Unlock Schedule
affine (SN120) Token Unlock & Vesting Schedule
As of November 10, 2026, 4.44 million of the 21 million SN120 (21.12%) have been released. The schedule is ongoing, with no final release date. Over the next 12 months it releases 2.41 million SN120 (all estimated) from Observed aggregate SN120 alpha issuance, worth about $22.84 million at today's price (53.74% of the market cap). Today's release is an estimated 6,763 SN120 from Observed aggregate SN120 alpha issuance.
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
How the subnet token fits in
SN120’s alpha token is part of Bittensor’s Dynamic TAO system. Each subnet has a pool connecting its alpha token with TAO. Staking TAO into a subnet swaps it for that subnet’s alpha, which is credited to a stake position. Removing stake reverses the process through the pool. Alpha held in subnet 120 is therefore distinct from both TAO and the alpha tokens of other subnets. (docs.learnbittensor.org)
The token’s main economic roles are subnet staking and participation in Bittensor’s emissions system. Stakers delegate through validators, while miners compete to earn the rewards assigned to model-building work. Affine’s own rules determine which winning miner hotkeys receive the weights used for its portion of those rewards. (docs.learnbittensor.org)
Affine pays each crown for up to 72 hours after it wins. If several crowns fall within that window, their registered hotkeys receive equal shares of the miner payout weight. A crown can remain the reigning king after its payout window ends, but its earlier win no longer earns under that rule. When there is no eligible crown, the miner emission is burned. This design connects rewards to repeated model improvements, not only to holding the top position indefinitely. (affine.io)
Upcoming SN120 Releases
| Period | Allocation | Type | Amount | Value | % of supply |
|---|---|---|---|---|---|
| Nov 10 – 30, 2026 | Observed aggregate SN120 alpha issuance | Issuance, estimated | 142K | $1.3M | 0.68% |
| Dec 2026 | Observed aggregate SN120 alpha issuance | Issuance, estimated | 209.7K | $2M | 1.00% |
| Jan 2027 | Observed aggregate SN120 alpha issuance | Issuance, estimated | 209.7K | $2M | 1.00% |
| Feb 2027 | Observed aggregate SN120 alpha issuance | Issuance, estimated | 189.4K | $1.8M | 0.90% |
| Mar 2027 | Observed aggregate SN120 alpha issuance | Issuance, estimated | 209.7K | $2M | 1.00% |
| Apr 2027 | Observed aggregate SN120 alpha issuance | Issuance, estimated | 202.9K | $1.9M | 0.97% |
| Total, next 12 months | 2.4M | $22.8M | 11.46% | ||
Values at $9.48 per SN120 (November 10, 2026), today's price, not a forecast. Releases continue after October 2027. Estimated amounts are modeled from the schedule's rules rather than dated by a source; see the Assumptions below. Releases without dates are listed under Allocations.
Assumptions
Affine's SN120 alpha enters supply through a pool seed at registration, later pool injections and rewards for network participants, under a 21 million-token maximum. The seed and the two ongoing streams have no verified SN120-specific amount-by-date breakdown. The chart estimates the path between launch and sourced aggregate explorer balances through October 10, 2026; its monthly values before those balances are not observed mints. Future issuance and a contemporaneous net supply after burns remain unresolved.
- Observed aggregate SN120 alpha issuance: Emission continues with no published future rate or end date.
- Initial subnet-pool seed: Timing not yet established.
- Network participant emissions: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- Ongoing subnet-pool liquidity emissions: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- 1. https://www.bittensor.com/docs/concepts/emissions
- 2. https://www.bittensor.com/dtao-whitepaper
- 3. https://bittensor.ai/subnets/120
- 4. https://taostats.io/docs/concepts/subnets/subnet-pools
- 5. https://taostats.io/docs/concepts/subnets/subnet-registration
- 6. https://taostats.io/docs/concepts/tokenomics/burning
- 7. https://www.tao.app/subnet/120
- 8. https://github.com/AffineFoundation/affine
- 9. https://taosis.com/subnets/120/guide
- 10. https://taosis.com/subnets/120
- 11. https://taosis.com/definitions
- 12. https://www.tao.bot/subnets/120/tokenomics
- 13. https://taostats.io/docs/concepts/tokenomics/tokenomics
- 14. https://taostats.io/docs/api-reference/subnet/get-pool-history
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
 Subnet Tokens (DEX) | 232K | 678K/676K |
Allocations
Estimated from the last observation onward: about 6,763 per day (205,849 per month), the rate between the observations of 8 October 2026 and 10 October 2026.
Description
#486
Affine is a decentralized system that rewards users for making incremental improvements to machine learning models, focusing on tasks like programming and reasoning; it uses reinforcement learning environments and validators to maintain model quality and fairness.
| Sector: | AI & Compute |
| Blockchain: | Bittensor |
Tokenomics Overview
Market Data
Tile coloring: Green indicates positive changes, red indicates negative changes, and neutral indicates no significant trend or unavailable data.
Subnet Tokens (DEX) | 232K | 678K/676K |