Quantoshi

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Quantoshi

Quantoshi

@DangerMouse_888

Just a degen trying to give my opinion. NFA.

Katılım Kasım 2021
607 Takip Edilen163 Takipçiler
Plata
Plata@platacrypto·
Nock nock 👀 We already knew that Cobie was investing, but it is even more bullish to hear that DCG and Barry are invested too. Base bridge got deployed last night and base liquidity will come today. Privacy will be a big thing with the world going to shits and uncertainty being at ATH, and this definitely will not change anytime soon. @nockchain is the first and best contender for making a smart contracts and VMs combined with a zkproof chain, and actually, on top of making zkproofs a commodity, which makes the privacy aspect even more powerful while providing full regulatory compliance. Think of privacy but regulatory-friendly stablecoins, atomic swap privacy DEX/bridges, and data services where you don't trust your KYC data to some random third party but to provable and verifiable code. $NOCK is looking absolutely ready for 2026.
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Quantoshi
Quantoshi@DangerMouse_888·
@0xSouvlaki Thanks for the prompt reply. Last question! What sort of APY can expect if im giving up 50% in the first 60 days? Man i obviously didnt know what i was getting into when i converted. 🫠
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Souvlaki
Souvlaki@0xSouvlaki·
Shadow and How It Works - Part 4 Part 1 - What is Shadow Part 2 - $Shadow Part 3 - $xShadow Next: $x33 The introduction on $x33 is the last piece to the puzzle, but it is also the newest concept to market. With all things that are new, there is complexity in how it operates. At launch, you could convert 1xShadow for 1 $x33. As time passes that rate will always shift in favour of $x33. Here is why: The first element is through the Rebase. Historically, the ve3,3 rebase had part of the emissions go to stakers so that they don’t get diluted, but with Shadow all emissions go to the LP farms. So how does the rebase mechanism work? 1. Emission side. As covered in earlier parts all the emissions are done as $xShadow, however users have the option to claim it as liquid. As we have seen with the vest of xShadow, there is a 50% penalty applied. It is this penalty that goes to xShadow stakers. 2. Other penalty fees. All the other penalty fees applied to early exits from xShadow vesting. The rebase is more of a redistribution, a you could view it as a modification to what we have seen with many reflect tokens. As $x33 solely consists of xShadow, it is collecting more xShadow through each of these redistributions. This is the element that drives some of the divergence of the conversion rate. Alternatively, If you were staking xShadow, you would just have more xShadow. The second element is through the voting. If you are staking xShadow, you need to vote every epoch to claim the rewards on the pool (fees + incentives). $x33 does all the calculations and voting for you. The fees and incentives collected are not streamed to $x33 holders, instead they use this to buyback shadow and increase the xShadow to $x33 conversion rate. It is these two factors that cause the conversion rate to move in x33’s favor over time. On top of this $x33 is liquid, but it does trade at a discount. The original discount applied was when the conversion was 1:1 and it was a price representation of the early exit of holding xShadow. My Thoughts I’m going to go out on a limb here and say that I don’t believe this holds true. I think both $Shadow and $x33 are in for a reprice because of it. The reason lies in how the three-token model was built. Take a moment to think about other two-token models in the space. The main thing they have in common is an attempt to separate both the purpose and value accrual of those tokens. While Shadow may have adopted a three-token model, the underlying design increases dependency, where “game theory” hinges on the path you choose. Adde a table to visualize how I think about valuation (not operation): From a value-flow perspective, you can see that $Shadow itself only gives you exposure to how the market values the project, not to any of its performance. While this has always been the case with previous versions, we now, for the first time, have a liquid equivalent that does both. Because of this, I think $Shadow also trades at a discount. That sounds crazy because, unlike $x33, it seems like there’s no reference point, but I think there is. It presents itself in the fees generated. The higher the fees, the greater the cost of not having exposure to performance. But since the $Shadow price is the cornerstone, the price is the price. However, there should be a premium attached to protocol performance. Right now, I think that premium should exceed the combination of the conversion rate and the xShadow exit penalty. So, in the end, I believe $x33 should trade above the price of $Shadow for reasons beyond just the conversion rate alone. I hope it helped explain things. Thank you for taking the time to read all of this! 🙏 Linking previous posts for reference: Part 1 - x.com/0xSouvlaki/sta… Part 2 - x.com/0xSouvlaki/sta… Part 3 - x.com/0xSouvlaki/sta…
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Quantoshi
Quantoshi@DangerMouse_888·
J Nicholas Gross@JNGross

I would be curious too, to see the argument that the SN aggregate "prices" can't be > 1 $TAO I say this mostly because in the subnets, the "price" of the token is mostly an artificiality - based on the ratio of alpha/Tao is in the pool, and NOT on the actual circulating supply of the token This was done, as I read the docs, to make sure that the emissions schedule was not distorted So the "price" they are referring to is different from the "value" of the token and therefore they are comparing apples and oranges when they say that the "price" of SNs has to be the same "value" as 1 TAO as an easy example, right now, in SN 4, there are about 104k tokens in circulation, and only 35k in the pool There are about 10k TAO in the pool What is the "price" of SN4 tokens? they say its 0.28T, based on dividing 10k TAO by the number of tokens in the POOL The "value" of SN tokens, however, is 1/3 of that, or less than 0.1 TAO By ignoring the actual number of tokens in circulation, which is kind of .... random because they're completely liquid, the comparisons are skewed IMO If you add them all up, its nowhere near even... 1 TAO at this point - Im attaching a sheet I did a few days ago, and, yes, the aggregate "price" of the top half of the subnets was 1.66T at the time, but the actual VALUE was ... 0.54 - I have not updated this, but it would be interesting to see Please appreciate I am not part of the project, and I haven't read every scrap of paper, so my thinking may be off - if so, I invite correction taostats.io/subnets/4/chart

