Postmodern warfare at Memetic. Previously TaoFi (YC W21, acq.), Stanford math.

Joined September 2021
Astrid has acquired TaoFi! They are the perfect partner to realize TaoFi's vision of being the financial layer for decentralized AI. I have many thoughts on our journey and the future of decentralized AI, but for now I would like to highlight several talented team members who helped build TaoFi and are looking for new roles. If you are hiring engineers (smart contract or full stack), content leads, community managers, or marketing managers, please don't hesitate to reach out for introductions. I will also be moving on from TaoFi, but my current focus is helping this talented group find new roles. I'm grateful for everyone who supported us along the way and excited to see how TaoFi grows under Astrid.
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Another big milestone for SN10
TaoFi's $TAO/USDC pool has exceeded $150m in total volume! The pool serves as the liquidity hub connecting the Bittensor ecosystem to Base. Liquidity providers have earned a total of over $450k with an APR of over 200% Here's how it works:
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Sam Forman retweeted
just used taofi and i forgot how amazing it is
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#TaoFi volume hits $85 million in just 4 months Huge credit to @pgpsam and his team.. they’re making #Bittensor alpha tokens easily accessible for everyone This simplicity is needed 👏 $TAO
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TaoFi went from $0 -> $50m volume over the course of three months $50m -> $85m took two weeks
TaoFi's $TAO/USDC LP has exceeded $85m in all time volume, accumulating over $250k in trading fees! The pool is a liquidity hub for subnet token trades from Base, making it critical for crosschain swaps. Earn >370% APR by depositing $TAO or USDC. TaoFi.com/pool
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Another day, another new all-time high for daily volume and fees
The growth just won't stop. ANOTHER record-breaking day for SN10! Over $5m in swaps in the past 24 hours, racking up over $15k in fees. Start earning >750% APR on $TAO/USDC today at TaoFi.com/pool
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That was fast: @_taofi_ sets a new record with over $3m in daily trading volume and $9.5k in fees, powered by SN10. Liquidity providers continue to make a killing (almost 600% APR!) at taofi.com/pool
Record setting day for SN10 and @_taofi_ $2m daily trading volume $6k daily fees 650% APR for depositing $TAO or USDC at taofi.com/pool
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Record setting day for SN10 and @_taofi_ $2m daily trading volume $6k daily fees 650% APR for depositing $TAO or USDC at taofi.com/pool
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You can now borrow USDC against staked $TAO on Bittensor EVM. Huge step forward for the ecosystem and for $TAO.
Lending and borrowing for $TAO is now live on TaoFi, powered by @SturdyFinance Borrow USDC against staked $TAO to gain liquidity while maintaining TAO exposure, or lend USDC for supercharged yield without active management Get started at taofi.com/borrow How it works:
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Huge launch today from @_taofi_, will make it much easier for users who are new to Bittensor to research subnets. Every subnet now has its own dedicated page with an embedded widget to buy the subnet token from Base.
TaoFi is bringing Bittensor subnets to the masses. Today, we made it even easier to research and buy subnet tokens from Base. TaoFi's subnet screener is now live: research subnets, check charts, and buy subnet tokens from Base all in one place at taofi.com/subnets
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>$4,500 in daily fees for @_taofi_ next milestone: $5,000/day ⏳ taofi.com/pool
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As of now, you can buy Bittensor $TAO subnet tokens on Base: taofi.com/swap Use your metamask wallet. Buy with Tether, USDC or ETH. Subnet tokens go into your metamask. Things just got a LOT easier for new entrants.
Starting today, the world of Bittensor is open to the Base ecosystem: Bittensor subnets can now be traded from Base! 128 decentralized AI companies ➡️ 1 click Trade the future of AI at taofi.com
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I tested the $TAO @base bridge and it works. ✅ USDC on Base network to Chutes native on Bittensor. ✅ Chutes purchased above back to USDC on Base. I saw my transactions in the Bittensor blockchain and EVM Bittensor. Fucking based @SturdyFinance @_taofi_
Starting today, the world of Bittensor is open to the Base ecosystem: Bittensor subnets can now be traded from Base! 128 decentralized AI companies ➡️ 1 click Trade the future of AI at taofi.com
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Sam Forman retweeted
Starting today, the world of Bittensor is open to the Base ecosystem: Bittensor subnets can now be traded from Base! 128 decentralized AI companies ➡️ 1 click Trade the future of AI at taofi.com
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Ironing out some final bugs -- the end result will be worth the wait! DM for beta access 👀
Audit results are in. Subnet summer starts next week. $TAO
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Audit results are in. Subnet summer starts next week. $TAO
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You mean like this?
stable -> alpha stake now 1 click wen ?
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Thanks to SN10, the price impact for buying 100 $TAO on @_taofi_ has gone from 3% ➡️ <0.3% in less than 1 week! taofi.com/swap
It's been less than a week since SN10 started incentivizing $TAO liquidity on @_taofi_, and the pool is already much more liquid. Last week, the price impact of buying 100 $TAO was ~12%; now it's under 3%. I suspect we'll get to <0.5% by the end of the month.
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It's been less than a week since SN10 started incentivizing $TAO liquidity on @_taofi_, and the pool is already much more liquid. Last week, the price impact of buying 100 $TAO was ~12%; now it's under 3%. I suspect we'll get to <0.5% by the end of the month.
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