Isolated 24h price impulse
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versus no other trading
Explore how changing SN93 miner withholding affects emissions, chain purchases of protocol-owned alpha, nominal miner sell pressure and the isolated 24-hour alpha pool impulse. Runtime MinerBurned is the last epoch’s withheld fraction and counts both burn and recycle dispositions.
Chain alpha purchases versus nominal miner sales after the next gate-bar refresh.
120-step AMM simulation in chain order: chain alpha purchase, matched-liquidity adjustment, then assumed miner sales. Other trading is excluded.
SubnetExcessTao is recorded only after a successful swap. Purchased alpha remains protocol-owned rather than being burned. The model excludes ordinary trading, root-dividend sales, external demand, arbitrage and endogenous EMA-price feedback.