walter

[walter @rwally619]

@mackenzieprice No Synthesis Tutor?

[walter @rwally619]

@FurkanGozukara @Selkis_2028 [ @bittensor has entered the chat ]

[walter @rwally619]

@SiamKidd @markjeffrey I feel like clarifying this to people amidst being TAO-pilled is an advantage tbh

[Mark Jeffrey @markjeffrey]

When you 'buy' a subnet token using TAO, is that staking or trading?

It's staking. You stake $TAO. You get a Subnet Token as a kind of 'coat check'.

Now here's the clincher: IF that Subnet gets deregistered for poor performance, the subnet tokens *in your wallet* get remote-liquidated ALSO: you get TAO back (not much -- pennies on the dollar, since the subnet failed).

Nothing you can do. It just happens. You wake up, your subnet tokens are gone, and a little bit of TAO that wasn't there before has appeared.

Traded tokens don't get remote-liquidated.

Coat-check tokens for staked $TAO do.

That's what's different here.

[walter @rwally619]

@anduriltech @neros_tech @SwarmSubnet