subnet, exchanging your tao for alpha token.
Each epoch, the emissions to each validator on a (non root) subnet will be split into root and alpha proportions using the root_proportion
value.
How we got here:
Calculating root proportion
`Root proportion uses 3 values:
- tao issued: The circulating supply of tao.
- alpha issued: The sum of
alpha_in
andalpha_out
(all alpha emitted) - Tao_weight: a variable set by the chain. The current
tao_weight
is 0.18.
Root proportion will change every block, as the tao and alpha values will have increased (by 1 and 2 respectively). The results can be charted over time:
The chart will vary on the amount of tao available at the moment the subnet is created. The above chart shows day 0 = 9 million tao.
On day 0 of the subnet, 100% of emission will go to root stakeholders.
50% root: 50% alpha is met at approximately day 124.
In this second chart, the yellow/green subnet is created 100 days after the blue/red subnet (9,720,000 tao, and 0 alpha for the 2nd subnet):
50% proportion is reached at day 136 of the subnet.
Next steps
Updated 6 days ago