<?xml version="1.0" encoding="UTF-8"?>
<feed xmlns="http://www.w3.org/2005/Atom" xml:lang="en">
  <id>https://taopedia.org/wiki/category/Tokenomics/atom.xml</id>
  <title>Taopedia - Tokenomics articles</title>
  <subtitle>Recently updated Taopedia articles in the Tokenomics topic.</subtitle>
  <link rel="alternate" href="https://taopedia.org/wiki/category/Tokenomics/" />
  <link rel="self" type="application/atom+xml" href="https://taopedia.org/wiki/category/Tokenomics/atom.xml" />
  <logo>https://taopedia.org/logo.svg</logo>
  <icon>https://taopedia.org/favicon-32x32.png</icon>
  <updated>2026-06-30T15:41:58.000Z</updated>
  <author><name>Taopedia</name></author>
  <entry>
    <id>https://taopedia.org/wiki/incentives/</id>
    <title>Incentives</title>
    <link rel="alternate" href="https://taopedia.org/wiki/incentives/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/incentives.png" />
    <updated>2026-06-30T15:41:58.000Z</updated>
    <published>2026-06-01T15:56:42.000Z</published>
    <summary>How incentives name the miner-facing reward portion of Bittensor emissions inside a subnet.</summary>
    <category term="Tokenomics" />
    <category term="Mining" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/burn_cost/</id>
    <title>Burn Cost</title>
    <link rel="alternate" href="https://taopedia.org/wiki/burn_cost/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/burn_cost.png" />
    <updated>2026-06-30T15:10:39.000Z</updated>
    <published>2026-06-01T15:22:26.000Z</published>
    <summary>How burn cost names the dynamic recycled-TAO amount required to create a Bittensor subnet.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/mev_maximal_extractable_value/</id>
    <title>MEV (Maximal Extractable Value)</title>
    <link rel="alternate" href="https://taopedia.org/wiki/mev_maximal_extractable_value/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/mev_maximal_extractable_value.png" />
    <updated>2026-06-30T13:33:42.000Z</updated>
    <published>2026-06-22T15:58:50.000Z</published>
    <summary>How MEV names the value extractable by manipulating transaction ordering in Bittensor&apos;s mempool context.</summary>
    <category term="Safety" />
    <category term="Transactions" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/sandwich_attack/</id>
    <title>Sandwich Attack</title>
    <link rel="alternate" href="https://taopedia.org/wiki/sandwich_attack/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/sandwich_attack.png" />
    <updated>2026-06-30T13:29:47.000Z</updated>
    <published>2026-06-22T16:03:04.000Z</published>
    <summary>How a sandwich attack names a transaction ordering exploit that wraps a target transaction between two adversarial ones in Bittensor.</summary>
    <category term="Safety" />
    <category term="Transactions" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/front_running/</id>
    <title>Front-Running</title>
    <link rel="alternate" href="https://taopedia.org/wiki/front_running/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/front_running.png" />
    <updated>2026-06-30T13:22:28.000Z</updated>
    <published>2026-06-23T20:11:04.000Z</published>
    <summary>How front-running observes a pending swap in Bittensor&apos;s subnet pools and orders ahead of it, and how price protection and the MEV shield blunt it.</summary>
    <category term="Safety" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/subnet_deregistration/</id>
    <title>Subnet Deregistration</title>
    <link rel="alternate" href="https://taopedia.org/wiki/subnet_deregistration/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/subnet_deregistration.png" />
    <updated>2026-06-30T12:37:45.000Z</updated>
    <published>2026-06-19T06:49:20.000Z</published>
    <summary>How Bittensor removes an eligible subnet when the subnet cap is full and a new subnet needs a slot.</summary>
    <category term="Subnets" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/delegation_rewards/</id>
    <title>Delegation Rewards</title>
    <link rel="alternate" href="https://taopedia.org/wiki/delegation_rewards/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/delegation_rewards.png" />
    <updated>2026-06-30T12:34:13.000Z</updated>
    <published>2026-06-23T07:33:34.000Z</published>
    <summary>How a delegator earns a share of a validator&apos;s rewards in proportion to the stake it adds, after the validator&apos;s take.</summary>
    <category term="Staking" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/miner_incentive/</id>
    <title>Miner Incentive</title>
    <link rel="alternate" href="https://taopedia.org/wiki/miner_incentive/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/miner_incentive.png" />
    <updated>2026-06-30T12:32:42.000Z</updated>
    <published>2026-06-22T15:41:08.000Z</published>
    <summary>How miner incentive names the emission share Bittensor miners receive for their work in a subnet.</summary>
    <category term="Tokenomics" />
    <category term="Mining" />
    <category term="Consensus" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/validator_take/</id>
    <title>Validator Take</title>
    <link rel="alternate" href="https://taopedia.org/wiki/validator_take/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/validator_take.png" />
    <updated>2026-06-30T12:31:40.000Z</updated>
    <published>2026-06-01T15:33:01.000Z</published>
    <summary>How validator take describes the share a validator keeps from delegated-stake emissions before the remaining emissions flow to stakers.</summary>
