Crypto 350

06/17 15:54

A new Bittensor proposal would turn validators int

#World Cup Predictions: 100,000 USDT Daily #TradFi Trading Strategies Sharing Challenge #HTX Creation Challenge — Post and Win 1,500U 💥 A new Bittensor proposal would turn validators into something like fund managersnew proposal for Bittensor, the decentralized AI network behind the TAO token, would change how the network pays its validators and turn them into something closer to fund managers. Bittensor is built from dozens of subnets, each a marketplace for a different AI task, with its own token. TAO is the network's main token. Users earn yield by staking TAO to validators on the root, the layer considered the network's safest place to park capital. The new proposal changes how yield is paid.Right now, the system funds it by selling the rewards owed to root stakers and automatically swapping out subnet tokens for TAO. That means the network is constantly selling the very tokens its subnets are built on, which drives down their prices. The proposal, called Root Reborn and submitted by developer 'unconst,' flips that. Instead of selling everything, each validator would choose a set of subnets to support, much like picking holdings for a fund. The yield that would have been sold is reinvested into the chosen subnets, held as a basket that compounds over time, and staked back to the validator. Stakers still get their yield and can cash out to TAO whenever they want. Such a mechanism stops the constant selling pressure and turns it into net buying that supports subnet prices

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