MegaTAO

The Only Platform to Long, Short & Hedge Bittensor Subnets.

TAO collateral. Up to 5x Leverage. Novel Subnet Markets

Try our beta below 👇

[MegaTAO @mega_tao]

Glad to see someone else sees the vision that is needed for Bittensor! Soon you’ll see that @mega_tao will be that solution.

[siamkidd @SiamKidd]

So a thing I've thought Bittensor SORELY needs is a big lender that will accept subnet tokens as collateral. Something permissionless like @aave would be magic wand scenario.

Last week, in a live session, I tried explaining why we need it, as it's basically a WIN WIN WIN.

WIN for alpha holders: So many people are illiquid and don't want to dump their favoured charts. I'm one of them!

WIN for the Big Lender: Easy "risk free" profit. They could easily charge 15% and be fully subscribed. The moment LTV hits like 80% LTV, loan liquidates.

WIN for Bittensor: People will stump up alpha as collateral to get that 50% LTV loan. Use that USDT to buy more TAO and use that TAO to buy more alpha. TAO price wins and alpha prices win.

Problem is, we need to find a Big Lender. Someone willing to take a punt with like $10m-20m. OR, an existing DeFi platform. Does anyone have any deep pocketed friends that could take a punt at this with the reward of an easy 15% yield on loans given?

I can't see the downside to this...especially with Conviction now. Owners can convict and use that convicted alpha as collateral to borrow to cover subnet opex etc. And the alpha yield of the collateral will just self-liquidate the loan away over time.

Anywho, I gave my agent the transcript of the live sesh and got him to whip up a page that explains what I was on about. Hope it helps!

https://t.co/WzxRndt2NW

[MegaTAO @mega_tao]

I know we've been quiet...we wanted to focus on less posting and more shipping!

stay tuned for more updates coming soon!

[MegaTAO @mega_tao]

@dFusionAI Data infra is actually a massive unlock for this space.

We should find some time to sync on this. I think there’s a real overlap between what you’re building and where MegaTAO is headed. Drop me a DM and let’s get on a call

[MegaTAO @mega_tao]

The next season of our competition we will be providing more incentives for more of our early users!

Stay tuned…more details are coming on Monday!

[MegaTAO @mega_tao]

Our trading competition winner took TEMPLAR long AND short

best trade: TEMPLAR LONG +4.36 TAO
worst trade: TEMPLAR SHORT -2.02 TAO
net result: still up +5.74 TAO with a 1.93 profit factor

that's how you trade both sides of a market and come out ahead 🫡

[MegaTAO @mega_tao]

we have a winner!! 🏆

Our trading competition champion just locked in the 5 TAO milestone prize

+5.74 TAO profit
+7.53% PnL
265.37 TAO volume
18 trades across 13 active days

congrats! the TAO is on its way!

[MegaTAO @mega_tao]

@AlgodTrading The best thing about @mega_tao is that when those competitors come into play you can decide on how you want to convey your conviction and either short or long them with up to 5x leverage.

stand on your conviction one way or another 🫡

[MegaTAO @mega_tao]

@SiamKidd @JesusMartinez Long-only markets don’t find price discovery.

Bad subnets stay overvalued until they collapse. That’s not a feature just a delayed rug

[MegaTAO @mega_tao]

Running a delta-neutral staking + perp short on Bittensor alpha tokens is feasible today!

Stake the alpha → earn APY

Short the perp on @MegaTAO → collect funding

[MegaTAO @mega_tao]

Once you start to realize the funding rates on @mega_tao allow you to go delta neutral on some of your alpha positions 🤯

[Algod @AlgodTrading]

While the quality of most subnets is still so-so, if you compare it with other chains its actually miles ahead

I’m often negative and one of the biggest critics of the ecosystem but its a clear trend

[MegaTAO @mega_tao]

TAO is the only collateral on @mega_tao. A delta neutral trade keeps your capital in TAO, hedges the Alpha price risk with a perp short, and collects funding from whichever side is paying. All within the Bittensor ecosystem.

[MegaTAO @mega_tao]

Come to @mega_tao you can do this...with up to 5x leverage

[Algod @AlgodTrading]

We need a chutes competitor, too comfy at rank 1 with suboptimal economics

Actually, if i was able to do so i would short it

[MegaTAO @mega_tao]

@AlgodTrading come to @mega_tao ! you can short chutes with size! up to 5x 🫡

[MegaTAO @mega_tao]

@chutes_ai longs and @TargonCompute shorts can't both be right.

CHUTES OI is 82.5% long. TARGON OI is 97.4% short.

Both sides are paying in funding.

One of these convictions is wrong and getting more expensive by the hour.

[MegaTAO @mega_tao]

We have something in the works!

just know that anyone who is/was an early user of @mega_tao will be rewarded 👀

Stay tuned for the details

[MegaTAO @mega_tao]

@Jason @Robin_T100 understood

[MegaTAO @mega_tao]

@wallstreetbets the @mega_tao team is here 🫡

[MegaTAO @mega_tao]

85% of Bittensor's Alpha tokens are statistically independent of TAO/USD.

That means CHUTES, GRADIENTS, HIPPIUS — each has its own price action.

On @mega_tao you can be long one subnet and short another without TAO exposure in either direction.

That's not available anywhere else!

[MegaTAO @mega_tao]

@TaoOutsider Did you know you can trade all of these subnets on @mega_tao with up to 5x leverage!