ForeverMoney SN98 Docs

OVERVIEW

What is ForeverMoney

Getting Started

Alphanomics

FOR LPs

Why Deposit

Vault Types

Risks and Protections

FOR MINERS

Miner Guide & Requirements

Registration Guide

Strategy Implementation

Scoring Deep Dive

ARCHITECTURE

System Design

API Reference

Miner compensation tied to real economic output.

Fee Model

The subnet charges a 10% fee on LP fees generated by managed vaults. The remaining 90% goes to vault owners.

Fee Usage

• Subnet development and operations
• Alpha token buyback — mechanism details to be announced

Emission Equilibrium via Dynamic Miner Burn

Bittensor dedicates 41% of alpha emissions to subnet miners. SN98 implements a dynamic miner burn mechanism to ensure miner rewards remain aligned with the real economic output of the subnet.

This incentive alignment ensures miners have direct economic exposure to subnet performance — their compensation is explicitly tied to on-chain revenue.

Parameters

• Emissions / revenue ratio — a specified ratio (e.g. 1:1), meaning for each USD worth of fees earned, miners receive 1 USD worth of alpha tokens. This ratio can be adjusted as subnet revenue grows.
• TWAP USD price of the alpha token — used to calculate how much alpha is emitted or burned
• TWAP USD price of subnet revenue — accounting for revenue earned in volatile tokens

Emissions are dynamically adjusted based on subnet revenue and the USD price of the alpha token to keep miner rewards tightly aligned with real economic output.

Miner Compensation

SN98 uses a Winner-Takes-All (WTA) compensation model. Miners deploy miner vaults to prove their strategy. Validators evaluate performance and select the best miners. Selected miners' strategies are then applied to protocol vaults. Miners earn alpha proportional to the fees generated by protocol vaults — not their own miner vaults.

What is a Job?

In practice, a miner's job consists of:

• A token pair (e.g. xTAO / USDC)
• An inventory (e.g. 10,000 USD / 50 xTAO)
• A strategy (e.g. Protocol Owned Liquidity)

Jobs generate revenue. An xTAO vault generates revenue in xTAO and USDC, while a BID vault generates revenue in BID / wBID.

Example

• Miner A deploys a miner vault for xTAO / USDC to prove their strategy
• Validators select Miner A — their strategy is applied to the xTAO / USDC protocol vault
• Protocol vault generates 1,000 USD in fees → Miner A earns 1,000 α (= 1,000 USD at current TWAP)

<aside> 📊 Miner compensation is tied to protocol vault revenue — miners prove themselves in miner vaults, but earn from protocol vaults only when selected by validators.

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