🔥 $TAO’S NEW AI PAYMENT SYSTEM BURNS SUBNET TOKENS.
Bittensor’s Gamma Tokens are designed to let people and AI agents pay for subnet services using a Bittensor wallet.
Here’s how it works: $TAO buys the subnet’s alpha token, and that alpha is burned to create Gamma credits.
That ties demand for a subnet’s AI services to its token economics. Every time Gamma credits are created this way, some of that subnet’s alpha is removed from supply.
Last week, $TAO lender APY on Mentat Lend went from 12% to 22% in a single hour.
The pool did not change. Borrowing demand did.
Here is the mechanism:
Lenders deposit TAO into a pool. Alpha holders borrow from that pool and pay interest on what they borrow. That interest is the lenders’ yield.
When a larger share of the pool is borrowed, utilization rises, and the interest rate rises with it. Every lender in the pool earns more.
This is standard lending mechanics, the same logic behind the largest credit markets in DeFi. It is exactly why APYs this high are possible on $TAO.
If utilization keeps rising, lender APY can go well past last week’s 22%.
The crypto market might not look particularly exciting right now. But never forget where Bittensor came from.
Look at how far we've come. Look at where we are today. And above all, try to imagine where we could be tomorrow.
Four years ago, when I discovered Bittensor, I could never have imagined seeing Const doing interviews like this.
Back then, almost nobody knew about this network.
Today, the world is starting to pay attention.
And I'm convinced of one thing: more and more people will come to listen to Const, understand his vision, and discover Bittensor.
But here's what really interests me.
What happens when market sentiment turns positive again? When investors regain their enthusiasm and appetite for risk?
One name will resurface in their minds: BITTENSOR.
And with it, one ticker: $TAO.
While some stare at charts in boredom, others capitulate, and many wait for the return of euphoria, the best teams in the network keep building, innovating, and delivering real products.
They don't need the market's permission to move forward.
Of course, not every subnet will succeed. The selection process will be ruthless.
But the real builders may have gained a considerable head start by the time the spotlight returns.
Recognition sometimes comes before adoption. And adoption sometimes comes before valuation.
I don't know when the market will start smiling again.
But I know why I continue to follow Bittensor with such strong conviction.
Patience is key. Research is essential. And time could become the greatest ally of those who recognize value before the crowd does.
Keep building. Keep researching. Stay patient. 🔥
$TAO #Bittensor #dTAO
we're heading into an economic climate where just noise doesn't get you through the door anymore. buybacks, revenue and customers are what truly matter to self sustaining economies.
for a long time "no one knows what bittensor does" was a fair assessment at surface level and rightly so we didn't make it easy for the market to understand.
but I think our fledgling network state is starting to bang its own drum.
bittensor:native
OpenAI and Anthropic aren't threatened by Bittensor. Yet.
@const_reborn says centralized AI labs may take open systems seriously once they start threatening their incentives and revenue models.
The real test begins when open AI gets in their way.
https://t.co/nZgij4RWQ7
The Bittensor chain has undergone 61 upgrades this year alone.
That’s more upgrades than its fellow Substrate chains, including Polkadot and Kusama, as well as major L1 networks like Ethereum, Solana, NEAR, Sui, and Cardano.
The philosophy is simple: move fast.
AI is evolving rapidly, and keeping pace requires Bittensor to continue building, improving, and upgrading at speed.
But that pace comes with challenges. Subnet owners often have to adjust their operations to accommodate network upgrades, while businesses considering building on Bittensor may wonder whether the frequency of these changes makes launching and maintaining a subnet too demanding.
Is this the price of moving fast, or could the pace of upgrades become a barrier for subnet owners and businesses looking to build on Bittensor?