Creating Gamma always burns the subnet’s alpha, permanently removing those tokens from circulation.
Openτensor Foundaτion@opentensorCreating Gamma always burns the subnet’s alpha, permanently removing those tokens from circulation. When customers pay with TAO, the protocol first buys alpha from the subnet’s pool. This directly links purchases of a subnet’s service credits to burns of its alpha. Both credit creation and spending are recorded on-chain and publicly visible.
Taosis newsletters
Taosis News: the week’s articles from the subnet teams, the press and community newsletters, every Friday. Taosis Weekly: the week’s movers, best yields and chain events, with dollar values, every Monday. Past issues
More from the feed
Taosis indexes announcements, articles, posts and releases about Bittensor subnets from their own channels and keeps a record of each. The text above is the source’s; the figures are read from the chain by Taosis.