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Only the true $TAO conviction holders can relate. 👇

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2xnmore

45,985 subscribers

33,624 просмотров • 11 дней назад •via X (Twitter)

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Комментарии: 9

Фото профиля Dectric
Dectric11 дней назад

True holders only 🫡 $TAO

Фото профиля 2xnmore
2xnmore11 дней назад

🫡🤝

Фото профиля cryptoCleo
cryptoCleo11 дней назад

Still holding through the mud

Фото профиля Yuuotsk DEX
Yuuotsk DEX11 дней назад

BTC out here carrying us like always

Фото профиля Silvia Val de Ramos
Silvia Val de Ramos11 дней назад

Lmao this is too real 😭 been in that ditch for months

Фото профиля 2xnmore
2xnmore11 дней назад

I know right

Фото профиля Michael Yano
Michael Yano11 дней назад

Felt this in my soul

Фото профиля Ethan-Repents 🇺🇸
Ethan-Repents 🇺🇸11 дней назад

What am I even watching?!😅

Фото профиля Umer Baig
Umer Baig11 дней назад

@sonaabeyg

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Someone just stole from 37,000 $TAO holders and walked away clean. Not because they broke a rule. Because no rule existed to stop them. That changes today. Here is what happened. Covenant AI ran one of the most watched subnets on Bittensor. On April 10, the founder sold their entire position and disappeared. No warning. No announcement. No on-chain signal. By the time holders found out, the price had already moved against them. This was not a hack. This was not a bug. This was a founder legally exiting into their own community with zero accountability. Bittensor just closed that door permanently. The Conviction upgrade is live on mainnet today. Every emission a subnet owner earns now locks automatically the moment it arrives. They cannot touch it immediately. If they want to exit they must submit a public unlock transaction on-chain. Visible to every single person on the network the second it is submitted. Then the clock starts. 30 days before 63% of their position becomes spendable. 90 days before 95% is accessible. You now have a month of warning before the first dollar of sell pressure hits. A silent exit is no longer possible. The founder has to tell you they are leaving before they can leave. And it goes further. Any holder can now lock their tokens toward a different address they believe would run the subnet better. The address with the most locked support behind it becomes eligible to take over entirely. Bad owners can be replaced by the community before they do damage. Before today, subnet investing had one risk nobody could price. The person running it could vanish overnight, and you would never see it coming. That risk has been removed from the equation. Skin in the game used to be a promise. Now, it is a number on a block explorer that every holder can verify in real time. The people who understand what accountable infrastructure means for the value of $TAO will not need to explain themselves later. This is still early.
23:08

Someone just stole from 37,000 $TAO holders and walked away clean. Not because they broke a rule. Because no rule existed to stop them. That changes today. Here is what happened. Covenant AI ran one of the most watched subnets on Bittensor. On April 10, the founder sold their entire position and disappeared. No warning. No announcement. No on-chain signal. By the time holders found out, the price had already moved against them. This was not a hack. This was not a bug. This was a founder legally exiting into their own community with zero accountability. Bittensor just closed that door permanently. The Conviction upgrade is live on mainnet today. Every emission a subnet owner earns now locks automatically the moment it arrives. They cannot touch it immediately. If they want to exit they must submit a public unlock transaction on-chain. Visible to every single person on the network the second it is submitted. Then the clock starts. 30 days before 63% of their position becomes spendable. 90 days before 95% is accessible. You now have a month of warning before the first dollar of sell pressure hits. A silent exit is no longer possible. The founder has to tell you they are leaving before they can leave. And it goes further. Any holder can now lock their tokens toward a different address they believe would run the subnet better. The address with the most locked support behind it becomes eligible to take over entirely. Bad owners can be replaced by the community before they do damage. Before today, subnet investing had one risk nobody could price. The person running it could vanish overnight, and you would never see it coming. That risk has been removed from the equation. Skin in the game used to be a promise. Now, it is a number on a block explorer that every holder can verify in real time. The people who understand what accountable infrastructure means for the value of $TAO will not need to explain themselves later. This is still early.

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Only boys can relate.. 🤣
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Sensitive content

Only boys can relate.. 🤣

Mona

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Only boys can relate this
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Only boys can relate this

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