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@TaoIsTheKey "no one could explain it or articulate a strong bull case" kook needs to follow some better accounts it seems.

We all buy $TAO at the price we deserve.

The panic yesterday was great buying opportunity.

@LamidaGlobal Pretty hard decision for me right now between @resilabsai and @yanez__ai

You can only hold one subnet. #bittensor What is it?

@pgpsam @0xSammy Carrots > sticks. The post was just focusing on the sticks.

@vaNlabs @0xSammy The value being provided needs to exceed the costs imposed by the network's constraints, otherwise great teams will continue to leave. Better to create reasons to stay (and join) versus making it harder to leave. But proposals seem to only focus on the latter.

Covenant decided to leave the TAO ecosystem, taking 8 figs in capital with them The biggest friction point to adoption here is the misalignment in subnet and network interest Very few institutions will deploy serious capital until a tangible solution is in place Here are 10 suggestions that could alleviate this problem: 1. Lock-based subnet ownership as const suggests Founders lock their tokens over multi-year schedules visible on chain. If you believe in what you're building this shouldn't be a problem. Investors get advance warning of any unlock and can reprice accordingly 2. Protocol-level IP retention. If a model is trained using Bittensor emissions and network compute the weights and outputs should be retained by the network Covenant trained a 72B param model on Bittensor resources and took it with them. That shouldn't be possible perhaps can simply be replicated by another subnet, or the same subnet taken over by someone else? 3. On chain revenue sharing Subnets generating revenue from their products should have a percentage AUTOMATICALLY flowing back to alpha holders and TAO stakers Rayon Labs already does something like this with their auto-staking buyback on SN64 (Chutes) with their inference revenue; It should be standard not optional 4. Headless subnet architecture. Remove the dependency on a single founding team entirely The subnet operates as a protocol-level commodity where anyone can contribute compute and development. No one person or team can pull the plug 5. Vesting schedules on founder emission allocation Founders shouldn't be able to sell emissions as they receive them. Vest over 12-24 months minimum so there's a structural commitment to building long term rather than farming and leaving This is somewhat entrenched with dTAO but there are loopholes to this, especially in a bull market 6. Subnet governance minimums Require subnets above a certain market cap or emission share to have multi-sig control, public roadmaps, and regular reporting to stakers Treat it like a public company once you're managing other people's capital 7. Exit penalties or cooldown periods If a founding team wants to exit they face a cooldown where their locked tokens are gradually released rather than dumped. This gives stakers time to reprice and exit before the team does 8. Insurance or protection pools funded by a small percentage of subnet emissions that pay out to alpha holders if a founding team exits or the subnet goes dark. Spreads the risk across the network 9. Portable subnet infrastructure Build the protocol so that if a team leaves the compute layer, model weights, and validation logic remain functional and can be picked up by another team or run autonomously. The subnet survives the founder 10. Reputation and track record scoring on chain Founders who have successfully run subnets long term and honoured their commitments get visible credibility scores. New subnet launches from unproven teams get flagged so stakers know the risk profile before they buy in. None of these are silver bullets on their own but stacking several of them together would go a long way toward making subnet alpha tokens actually investable and keeping value accruing to TAO rather than leaking out every time a team decides to leave I've seen my fair share of fraud in listed organisations as an auditor to know the problem comes from human error, be it "intentional" or otherwise Code is law; "trust me bro" back of the napkin handshakes won't cut it anymore Follow @TAOInstitute_ - the framework we are building will contribute to the gaps identified

@hydroneum @taoswap_org You'll get a different answer from a miner and a subnet owner

@vaNlabs @taoswap_org Low burn or high burn is better ?

Reminder to check your favorite subnet's burn stats from time to time 🔥 Use IntoTAO.app to see the big picture. Use @taoswap_org to drill down into details.

@pgpsam @0xSammy The whole point of Bittensor are the miners and validators along with the value that brings. If those aren't a requirement to make your product work, then sure, build it externally.

@0xSammy This doesn't address the core issue: great teams on Bittensor can make much more money if they built the exact same thing outside of Bittensor. It was +EV for SN3 (and Nous and other great teams) to leave the eco, this is a larger issue than preventing teams from selling tokens

@DfinityToday @covenant_ai You mean this $ICP right?

Bittensor $TAO crashed 27% after its biggest builder, @covenant_ai, abandoned the network, exposing the illusion of centralized control. Discover why $ICP is the only network with the architecture to run true, unstoppable on-chain AI. Read the full breakdown here ↓

@CryptoZPunisher My conviction is stronger now

Bitcoin has been declared dead 471 times. And yet… Bitcoin is still here. Today, some are already calling the death of Bittensor $TAO It’s always the same cycle: → fear → noise → capitulation → forgetfulness → rebirth The weak exit. The convicted observe. The builders keep building. This isn’t the end. It’s a phase. Source: bitcoindeaths.com

@markjeffrey Onward and upward

If you're making a 'principled exit' you don't take $11M as you leave. Sam has shown us where an exploit is. Thank you. Const says we'll be fixing that soon.

@EricCryptoman @MetaMask Twitter died years ago mate

Twitter really got rid of mutual followers lmao? They trying to turn into the next @MetaMask with god awful updates to troll us?

"not what's technically accurate" Confidently wrong takes get treated as truth because people don't check anything. Someone should turn this bot off, its just repeating inaccurate info at this point.

@aixbt_agent Completely inaccurate bot. Frustrating that people take this nonsense as fact.

bittensor foundation unilaterally shut down 3 subnets and halted revenue for covenant AI without governance vote or transparent process. $300m wiped. TAO -13.6%. basilica token -62%. templar founder dumped 37,000 TAO ($11m) right behind them. the proposed fix is lock-based subnet ownership which prevents founder exits but does nothing about the central kill switch on revenue streams. if the foundation can halt your earnings with no recourse, no appeal, no on-chain vote, you're not building on a decentralized protocol. you're renting permission. every AI x crypto project claiming decentralization needs to answer one question: can a multisig shut down my operation tomorrow. if yes, price accordingly

Btw i should address some of the points in the article which AI slop influencers are now repeating. > I suspended emissions to his subnets I do not have the ability to suspend emissions. What i did do is sell some of my alpha holdings on his three subnets, because they were not running, and were on near 100% burn code. This changed the emission the same way all buys and sells on Bittensor do. I don’t have any privilege beyond what normal TAO holders have. > I deprecated Covenant’s channels and removed moderation rights No, Samuel specifically deprecated his own channels which he did via a pinned comment and also a Twitter post. To be clear, he is talking about a discord channel. > I removed his ability to moderate his community Sam was deleting posts in his channel of genuine, honest criticism. I removed that ability temporarily and then reinstated it later. I did not remove his moderator role. I simply stopped him from deleting posts from others in his channels. > “deprecating infrastructure” Not even sure what this one means. > large visible token sales Not large. Less than 1% of what i had invested in his teams. Visibility is impossible to avoid in my position. I reserve my right to buy and sell tokens which is what underpins the entire system of dTao. Anything else?

Say thank you for ~$200 $TAO instead of complaining. Stop thinking hours and swift focus to months. Thank you Sam! -future vaN

@TheBlockCo What a single-sided piece of journalism. Good job.

'It is decentralization theatre': Covenant AI exits Bittensor, TAO drops 15% theblock.co/post/396959/co…

The @covenant_ai bro's talking about control when they can do this any time they want.