Kevin Simoes Santos

🔍 Exploring blockchain breakthroughs | Making sense of Web3, crypto markets, and decentralized tech . Daytrader 📈1904⚪️🔴🤍

[Kevin Simoes Santos @KevinSimoesSan2]

@_onlyscott Pepe , Figo , Coentrão, ricardo carvalho

[Kevin Simoes Santos @KevinSimoesSan2]

@AiwithZoaina in luxembourg we are doing this for years now congrats .

[Kevin Simoes Santos @KevinSimoesSan2]

@MMCrypto Thats a W bro

[Tao Outsider @TaoOutsider]

🚨 $TAO BITTENSOR PROPOSAL

A few hours ago, there was a live meeting on Discord with Bittensor founder Const and our amazing and committed community.

I took notes on the most important points and I’m leaving them below.

Here are the key takeaways.

Bittensor philosophy;

-Const reinforced that the protocol has always “rolled with the punches” and learned from exploits since the very beginning. Every failure helped improve the chain, refine incentives, and move closer to building functional decentralized AI markets.

-Const acknowledged Sam’s betrayal, took responsibility, and offered direct apologies to affected holders.

(You are not the one to blame. But apology accepted.)

Main proposal: Locked Stake (Conviction Mechanism)

A new staking dimension is being introduced. Beyond normal stake, time now becomes part of the equation. Stake can be locked for months or even years.
This creates a public and cryptographically verifiable conviction metric: locked stake multiplied by remaining lock time. Subnet owners, and any holder, will be able to demonstrate long-term commitment transparently.

Objectives of the mechanism;

-Prevent rugs and sudden exits that drain liquidity and harm investors

-Give Alpha and TAO holders more influence over the direction of subnets

-Replace human trust assumptions with mathematical, protocol-level guarantees

-Make subnet ownership dynamic and competitive. Today it is immutable.

How rollout will work;

-First step will be the lock mechanism itself, without hierarchical governance yet

-Initial testing will happen in mature subnets like 3, 39, 81 and possibly other large ones

-New subnets will have a grace period (immunity)

-During governance activation;

-Anyone will be able to lock stake and vote on the owner key

-The highest conviction wins

Benefits for the ecosystem;

-Increases investor confidence and helps capital formation

-Teams can signal real skin in the game through locked stake

-Improves long-term alignment between owners, miners, validators and stakers

-Opens the path for stronger governance at subnet level and later at root/chain level

Long-term vision;

-Bittensor wants to solve real governance problems that no one in Web3 has fully solved yet. Not just degen cycles and pump mechanics.

-The Conviction mechanism is seen as a key step toward building a real federation of decentralized and trustworthy AI companies.

My thoughts;

After the Covenant episode, this feels like the beginning of a full transparency phase.

Now it’s time to implement, improve, evolve and keep building.

The best builders will come out stronger from this moment.

Holders
miners
validators
teams
owners

Everyone moves forward from here.
I hope so.

I strongly recommend going directly to the original source on the official Bittensor channel. Don’t be lazy. 😅

[Mark Jeffrey @markjeffrey]

Bittensor is a quite a LOT more than Subnet 3, and $TAO will carry on fine without it.

It's unfortunate that the founder chose this path.

There are 125 other subnets -- plus three new slots that just freed up.

[𝗗𝗥𝗘𝗔𝗗 𝗕𝗢𝗡𝗚𝗢 @DreadBong0]

So.. here is what happened

@tplr_ai founder took offense to some actions made by #bittensor co-founder @const

He/they then made the decision to announce they are leaving the #Bittensor network

In the process.. then made the incredible decision to dump 37,000 $TAO worth of subnet alpha tokens across Grail, Basilica and Templar

A move that has completely destroyed the investments of everyone who followed and trusted these guys over the past few months/year

Expecting anyone to follow you elsewhere after making such an incredibly irrational and dumb decision that screwed all your investors by nuking the token yourself.. good luck

This, imo.. looks like a rug for max extraction

Maybe that's wrong but that's exactly how it looks to me..

Its a massive fucking shame after Templar had the largest public exposure of any subnet to date, thanks to positive breakthroughs in pretraining

I cannot express how disappointed I am in all this

#Bittensor will grow stronger..

It always does

$TAO

[Kevin Simoes Santos @KevinSimoesSan2]

@Hamuziprime

[Kevin Simoes Santos @KevinSimoesSan2]

@3vanOnBase @Hamuziprime nobody said you have to enter, its free and you talking like this ,,, prove that you are not profitable , loss is part of the game

[Kevin Simoes Santos @KevinSimoesSan2]

@Hamuziprime what is tp?

[Kevin Simoes Santos @KevinSimoesSan2]

@Hamuziprime you good bro?

[Kevin Simoes Santos @KevinSimoesSan2]

@Hamuziprime bro its 13:46 here everyboday ahha

[Kevin Simoes Santos @KevinSimoesSan2]

@Hamuziprime no trade is also a good trade

[Kevin Simoes Santos @KevinSimoesSan2]

@Hamuziprime both ok

[Kevin Simoes Santos @KevinSimoesSan2]

@Hamuziprime nah bro

[Kevin Simoes Santos @KevinSimoesSan2]

@Nmmullaah @Hamuziprime this .

[Kevin Simoes Santos @KevinSimoesSan2]

@AshCrypto Bart simpson

[Kevin Simoes Santos @KevinSimoesSan2]

@tradinglord Class wei emmer🙌🏼

[Kevin Simoes Santos @KevinSimoesSan2]

@intern Shit in your pants

[Mayne @Tradermayne]

I've seen basically every single one of these mass liquidation moves since 2016.

You think you'd get numb to it in a way but honestly every time it is pretty jarring.

It's hard to comprehend just how much leverage can be built up in the system.

[xTAO - a Bittensor company @xtaohq]

We’re seeing the best minds in crypto move to Bittensor $TAO 👀