HareCrypta
7.2K posts
HareCrypta
@harecrypta
Open cryptocurrency community by founder @Rencrypta @Harma__ NFT https://t.co/cOfHTDJsgF https://t.co/aiM0uyq7oZ
Joined Haziran 2022
253 Following7.1K Followers
SN97 just got a lot more investable.
The shift from the old Constantinople-style narrative into Distil matters not just for the story it matters for the alpha token too.
Why?
Because alpha does not reprice off vibes alone.
It reprices when a subnet becomes easier for the market to understand, easier to evaluate, and more likely to attract fresh $TAO inflows.
And that is exactly what just changed.
Old SN97 was interesting, but broad:
▪️agents
▪️inference
▪️subnet ownership
▪️AI primitive narrative
New SN97 (Distil) is much sharper:
▪️one clear use case
▪️one clear contest
▪️one clear scoring rule
▪️one live leaderboard
▪️one visible validation pipeline
Miners now compete to distill Qwen3.5-35B into smaller models.
Validators score them by full-distribution KL divergence on GPU.
Best model wins emissions.
That clarity matters for price.
Because in Bittensor, alpha price is not just a token chart.
It is downstream from:
▪️subnet demand
▪️TAO flowing into the pool
▪️emissions
So if Distil makes SN97 feel more real, more competitive, and more credible.
…it becomes easier for new capital to justify buying the alpha.
And with a thin subnet, that matters a lot.
The bullish part is simple:
SN97 stopped being a vague AI story and became a live market for model compression.
▪️the narrative is stronger
▪️the mechanics are clearer
▪️the GitHub is public
▪️the product is live
▪️and the market has a better reason to allocate TAO into it
The risk is just as obvious and this is now a much more brutal system.
▪️winner-take-all emissions
▪️one permanent submission per hotkey
▪️harsher participation model
If inflows continue, the market now has a much cleaner reason to reprice it.
$TAO $SN97
Arbos@arbos_born
Building Distil, a winner-take-all market for model distillation on Bittensor (SN97). Miners compete to compress Qwen3.5-35B (35B params, 3B active) into 5.25B or less. Scored on full-distribution KL divergence across all 248K tokens. No cherry-picked benchmarks. Best distiller takes all emissions. Code is open. github.com/unarbos/distil distil.arbos.life
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There are no decision...
I created a Discord ticket three times regarding this issue, in order to withdraw money from Hyperliquid.
I was banned three times for this question and kicked from Discord after the standard response that my wallet is classified as high-risk. That's the extent of Hyperliquid's decentralization.
The solution here if money is stuck is to use a different frontend.
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I just got banned from @HyperliquidX ?? 😭😭
My main wallet was suddenly flagged as “high risk” by a third-party screening tool, and I can no longer connect to the Hyperliquid frontend
I genuinely do not understand this decision, especially because it is happening now.
Over the past two months, I had actually been much less active than usual because I was busy with other things and had taken a partial break from trading.
I have been trading on Hyperliquid organically for months, usually once or twice a week, and I have been a real supporter of the ecosystem from early on. I am not posting this to attack Hyperliquid, because I still believe the team has built something exceptional.
What I do find concerning is how cases like this are handled. I reached out on Discord to understand what happened, and instead of being able to explain myself or get any clarity, I was timed out for a week.
I honestly do not believe I did anything wrong. This wallet has been mine for more than 4 to 5 years, and I have never been flagged or reported for suspicious activity on any airdrop or any platform I have ever used.
This was also my main address on Hyperliquid, the one where I did most of my activity, with around $750,000 in total volume since the beginning. I know that may be negligible compared with some bigger traders, but it was still my primary account and an important part of my activity on the platform.
I will keep trading on Hyperliquid using secondary addresses, because I still support the product, but the lack of transparency and the inability to defend yourself when flagged is genuinely harmful for users.
All I am asking for is clarity, a fair review process, and the ability to understand what supposedly triggered this.
If anyone can help me, or share any useful information that could help me resolve this situation, I would be immensely grateful !
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HareCrypta retweeted
HareCrypta retweeted
$BTC = the money layer. "The game has ended."
Played its role as the first entry into crypto, money through Bitcoin entered crypto,
$ETH = the application layer. DeFi, NFTs, smart contracts.
The saturation is already quite high, but people have been dreaming about price $10k for 8 years now.
$TAO Bittensor = the intelligence layer. The one nobody's tapped yet.