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TAO Insider
TAO Insider@taoinsider·
$TAO total subnets value dropped to 1.97τ.
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Quantoshi
Quantoshi@DangerMouse_888·
@DrocksAlex2 Building my man. Hopefully the subnet reg costs dont price my team put 🤞🏼
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Alex DRocks
Alex DRocks@DrocksAlex2·
Don't sleep on $TAO.
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Quantoshi
Quantoshi@DangerMouse_888·
@T1crypto_tips I went to refresh the page. It was game over from there for me. Did anyone have their parameters in and just click burn? Interested to know if i shouldnt of refreshed.
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Alex DRocks
Alex DRocks@DrocksAlex2·
I'm just a regular dude from Quebec, Canada. Wasn't a dev until 27 (I'm 99 yo btw). Learned coding from the internet for 8 years non-stop. Built an accounting software, got a dev job, found Bittensor and mined for 9 months successfully. Started a validator with friends and Inference Labs... Super satisfying to see this as a reality. @tao_minersunion among the best validators on #bittensor If you're young, use your energy well. If you're able to compete in Bittensor under 20 yo, you're the future. Don't give up. $TAO
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Alex DRocks
Alex DRocks@DrocksAlex2·
Thanks to @opentensor 's child hotkey allocation of $TAO stake to us @tao_minersunion, we were finally able to register on 42/45 subnets and stay alive. It was really impossible to do at 24k stake, so thank you to OTF for granting us their trust with 10% of their total stake. This is something I'll be proud of for the rest of my life. #bittensor
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Alex DRocks
Alex DRocks@DrocksAlex2·
Got to say that this changes my perspective about @opentensor to be honest. Sometimes I have felt like they didn't listen to the community when I was mainly focused on mining $TAO. But a move like this one today makes me rethink that they're actually listening. Thank you #bittensor chads
Miners Union Validator@tao_minersunion

🚀 Huge news! 🚨 We just received a major delegation of 113,000 TAOs ($29.4M) from the @opentensor foundation! 🙌 Just hours after releasing the child hotkey feature, they put it to use! We're incredibly grateful for their trust, and this will help us validate stably on every subnet and continue delivering tools to the community. Big things ahead! 🔥 Check us out: app.minersunion.ai #crypto #bittensor #validators #blockchain #gratitude

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Quantoshi
Quantoshi@DangerMouse_888·
AI and Web3 together enable decentralized, intelligent systems, enhancing blockchain efficiency and data privacy. This synergy promises revolutionary advancements in smart contracts, autonomous organizations, and secure, personalized interactions.
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HIP Subnet 🧠📲🦾
HIP Subnet 🧠📲🦾@HIPSubnet·
A Bittensor thread 🧵👋 The Human Intelligence Primitive (HIP) UID-36* 🧠 About our Subnet: In a nutshell, we’re a Human Feedback Loop Subnet. We’ve designed this subnet with a holistic approach from the top-down to bottom-up. $TAO #Bittensor #AI #HIPSubnet
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Quantoshi@DangerMouse_888·
@HIPSubnet Keep at it lads! Good things will come of it! 🙌🏼
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HIP Subnet 🧠📲🦾
HIP Subnet 🧠📲🦾@HIPSubnet·
We’re laying the groundwork for easy onboarding of everyday people & wanting to service Validators and Subnets with specific data validation needs.
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HIP Subnet 🧠📲🦾
HIP Subnet 🧠📲🦾@HIPSubnet·
Human labelling provides accurate, nuanced data necessary for training large language models to understand and generate human-like responses, ensuring relevance and context-appropriateness in their outputs. Powered by #Corcel $TAO #HIP #Bittensor
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HIP Subnet 🧠📲🦾
HIP Subnet 🧠📲🦾@HIPSubnet·
A human feedback loop enhances accuracy, ensures relevance, filters out malicious content, promotes continuous learning, and aligns AI performance with human values, fostering trust and reliability in the decentralized machine learning ecosystem. $TAO #Bittensor #HIP
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HIP Subnet 🧠📲🦾
HIP Subnet 🧠📲🦾@HIPSubnet·
The countdown is over! HIP Subnet has registered to mainnet. 🎉 UID 36. Stay tuned, more posts to come! $TAO #Bittensor #HIP #AI
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HIP Subnet 🧠📲🦾
HIP Subnet 🧠📲🦾@HIPSubnet·
We need you! 🫵🏼 Today we’re excited to announce our release on Testnet. To get started please review our GitHub. All suggestions & pull requests welcome. Linux knowledge an advantage but not required if your willing to put in the time github.com/HIP-Labs/HIP-S… $TAO #Bittensor
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