Bittensor proposes burning 10% supply to stabilize TAO following $8 million exploit

Assad Jafri

OpenTensor Foundation (OTF) has proposed burning 10% of the Bitttensor (TAO) supply to stabilize the token’s price in response to a recent exploit that led to the loss of $8 million worth of the tokens. The decentralized AI network has put forward a vote for users to decide on the burn. Active voters participating in […]

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Bittensor proposes burning 10% supply to stabilize TAO following $8 million exploit