One person is no warrior, it's a team game 👇
Jesus Martinez@JesusMartinez
Jason Calacanis invested in Uber at a $5 million valuation. Today Uber is worth $145 billion. That $25,000 check turned into $100 million. Now he's calling 200x on Bittensor. Here's his full thesis. @Jason isn't some crypto influencer. He's one of the most successful angel investors in Silicon Valley history. Host of This Week in Startups. Co-host of All-In. And he's never been a Bitcoin bull. In fact, he's been a vocal critic for years. But he just put deep six figures on TAO. His exact words: "I think the game of Bitcoin has ended. TAO is the better Bitcoin." His framework is simple. Three layers of crypto. • Bitcoin = the money layer. "The game has ended." • Ethereum = the application layer. DeFi, NFTs, smart contracts. • Bittensor = the intelligence layer. The one nobody's tapped yet. His target: $500 billion market cap. 200x from today's $2.5 billion. Timeline: 5 to 10 years. He's not alone. He's a consulting partner at Stillcore Capital. A US fund built exclusively around Bittensor. Their stated goal is to own 1% of the entire circulating TAO supply. First stage target: $25 to $50 million. @markjeffrey, Stillcore partner, said once the first subnet crosses $1 billion, root stakers will flood into subnets. Even with zero new TAO bought, subnets could 3 to 4x from internal rotation alone. @rob_svrn, another Stillcore partner, is targeting $1 trillion by 2030. The data is moving fast. • TAO rallied 160% in 6 weeks during a bear market • First halving happened December 2025. Emissions cut from 7,200 to 3,600 TAO per day • Subnet staking went from $74,000 to $620 million in 12 months • 128 active subnets competing for emissions. Expansion to 256 planned • Chutes (Subnet 64) running 5M+ requests per day. 400K users. 85% cheaper than AWS And then NVIDIA's CEO got involved. Jensen Huang discussed Bittensor's Covenant-72B model on the All-In podcast. Called decentralized AI training "a pretty crazy technical accomplishment." A 72 billion parameter model trained by 70+ contributors on regular internet hardware. No data center. No billion dollar GPU cluster. Just people contributing compute and getting rewarded. That was thought to be impossible before March 10th. Bittensor has the same max supply as Bitcoin. 21 million. Same halving cycle. But instead of securing transactions, the compute trains AI models. The output is intelligence, not just security. The guy who made 4,000x on Uber thinks 200x is the floor. Bitcoin was money. Ethereum was apps. Bittensor is intelligence.
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Most crypto projects launch a token like they’re opening a shop in the middle of an empty field.
❌ No traffic.
❌ No liquidity.
❌ No built-in demand.
❌ No real economy around it.
So they spend the next year pretending the token has utility.
A subnet inside $TAO is different.
It’s like opening a shop inside a busy mall.
✅ The people are already there.
✅ The capital is already there.
✅ The staking is already there.
✅ The market is already there.
For projects, that means:
less time inventing fake token utility
more time proving the subnet is actually useful
For users, that means:
not just buying another random token
but entering a live economy where capital rotates toward stronger subnets
That’s the big difference.
A standalone token starts with a dream.
A TAO subnet starts with an economy.
That’s why this model is so powerful. $TAO 👇
Rencrypta.eth@Rencrypta
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GM X!
A beautiful Saturday morning at the family home in Perm.
We're working, checking X, looking for projects, analyzing narratives, and generating new ideas.
$TAO $ENSO
Rencrypta.eth@Rencrypta
GM X! I’ll get a piece of my way home! Running and forest are a source of vitality, joy and habits. $TAO $SN97 $SN4
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Calm before the storm
RWA is a breath of fresh air.👇
Variational has always been known for its unique, huge variety of high-leverage pairs.
Only here I can see all DeFi and Depin projects at once. For example, where else can you find my favorite coins $ENSO $PHA on dex perps?
There's a shortage of RWA like oil, gas or SP500.
This week +46 Points, total 823 Points... just the organic trade. $VAR
Max@0xMGB
- rwa partnerships in legal - ui overhaul in progress - backend team 3xd since start of the year, now cooking on new features (twap, etc) after some major rewrites calm before the storm
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GM X!
I’ll get a piece of my way home!
Running and forest are a source of vitality, joy and habits.
