We reduced our owner take to 0%, now we're locking up our remaining owner emissions, 340,000 alpha ($2.7M) on SN8. That brings our total to ~$7.7M of alpha locked perpetually.

Vanta Trading now has the lowest eval fees (20% off right now) with static EOD drawdown and balance-based intraday dd with more pairs, deeper liquidity, and scaling up to $1M. If that's not enough checkout our instant funded. Hard to beat.

That’s now more than $130K in buybacks from @VantaTrading to SN8 in October, all of which has been locked or burned. With owner emissions removed, our goal is to match miner emissions with real demand. So far in October, we’ve burned an amount equal to 17.8% of all expected miner emissions across all miners. We'll see how we end the month.

Goodbye owner emissions, and thank you for the support. We've moved to 0% owner, 50% validator, 50% miner splits. We believe removing owner emissions is part of a subnet’s maturation. Once you’ve built a stable & fair incentive mechanism, you can compete within it yourself. That’s where we are with SN8. Anyone can provide trading intelligence to the network through an individual miner or an entity miner. We’ll compete by running an entity miner, and we see that as our future. Individual miners earn alpha for the PnL they contribute to the network. Entity miners, including prop firms, earn through profit splits with the traders they fund, with the shared goal of producing the network’s best risk-adjusted PnL. We’ll keep building SN8 without owner emissions. APY from our existing holdings will fund subnet features and improvements. We’ll rely on mining emissions and Vanta Trading’s ability to compete to fund our continued growth on VT. As we have in the past, we’ll use specific wallets for Vanta Trading sales and any owner emissions, so the associated spending is easy to track. Our goal is to grow the network to thousands of miners. We built SN8 to be more than a network where we’re the main competitor. There are many individual miners and entities already running on the network. With Null Consensus, we want to grow that exponentially. More miners will be able to join with the right rails, making it simpler to get started: USDC in, miner running. As more miners join, we expect more network weight to flow to miners, bringing more trading intelligence and creating more capacity to meet demand for funding. That demand can generate further revenue for the subnet through copy trading. We see this as the natural progression of a subnet, and believe SN8 is ready to begin that transition. It may take time, and there may be hiccups along the way. Our expectation is that, gradually, miners will receive 100% of the network’s weight. We’re starting that transition by moving our own owner to provide a bigger split to miners & our holders.