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Only the true $TAO conviction holders can relate. 👇

2xnmore

45,985 subscribers

33,624 次观看 • 11 天前 •via X (Twitter)

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9 条评论

Dectric 的头像

Dectric11 天前

True holders only 🫡 $TAO

2xnmore 的头像

2xnmore11 天前

🫡🤝

cryptoCleo 的头像

cryptoCleo11 天前

Still holding through the mud

Yuuotsk DEX 的头像

Yuuotsk DEX11 天前

BTC out here carrying us like always

Silvia Val de Ramos 的头像

Silvia Val de Ramos11 天前

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

2xnmore 的头像

2xnmore11 天前

I know right

Michael Yano 的头像

Michael Yano11 天前

Felt this in my soul

Ethan-Repents 🇺🇸 的头像

Ethan-Repents 🇺🇸11 天前

What am I even watching?!😅

Umer Baig 的头像

Umer Baig11 天前

@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.

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