#Bittensor $TAO
Bittensor >> $TAO >> Dynamics >> dTAO
What better than an FAQ! Thanks to @Ithiel & @21RoundTable, always on the front line to help the community.
dTAO FAQ:
What is dTAO?
Soon™. Probably in about a month. It just went live on the test network yesterday (January 10). The official timeline is "Q1 2025" (i.e., January-March).
Do I need to withdraw my tokens or do anything before dTAO?
No, you don’t need to do anything. Regular staking is being renamed to root staking, and you don’t need to make any changes.
What happens to staking rewards if I don’t do anything with dTAO?
Root network staking rewards for $TAO, which are “zero-risk,” will gradually decrease over time as more emissions are allocated to dTAO tokens. I don’t have exact figures yet, but some charts will soon be available to help visualize this better.
[UPDATE] Please note that staking in the root network will only yield TAO tokens, not dTAO tokens. If you want dTAO tokens, you will need to exchange TAO for a specific dTAO token and stake that instead.
Can I lose my TAO if I exchange it for dTAO tokens?
It’s like exchanging ETH for another altcoin. Its value can increase or decrease. Just as other ETH altcoins are volatile trading pairs against ETH, dTAO tokens are volatile trading pairs against TAO.
Will there now be 2 tokens: TAO and dTAO?
No, there will be thousands! Each subnet gets its own dTAO token, similar to how various altcoins exist on Ethereum.
How can I buy dTAO? Can I do it from my wallet app?
dTAO is not live yet (currently testnet only). Initially, the process may be a bit complex, but new front-ends should arrive soon to simplify the process.
Once dTAO is live, will validators still vote for emissions?
No, and this is one of the best parts – emissions will now be market-driven based on the number of people buying and selling dTAO tokens.
What is the difference between CR3, EVM, and dTAO?
EVM adds smart contracts like Ethereum. dTAO replaces voting for emissions, with each subnet receiving its own dTAO token, similar to Ethereum having altcoins.
CR3 (Commit Reveal 3) is a weight anti-copying technology that was released last month. It’s completely unrelated but needed to be implemented before dTAO could launch.
Stay tuned for more information
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