🧠 Bittensor $TAO update: Etao Bittensor just introduced a major change to how subnet economics work. Until now, subnet alpha emissions followed essentially the same fixed split: - 18% → owner - 41% → validators - 41% → miners Etao — “Expressive TAO” — lets each subnet owner choose how that emission is divided. 1️⃣ Subnets can design around their own economics A compute-heavy subnet can direct more emission toward miners. A subnet that depends on expensive evaluation can allocate more toward validators. An owner can even reduce their own share to 0%. 2️⃣ Root stakers remain protected Changing a subnet’s validator share does not let the owner reduce Root’s baseline payout. The chain calculates Root’s baseline share independently every block and pays it from the validator allocation before alpha validators receive the remainder. 3️⃣ There are still guardrails - miners must receive at least 33% - owner share is capped at 33% - validators can receive at most 50% - validator allocation must remain above Root’s live baseline Owners can update the split roughly once every 7 days. 4️⃣ Total subnet emission does not change Etao changes how a subnet distributes its alpha — not the amount of emission the subnet receives. It also does not directly change pool liquidity, subnet price, chain buys, or the global TAO weight. The bigger idea is simple: Bittensor subnets no longer have to share one economic model. Compute markets, training networks, evaluation systems, and other digital commodities can now tune incentives around what their own markets actually need. That makes subnet design considerably more expressive. Trade & research subnets → tao.bot/explore