Degeneve (@BitLoic) header
Degeneve (@BitLoic) profile picture

τ

Geneva
Joined August 2021
Photo by Degeneve (@BitLoic)Photo by Degeneve (@BitLoic)Photo by Degeneve (@BitLoic)Photo by Degeneve (@BitLoic)Photo by Degeneve (@BitLoic)Photo by Degeneve (@BitLoic)Photo by Degeneve (@BitLoic)Photo by Degeneve (@BitLoic)
Degeneve retweeted
Last week, $TAO lender APY on Mentat Lend went from 12% to 22% in a single hour. The pool did not change. Borrowing demand did. Here is the mechanism: Lenders deposit TAO into a pool. Alpha holders borrow from that pool and pay interest on what they borrow. That interest is the lenders’ yield. When a larger share of the pool is borrowed, utilization rises, and the interest rate rises with it. Every lender in the pool earns more. This is standard lending mechanics, the same logic behind the largest credit markets in DeFi. It is exactly why APYs this high are possible on $TAO. If utilization keeps rising, lender APY can go well past last week’s 22%.
One hour later, borrowing demand is up again. 22.22% APY on your $TAO now.
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The crypto market might not look particularly exciting right now. But never forget where Bittensor came from. Look at how far we've come. Look at where we are today. And above all, try to imagine where we could be tomorrow. Four years ago, when I discovered Bittensor, I could never have imagined seeing Const doing interviews like this. Back then, almost nobody knew about this network. Today, the world is starting to pay attention. And I'm convinced of one thing: more and more people will come to listen to Const, understand his vision, and discover Bittensor. But here's what really interests me. What happens when market sentiment turns positive again? When investors regain their enthusiasm and appetite for risk? One name will resurface in their minds: BITTENSOR. And with it, one ticker: $TAO. While some stare at charts in boredom, others capitulate, and many wait for the return of euphoria, the best teams in the network keep building, innovating, and delivering real products. They don't need the market's permission to move forward. Of course, not every subnet will succeed. The selection process will be ruthless. But the real builders may have gained a considerable head start by the time the spotlight returns. Recognition sometimes comes before adoption. And adoption sometimes comes before valuation. I don't know when the market will start smiling again. But I know why I continue to follow Bittensor with such strong conviction. Patience is key. Research is essential. And time could become the greatest ally of those who recognize value before the crowd does. Keep building. Keep researching. Stay patient. 🔥 $TAO #Bittensor #dTAO
OpenAI and Anthropic aren't threatened by Bittensor. Yet. @const_reborn says centralized AI labs may take open systems seriously once they start threatening their incentives and revenue models. The real test begins when open AI gets in their way. nitter.gq/BitcoinNews/status/211…
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Degeneve retweeted
we're heading into an economic climate where just noise doesn't get you through the door anymore. buybacks, revenue and customers are what truly matter to self sustaining economies. for a long time "no one knows what bittensor does" was a fair assessment at surface level and rightly so we didn't make it easy for the market to understand. but I think our fledgling network state is starting to bang its own drum. bittensor:native
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Degeneve retweeted
Where's Waldo now? Max is powered by Bittensor :)
don’t think i’m working or anything, i’m just a tourist
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Degeneve retweeted
don’t think i’m working or anything, i’m just a tourist
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Degeneve retweeted
I wouldn’t be surprised if the next AI rotation moves from NVIDIA stock to decentralized AI tokens. bittensor:native is the ticker i am watching. 👀
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Degeneve retweeted
thanks @roaner, @AMD and @joinstationf for this great podcast opportunity
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OpenAI and Anthropic aren't threatened by Bittensor. Yet. @const_reborn says centralized AI labs may take open systems seriously once they start threatening their incentives and revenue models. The real test begins when open AI gets in their way. nitter.gq/BitcoinNews/status/211…
🤖 AI’s next battle may be over who controls the compute. Bittensor co-founder @const_reborn tells @2084Richardson at @ExploitSummit why open-source AI could threaten the biggest labs. The interesting part starts when they notice. 👀
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Degeneve retweeted
Replying to @SubnetSummerTAO
a team of 4 engineers + myself.
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The Bittensor chain has undergone 61 upgrades this year alone. That’s more upgrades than its fellow Substrate chains, including Polkadot and Kusama, as well as major L1 networks like Ethereum, Solana, NEAR, Sui, and Cardano. The philosophy is simple: move fast. AI is evolving rapidly, and keeping pace requires Bittensor to continue building, improving, and upgrading at speed. But that pace comes with challenges. Subnet owners often have to adjust their operations to accommodate network upgrades, while businesses considering building on Bittensor may wonder whether the frequency of these changes makes launching and maintaining a subnet too demanding. Is this the price of moving fast, or could the pace of upgrades become a barrier for subnet owners and businesses looking to build on Bittensor?
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Degeneve retweeted
The best APY on your $TAO. 22% right now on Mentat Lend, 17 points above root.
One hour later, borrowing demand is up again. 22.22% APY on your $TAO now.
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Bittensor now has quantum resistant wallets at the protocol level. While most networks are still writing roadmaps, $TAO is shipping code. One of the most important upgrades this year.
Bittensor unveils quantum-resistant wallets. As AI renews debate over cryptographic security, the update gives users post-quantum signatures and the option to replace signing keys automatically.
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Bittensor unveils quantum-resistant wallets. As AI renews debate over cryptographic security, the update gives users post-quantum signatures and the option to replace signing keys automatically.
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Degeneve retweeted
i’m in the business of making businesses autonomous
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Degeneve retweeted
there will be signs
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Degeneve retweeted
A lot of people don't like TAO because they keep updating the protocol, sometimes new features, sometimes tweaks to existing features. But AI is an arms race; you have to move fast or you'll get left behind. Consequently, the speed that the protocol improves at, is one reason why I like Bittensor so much.
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Degeneve retweeted
video.affine.io first model release:
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$TAO Bittensor will soon give subnet owners more autonomy over how emissions are distributed. If you’re a visual learner, this ELI5 video will probably help. Get familiar with eTAO before it goes on-chain.
Your validator can keep doing its job and still have fewer rewards to share. In $TAO Bittensor, the merged eTAO code would let subnet owners move alpha rewards from the validator bucket to miners. That could help fund the work a product needs, while leaving less for the alpha stakers paid from that bucket. Root is paid from that bucket too. Protecting its calculated reference share doesn’t mean protecting your alpha staking yield. Before choosing a position by APY, understand who can change the split. I followed 100 alpha through eTAO to show where the extra miner rewards come from and who receives less. taooutsider.com/blog/etao-ex…
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The main $SOL account mentioning a $TAO Bittensor subnet is really interesting. This must mean something relevant happening here at @openroboto right?
JUST IN: SN80 (@openroboto), the largest robotics subnet on @bittensor, integrates peaqOS All devices now have an ID and wallet on Solana, and can be verified and paid for their performance directly on Solana using @peaq
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Degeneve retweeted
JUST IN: SN80 (@openroboto), the largest robotics subnet on @bittensor, integrates peaqOS All devices now have an ID and wallet on Solana, and can be verified and paid for their performance directly on Solana using @peaq
We’re bringing @peaq’s machine identity infrastructure to OpenRoboto Shift. Our first 30 OR-S1 data collectors now use peaqOS Pro, each with its own decentralized identity (DID) on @solana.
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