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Bittensor Co-founder Denies Suspending Subnet Emissions
The Block·
Jacob Steeves, a co-founder of Bittensor, has refuted claims that subnet emissions were suspended. He clarified that any token sales represented a minimal portion, less than one percent, of his total holdings. This statement comes amid discussions following the exit of Covenant AI, addressing concerns about potential market manipulation or significant sell-offs by key figures within the Bittensor ecosystem. Steeves's comments aim to reassure the community regarding the stability and integrity of Bittensor's tokenomics and network operations.
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Original Source
The Block — theblock.co