Total revenue
$116,901.31
Generated in fees
Subnet Revenue
Fees in, alpha out
The Almanac terminal charges a 1% fee on winning trades and uses that revenue to buyback SN41 α. Monthly totals are from the public accumulation wallets.
SN41 buybacks
$116,901.31
515.93 τ · 91,316.4 α
Burns
78,753.4 α
Removed from supply
Buyback ratio
100.0%
of recorded revenue
Monthly revenue vs buybacks + burns
Monthly audit
| Date | Revenue | Buybacks | α bought | Burns | Wallet |
|---|---|---|---|---|---|
| 16 Sep 2026 | $24,771.00 | $24,771.00 · 114.99 τ | 22,284.5 α | 22,284.5 α | 5Gbrdj…kb1E |
| 8 Sep 2026 | $15,918.01 | $15,918.01 · 59.41 τ | 12,562.9 α | — | 5EyNX6…eQs2 |
| Aug 2026 | $15,276.73 | $15,276.73 · 79.84 τ | 15,670.8 α | 15,670.8 α | 5Gbrdj…kb1E |
| Jul 2026 | $23,001.04 | $23,001.04 · 112.13 τ | 16,372.4 α | 16,372.4 α | 5Gbrdj…kb1E |
| Jun 2026 | $5,748.83 | $5,748.83 · 25.47 τ | 3,797.2 α | 3,797.2 α | 5Gbrdj…kb1E |
| May 2026 | $16,618.20 | $16,618.20 · 58.52 τ | 9,948.8 α | 9,948.8 α | 5Gbrdj…kb1E |
| Apr 2026 | $5,873.41 | $5,873.41 · 22.01 τ | 3,994.1 α | 3,994.1 α | 5Gbrdj…kb1E |
| Mar 2026 | $8,204.40 | $8,204.40 · 35.14 τ | 5,568.4 α | 5,568.4 α | 5Gbrdj…kb1E |
| Feb 2026 | $1,489.69 | $1,489.69 · 8.43 τ | 1,117.4 α | 1,117.4 α | 5Gbrdj…kb1E |
| Total | $116,901.31 | $116,901.31 · 515.93 τ | 91,316.4 α | 78,753.4 α |
Accumulation wallet5GbrdjysexrMSDfEhMocgEPmpYUajd4GHRjhw2ubWDtLkb1E
Current buyback wallet5EyNX631F6uVCyQJF9dfWkniCuHz5fb96bDcDcF4rM6geQs2
The chart is monthly. The table lists each buyback separately (earlier months were dripped throughout, so they stay as one row). Last compiled 2026-09-16. Revenue currently tracks buyback USD because there is no separate fee feed yet. Burns count α that left the original accumulation wallet without an undelegate. The 8 Sep clip is still held on the current wallet; the 16 Sep clip was burned.
Miner Emissions Coverage
How much of miner emissions we cover
SN41’s miner emission slot is offset two ways: the incentive mechanism burns unused capacity by sending weights to UID 210, and terminal fees buy α on the open market and burn it. Coverage is both, divided by miner emissions over the same days.
This month
of miner emissions · 1–17 Sep 2026
52.4%
100%
Total cumulative
78.6%
UID 210 + buybacks · 23 Feb – 17 Sep 2026
Buyback cumulative
12.9%
of miner emissions
Emissions burn cumulative
65.6%
Incentive mechanism burns
Coverage by month
The miner slot is about 2,952 α per day. UID 210 is the burn UID in the incentive mechanism; that share is 0% on recent days as market volume has filled miner work. Buyback coverage counts α bought on the accumulation wallet on the day of the buy — that α later left supply. Still-held clips on the current wallet are not counted until they are burned. Latest burn Sep 16: 2,966.1 α · block 9,080,804 · 9080804-0011 ↗