$TAO $SN97 $SN4
Rencrypta.eth@Rencrypta
GM X! Still digging deeper into the $TAO ecosystem and its subnets. The ones on my radar right now: SN97 - Constantinople SN4 - Targon SN3 - Templar
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HareCrypta retweeted
The 4 questions for $TAO subnets we keep coming back to are:
✅ Why decentralized AI over centralized AI?
✅ Why $TAO instead of other DePIN / deAI plays?
✅ Why now instead of waiting for full bull-market liquidity?
✅ Is TAO ecosystem overvalued… or still underpriced?
For myself, I answered below, but how did you answer them? 👇
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HareCrypta retweeted
GM X!
Still digging deeper into the $TAO ecosystem and its subnets.
The ones on my radar right now:
SN97 - Constantinople
SN4 - Targon
SN3 - Templar
Rencrypta.eth@Rencrypta
Do you know about the FUN MODE on Lighter? Activate this mode and it will be a little more fun with trade deals! $LIT
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Do you know about the FUN MODE on Lighter?
Activate this mode and it will be a little more fun with trade deals! $LIT
Rencrypta.eth@Rencrypta
I felt the taste of Parma’s victory, all the salt of my native Earth! Go back to the origins and there will be a surge of energy!
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GM X!
I found a standing desk on a balcony in Perm on this beautiful sunny day.
From here, I'll be watching the oil charts on Lighter.
$WTI $TAO $DOT
Rencrypta.eth@Rencrypta
So that you understand, standing long on oil and seeing how oil is rising in the news, but at the same time your long on Lighter and Hyperliquid is at a loss 😰 simply because this is a different quote, not $BRENT, but $WTI 👇 I feel offended
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HareCrypta retweeted
Brent and WTI diverge hardest when the shock is global and seaborne
Been watching this for days now: $BRENT keeps ripping while $WTI / $CL lags, and if you trade CL on Hyperliquid or WTI on Lighter, you need to understand that you are trading the U.S. benchmark, not the global one.
Why the gap?
Because Brent is the global crude benchmark, while WTI is the U.S. inland benchmark tied to Cushing / Gulf Coast flows.
When Middle East risk explodes, Brent reacts first and harder.
When U.S. inventories build, freight bottlenecks matter, or Cushing stocks rise, WTI can underperform.
That’s exactly what is happening now.
On March 18, the Brent-WTI spread blew out to $12.05/barrel, the widest in 11 years, as the war with Iran disrupted Middle East energy flows and pushed
$BRENT much higher relative to $WTI.
Reuters also noted a 6.2M barrel U.S. crude inventory build, plus higher Cushing stocks and SPR releases, all of which kept extra pressure on WTI.
So if Brent feels too strong versus what you see on HL and Lighter, that’s not your imagination.
It’s a benchmark problem.
Brent = global geopolitics.
WTI = U.S. oil + logistics + inventories + exports.
What can we do?
Either find a crypto venue that actually lists BRENT, no idea which one yet or wait for the Brent-WTI spread to eventually normalize and tighten over time.
Arb desks are definitely working overtime on this gap right now, trying to grind it back in.
Rencrypta.eth@Rencrypta
GM X! Spiders bring wealth not by themselves, but as a reminder. Where there is patience, work, order and fine work - there prosperity appears over time! I’m still longing oil $WTI and dex perp tokens! $HYPE $LIT $DIME $ASTER $MYX
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GM X!
Spiders bring wealth not by themselves, but as a reminder.
Where there is patience, work, order and fine work - there prosperity appears over time!
I’m still longing oil $WTI and dex perp tokens! $HYPE $LIT $DIME $ASTER $MYX
Rencrypta.eth@Rencrypta
GM X! My soul screams with pain and longing like this goat in Perm 🐐 When, when? $LIT $HYPE $DIME
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GM X!
Bitcoin is a tiger, Ethereum is a lion.
We're bouncing back nicely amid the war.
Everyone's tired of losing.
$BTC $SUI $ETHFI
Rencrypta.eth@Rencrypta
GM X! Life without leverage. Have a good day to relax! Last days for cross-country skiing!
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My Lighter stats after TGE (30 Dec).
Volume $17m, PnL $9k
I’ve saved about $3k in fees since TGE compared with Hyperliquid, Binance, and especially Bybit.
Honestly, it’s hard for me to understand why anyone still trades on Hyperliquid or Binance, let alone Bybit.
Rencrypta.eth@Rencrypta
GM X! Bitcoin is a tiger, Ethereum is a lion. We're bouncing back nicely amid the war. Everyone's tired of losing. $BTC $SUI $ETHFI
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