Spaceτime

∞ / 21M τ

[Conjectures.io @conjectures_io]

Conjectures, the incentive mechanism for mathematical discovery.

[Spaceτime @Spacetime_tao]

@Pop_Collapse @Investing88ai @TrustedStake anyone can join, though there is a minimum of 20 tao required. and there is a cap of 10k tao. think they're at 50%+ capacity as of now. you can find the strat in their community section

https://t.co/oCT1ZR8jRw

[Spaceτime @Spacetime_tao]

@hydroneum @here4impact @Investing88ai @TrustedStake @AlexKiriakides yeah, they have several sharia-compliant indices, located in the community section. I don't think there will be one for the 88 public index though

https://t.co/oCT1ZR8jRw

[Spaceτime @Spacetime_tao]

@TauShaman @Investing88ai @TrustedStake Buybacks are automatic via rebalancing.

Each wallet keeps a 20% allocation to SN88. Other 80% is based on the 88 miner meta model. If the 80% allocation grows, profits are rebalanced back into SN88.

So yes, there is passive buy pressure. No, it is not an auto-burn.

[Spaceτime @Spacetime_tao]

@Pop_Collapse 7200 a_out per day distributed to x amount of alpha held by users. generally speaking, the higher the alpha staked, the lower the apy. e.g. subnet a with 500k alpha staked will have a higher apy than subnet b with 2m alpha staked. +/- whatever the root proportion is for each one

[Spaceτime @Spacetime_tao]

@Val4930 @chutes_ai congrats man 🔥

[Spaceτime @Spacetime_tao]

@markjeffrey

[Spaceτime @Spacetime_tao]

@markjeffrey

[Spaceτime @Spacetime_tao]

@richdotca @markjeffrey *tao is the underlying currency of the alpha market. deflationary.

[Spaceτime @Spacetime_tao]

@richdotca @markjeffrey sorry if duplicate msg

usd is the underlying currency of the stock market. inflationary.

alpha is the underlying currency of the alpha market. deflationary.

tao is static in the alpha market. 1 tao = 1 tao.

root = static price i.e. 1, w/yield
alpha = stable price e.g. w/yield

[Spaceτime @Spacetime_tao]

@richdotca @markjeffrey *e.g. 0.1

[Spaceτime @Spacetime_tao]

@TalkingTensor a_in gets halved alongside tao_in with each tao halving. a_out gets halved with each alpha halving

[Spaceτime @Spacetime_tao]

@bittingthembits @taostats it's actually the other way around. NAV > 1 is a discount, because the liquidation price is greater than the price. price = tao_in / a_in. liq. price = tao_in / a_out. if you buy at 0.1 tao, but the liq. price is 0.2, then if the subnet were to dereg, you'd receive 2x tao

[Spaceτime @Spacetime_tao]

@mentatminds TAO40 - top 40 subnets based on TAO liquidity. favors stability and conviction

ALPHA40 - top 40 subnets based on market cap. favors speculation and market sentiment.

it can be any number. I chose 40 because of https://t.co/SoeLG2tSEF

[Spaceτime @Spacetime_tao]

@SheepyAustin @jaylavee_ @mcjkula 💯

[Spaceτime @Spacetime_tao]

@bittensorbaddie @markjeffrey @JosephJacks_ @const_reborn https://t.co/oN2PbNorTg

[Spaceτime @Spacetime_tao]

@inversemyself @bittingthembits slight correction https://t.co/17EPnf8CTH

[Maciej Kula @mcjkula]

@VenturaLabs @latentholdings @learnbittensor Correction (to my younger self): The ALPHA halving actually affects only the ALPHA going out to participants not the "alpha_in"/ALPHA going into the pool.

Meaning that the amount of ALPHA going into the pool only gets reduced by the TAO halving* (price never changes by itself)🙏

[Spaceτime @Spacetime_tao]

@inversemyself @bittingthembits 💯 yes, after the first alpha halving, alpha_out gets halved, and alpha_in gets halved again. however, tao_in would not get halved until the 2nd tao halving. this behavior changes the injection ratio in favor of tao, and the chain would passively push the price up