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About TaiNet
Introducing yTAO: The First Native TAO Compatible, Yield-Optimized-By-AI, Liquid Staking Token (LST) For The Bittensor Ecosystem
With its launch in March 2023, Bittensor single-handedly revolutionized both the AI and blockchain markets with its decentralized marketplace for machine learning. By creating a peer-to-peer market for machine intelligence, it provided a platform for AI developers to get access to an incentivized network of machine learning models.
At the heart of its innovative model lies the TAO token, which represents the contributions that individual developers have made to the network and the quality of their models. TAO effectively serves as a representation of the collective intelligence and insights contained within the network.
However, the TAO token currently faces two major hurdles in unlocking its full value. Firstly, to earn yield on their TAO tokens, holders must stake them, which locks them up, making them inaccessible for deploying in further yield-bearing activities. Meanwhile, the process of staking involves delegating your TAO to subnet validators. Determining the optimal subnet validator to delegate to on an ongoing basis is an active process with many complex variables, meaning most stakers are receiving suboptimal yields.
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Market Stats
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Circ. Supply
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Performance
Popularity
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Dominance
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Volume (7D)
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Additional details
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TAI vs markets
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TAI vs BTC
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TAI vs ETH
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x5BECD80848E096D065f27C3b1498553C705C77eD |
Price history
Time | Price | Change |
|---|---|---|
Today | CA$0.002083 | |
1 Day | CA$0.002083 | |
1 Week | CA$0.002087 | |
1 Month | CA$0.002499 | |
1 Year | CA$0.007626 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Social stats
Popularity in posts
#1067
Contributors
27
Posts
43
% About TaiNet
0.008%
Articles
0
X (Twitter)
44.19% bullish
Sentiment
5.0 ★
Highlights
27 unique individuals are talking about TaiNet and it is ranked #1,067 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, TaiNet has an average sentiment score of 5.0 out of 5. Finally, TaiNet is becoming less newsworthy, with 0 news articles published about TaiNet.
On Twitter, people are mostly neutral about TaiNet. There were 44.19% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about TaiNet. 55.81% of tweets were neutral about TaiNet. These sentiments are based on 43 tweets.
On Reddit, TaiNet was mentioned in 0 Reddit posts and there were 0 comments about TaiNet. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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