Notes
$TAOBOT looking good here.
Follow the updates on @taodotbot.
Ur best bet for the $tao ecosystem and dTAO exposure.
Tech is gud. I like the idea of $TAO as the next reserve currency, the bitcoin of AI.
> $TAOBOT will follow.
If u r bullish on $tao, u r bullish on $taobot. Smart wallets are positioning accordingly:
The tao validator by taobot (just like any validator on Bittensor) has achieved the highest APY on the whole Bittensor network over the last week.
Because of this, native TAO users have begun moving their TAO to the taobot validator, where it has seen over 30,000 TAO ($8.9M) staked, just during this period. Total of 47.3k TAO ($14M) staked currently.
Soon native tao support & subnets on evm, along with UX improvements. Taobot is set to be the go-to platform for everyone to explore/invest in the tao ecosystem.
On top of that, imagine what happpens when staking & revshare starts and eventually drop of tax..
$TAOBOT will be the Phantom of $TAO.
Solid thesis. Subnets will be a big hype.
$TAOBOT soon to release its (evm) dex with also crosschain swaps, bridge & DCA options.
The defi hub of $tao ;)
Dynamic $TAO live. Chart breaking out of weeks down trend.
Final chance to get into $taobot before it hits escape velocity.
Only crosschain (non-evm) dex for tao ecosystem.
$TAOBOT solves this.
Going live any moment.
@taodotbot |
If u are bullish on $TAO, you are bullish on $taobot. The r/r here is insane.
Lots of people asking me why I said that $wTAO is cooked, let me explain:
wTAO is nothing else than an imaginary token minted on Ethereum. There is an centralized entity, not endorsed / backed by the Bittensor Foundation. People trust that this Anon is actually backing wTAO with native $TAO. This is actually nothing new in crypto as people often prefer simplicity over decentralisation. I am also not implying that they will rug. In fact, that would be extremely stupid to do so, bc they are getting rich off people without even risking anything!
How? Well, they not only earn millions with LP fees but they ALSO stake native TAO that they bought with your money while giving u an imaginary token, wTAO. The current market cap of wTAO = 55M. Imagine staking 55M worth of TAO that they didnt even pay for in the beginning. This staking revenue should in fact be shared with wTAO holders ofc. Do u feel ripped off?
Well, when $TAOBOT dex is live (= with dTAO release), u will be able to hold native TAO on their dex wallet. They dont have custody over your holdings and u can decide if u want to stake or not. Why would someone still buy wTAO? Maybe only in the beginning as they trust it bc they didnt rug / depeg for a long time, but eventually, people will prefer to have native TAO + full custody IF its as easy as evm chains. Thats exactly the power of https://t.co/o2VpgAnone. Now imagine what happens when taobot captures that volume / market share of wTAO on top of the subnet tokens...
Yep, we early fam.
https://t.co/ryCS1Uo6zt
$TAO > $TAOBOT
IYKYK
$TAOBOT keeps partnering with subnets.
With already >200subnets registered for the dTAO testnet, TAOBOT will be the only legit gateway to the $TAO ecosystem.
TAOBOT has a premium status; partnering = legit subnet token.
Millions of revenue coming.
dTAO gonna open a whole new AI ecosystem.
$TAOBOT will be your gate to it.
Do not underestimate.
$TAO
The $TAO ecosystem showed a lot traction after this tweet. Real party yet to start.
Always the same with trending narratives:
left-curve pump everything, followed by legit projects outperforming.
Therefore, decided to invest in $taobot @taodotbot
👇🏻