Unlock Schedule
Basilica (SN39) Token Unlock & Vesting Schedule
As of November 10, 2026, 4.57 million of the 21 million SN39 (21.75%) have been released. The schedule is ongoing, with no final release date. Over the next 12 months it releases 1.75 million SN39 (all estimated) from Subnet Alpha Network Issuance, worth about $2.77 million at today's price (36.93% of the market cap). Today's release is an estimated 4,927 SN39 from Subnet Alpha Network 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
TAO, alpha, and service credits
Bittensor’s Dynamic TAO system gives each eligible subnet an alpha asset. When TAO is staked into a subnet, the network exchanges it for that subnet’s alpha through an on-chain pool. Alpha held as stake can contribute to a validator’s stake weight, while subnet emissions provide incentives for network participants according to Bittensor’s rules. The system creates a token economy around subnet participation. (docs.learnbittensor.org)
Basilica’s documented customer payment flow uses TAO in another way. Customers can send TAO to a deposit address and receive credits in their Basilica account for cloud services. Those account credits serve the rental and deployment workflow. SN39 alpha follows Bittensor’s staking system; Basilica credits follow the service’s account system. The project’s public customer guides describe the TAO funding process and how to check credit balances. (github.com)
This distinction helps explain token utility without treating every form of participation as the same transaction. A developer renting a GPU needs access to compute and a funded service account. A person acquiring subnet alpha is taking part in Bittensor’s subnet-asset system. The purpose and accounting of each activity differ. (github.com)
Upcoming SN39 Releases
| Period | Allocation | Type | Amount | Value | % of supply |
|---|---|---|---|---|---|
| Nov 10 – 30, 2026 | Subnet Alpha Network Issuance | Issuance, estimated | 103.5K | $163.3K | 0.49% |
| Dec 2026 | Subnet Alpha Network Issuance | Issuance, estimated | 152.7K | $241.1K | 0.73% |
| Jan 2027 | Subnet Alpha Network Issuance | Issuance, estimated | 152.7K | $241.1K | 0.73% |
| Feb 2027 | Subnet Alpha Network Issuance | Issuance, estimated | 138K | $217.7K | 0.66% |
| Mar 2027 | Subnet Alpha Network Issuance | Issuance, estimated | 152.7K | $241.1K | 0.73% |
| Apr 2027 | Subnet Alpha Network Issuance | Issuance, estimated | 147.8K | $233.3K | 0.70% |
| Total, next 12 months | 1.8M | $2.8M | 8.35% | ||
Values at $1.58 per SN39 (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
Basilica’s SN39 alpha supply grows through network emissions into the subnet pool and rewards for participants. The chart connects a pre-launch zero baseline to four supplied net-supply figures, reaching 4,567,358 tokens on September 26, 2026; the intervening monthly amounts are estimates, not measured releases. The early issuance history, cumulative burns and total supply on September 30 remain unverified, so the chart cannot be reconciled to a research-date on-chain total.
- Subnet Alpha Network Issuance: New issuance depends on network activity, such as staking, so it cannot be dated in advance.
- 1. https://www.basilica.ai/
- 2. https://taostats.io/docs/concepts/tokenomics
- 3. https://taostats.io/docs/concepts/how-emission-works/alpha-emission
- 4. https://taostats.io/docs/concepts/how-emission-works/split-alpha-out
- 5. https://taostats.io/docs/concepts/tokenomics/halving
- 6. https://taostats.io/docs/concepts/chain-runtime/miner-collateral
- 7. https://taostats.io/docs/api-reference/subnet/get-subnet-metadata
- 8. https://www.bittensor.com/docs/concepts/emissions
- 9. https://taostats.io/docs/concepts/subnets/subnet-pools
- 10. https://taostats.io/docs/concepts/tokenomics/recycling
- 11. https://taostats.io/docs/concepts/tokenomics/burning
- 12. https://www.coingecko.com/
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) | 10K | 159K/158K |
Allocations
Estimated from the last observation onward: about 4,927 per day (149,963 per month), the rate between the observations of 16 May 2026 and 26 September 2026.
Description
#1422
Basilica is a decentralized marketplace for buying and selling high-performance GPU computing power, built on the Bittensor network, allowing users to offer and use GPU resources without needing to trust a central authority.
| 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) | 10K | 159K/158K |