Rewards in Backprop Subnet and role of Validators

In Backprop Subnet, the top-level subnet emissions flows from the Bittensor chain coinbase, just like every other subnets.

First, Validators will execute the Voting Contract to count the votes and set weights to the Miners which represent the gauge. In every 12 seconds (when a block is created), the Backprop Subnet receives and distribute 41% of the emissions as incentives to the Gauges in proportion of the votes received.

The reward distribution from the gauges to the voters will only happen at the end of the weekly epoch based on the final votes.

Backprop Subnet is designed to align network priorities to distribute incentives fairly, and the next section shall explain the most integral mechanics of the subnet, which is the voting mechanism as well as the tokenomics of Backprop Subnet Token.