Three Revenue Engines

Real-Time Trading

High Frequency Focus

Deploy winning model-strategy pairs. Profits distributed as dividends. Emissions scale with performance.

Bittensor Emissions

Scales with Performance

TAO rewards scale with subnet performance. Models that succeed in live trading earn more future emissions.

Holder Incentives

Conviction

Alpha token holder incentives, support emissions to compensate miners.

Profit Allocation & Tokenomics

LP capital converts into alpha locked to the subnet's owner hotkey, while trading revenue is recycled into TAO buy-flow that lifts the subnet's emission share and staking yield becomes a direct function of fund performance.

LP lock and redemption

Parameters

Defaults are mainnet values: UnlockRate 934,866 blocks (~130 d) and MaturityRate 311,622 blocks (~43 d).

Alpha yield as a function of trade revenue

Parameters

Break-even is currently —; the annual buy-flow needed just to hold price flat is —.

LP return = fixed alpha yield × price path

Where price is flat, the LP still earns the alpha yield. That intercept is the floor.

Parameters

Nominal alpha yield is — at current settings, stakers receive — of daily α_out at this subnet age. The trade desk manages LP positions to optimize their return.

Roadmap

MAR '26
Hackathon
OCT '26
Subnet Registration
Q2–Q3 '27
LP Yield Live