4/ As we continue to explore this idea, we invite our community to follow along and provide feedback. We're committed to ensuring pyTAO remains a leader in the AI and DeFi space.
#DeFi#AI#Crypto#Bittensor#Yield
🧵 Potential Future for pyTAO Network
1/ We are currently exploring the possibility of pyTAO becoming a subnet within the @bittensor_ ecosystem. This step would allow us to better optimize AI computations and improve rewards for our community.
3/ This shift would also provide more flexibility in governance, security, and how resources are allocated. However, it’s something we still need to evaluate carefully.
EVM compatibility on Bittensor is a game changer. Developers can deploy smart contracts using tools like Solidity, Truffle + Metamask.
Bittensor bridging AI and traditional DeFi in new ways.
Expect to see more user-facing apps and staking protocols.
Think staking pools, liquid staking, and beyond. Developer innovation expanded.
Read More: https://t.co/j3811UbdDe
#EVM #Bittensor
pyTAO Network Revenue Distribution
Staking rewards on pyTAO will be distributed in $TAO, earned through our AI contributions on the @bittensor_ network.
By staking your $PTAO tokens, you earn $TAO from real AI computations, providing sustainable, AI-powered yield for our users
Long-Term Goals of pyTAO Network:
Our vision is to build a seamless connection between AI computation and DeFi, enabling sustainable, AI-powered yield generation. Over time, pyTAO aims to:
1️⃣ Expand AI contributions on @bittensor_
2️⃣ Enhance staking rewards based on real AI demand
3️⃣ Grow a thriving ecosystem for developers & stakers
4️⃣ Foster decentralized AI services for the global market
🧵 What is pyTAO Network?
1/ Introducing pyTAO Network 🌐
pyTAO is a platform where users can stake $PTAO tokens to earn yield. By contributing to AI computations through the @bittensor_ network, we generate real-world rewards that are distributed back to our stakers.
5/ How to Get Started
pyTAO Network is launching soon. Get ready to stake your $PTAO tokens and start earning yield from AI computation powered by Bittensor. Stay tuned for the official launch and be among the first to join this AI-powered DeFi revolution.