Bittensor Proposes Validator Changes to Enhance Subnet Support
- Validators will select subnets to support, similar to fund management.
- Yield from staked tokens will be reinvested into chosen subnets, reducing selling pressure.
- A code submission for this proposal was made on Bittensor’s GitHub aimed at a test network.
- Two serious issues were flagged during an automated review, which the author stated have been addressed.
- Bittensor’s token, TAO, has decreased by 38% over the past year.
- The current staking yield for TAO is approximately 17%.
This proposal aims to transform validators into active curators of subnets, potentially attracting new capital while penalizing underperforming ones. The mechanism is designed to stabilize subnet prices by reducing constant selling pressure from validators.
As TAO has fallen by 38% in the last year, the proposed changes may help improve its market position and enhance investor confidence in the ecosystem. (Source)