    <category term="Staking" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/dividends/</id>
    <title>Dividends</title>
    <link rel="alternate" href="https://taopedia.org/wiki/dividends/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/dividends.png" />
    <updated>2026-06-30T12:20:13.000Z</updated>
    <published>2026-06-01T16:40:57.000Z</published>
    <summary>How dividends describe the validator-side emission result produced from bonds and miner incentives in Bittensor.</summary>
    <category term="Tokenomics" />
    <category term="Consensus" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/conviction_and_locked_stake/</id>
    <title>Conviction and Locked Stake</title>
    <link rel="alternate" href="https://taopedia.org/wiki/conviction_and_locked_stake/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/conviction_and_locked_stake.png" />
    <updated>2026-06-30T10:11:42.000Z</updated>
    <published>2026-06-01T16:49:48.000Z</published>
    <summary>How locked stake builds conviction as a public commitment signal in Bittensor staking.</summary>
    <category term="Staking" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/block_reward/</id>
    <title>Block Reward</title>
    <link rel="alternate" href="https://taopedia.org/wiki/block_reward/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/block_reward.png" />
    <updated>2026-06-30T09:43:16.000Z</updated>
    <published>2026-06-22T23:38:06.000Z</published>
    <summary>How much TAO Bittensor creates each block for the whole network, and how supply-based halvings cut that per-block reward over time.</summary>
    <category term="Tokenomics" />
    <category term="TAO" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/subnet_liquidity_pools/</id>
    <title>Subnet Liquidity Pools</title>
    <link rel="alternate" href="https://taopedia.org/wiki/subnet_liquidity_pools/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/subnet_liquidity_pools.png" />
    <updated>2026-06-30T09:19:32.000Z</updated>
    <published>2026-05-31T20:02:19.000Z</published>
    <summary>How Bittensor subnet pools connect paired TAO and alpha reserves to staking, unstaking, slippage, and emissions.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/crowdloans/</id>
    <title>Crowdloans</title>
    <link rel="alternate" href="https://taopedia.org/wiki/crowdloans/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/crowdloans.png" />
    <updated>2026-06-30T06:47:59.000Z</updated>
    <published>2026-06-19T06:37:09.000Z</published>
    <summary>How a Bittensor crowdloan lets contributors collectively fund an extrinsic execution or transfer, commonly for subnet creation.</summary>
    <category term="Subnets" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/subnet_lease/</id>
    <title>Subnet Lease</title>
    <link rel="alternate" href="https://taopedia.org/wiki/subnet_lease/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/subnet_lease.png" />
    <updated>2026-06-30T06:42:42.000Z</updated>
    <published>2026-06-19T16:08:57.000Z</published>
    <summary>How a subnet lease names the split-profit-ownership arrangement that gives a leased subnet a designated beneficiary and a set of contributor shareholders.</summary>
    <category term="Subnets" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/network_min_lock_cost/</id>
    <title>Network Min Lock Cost</title>
    <link rel="alternate" href="https://taopedia.org/wiki/network_min_lock_cost/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/network_min_lock_cost.png" />
    <updated>2026-06-30T05:34:24.000Z</updated>
    <published>2026-06-29T17:04:14.000Z</published>
    <summary>How the network min lock cost global setting sets the floor on the TAO lock cost required to register a new subnet, separate from the dynamic cost that rises with demand.</summary>
    <category term="Subnets" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/subnet_registration/</id>
    <title>Subnet Registration</title>
    <link rel="alternate" href="https://taopedia.org/wiki/subnet_registration/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/subnet_registration.png" />
    <updated>2026-06-30T05:16:54.000Z</updated>
    <published>2026-06-19T13:19:35.000Z</published>
    <summary>How subnet registration creates a new Bittensor subnet by paying a registration burn, assigning a unique netuid, and opening a new incentive market.</summary>
    <category term="Subnets" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/subnet_symbol/</id>
    <title>Subnet Symbol</title>
    <link rel="alternate" href="https://taopedia.org/wiki/subnet_symbol/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/subnet_symbol.png" />
    <updated>2026-06-30T05:03:40.000Z</updated>
    <published>2026-06-22T23:15:00.000Z</published>
    <summary>How Bittensor denotes TAO and each subnet&apos;s alpha token with symbols, so a quantity can be tied to the subnet it belongs to.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/validator_dividend/</id>
    <title>Validator Dividend</title>
    <link rel="alternate" href="https://taopedia.org/wiki/validator_dividend/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/validator_dividend.png" />
    <updated>2026-06-30T03:58:00.000Z</updated>
    <published>2026-06-22T15:36:09.000Z</published>
    <summary>How validator dividend names the emission share Bittensor validators receive for their consensus role.</summary>
    <category term="Tokenomics" />
    <category term="Staking" />
    <category term="Consensus" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/tx_delegate_take_rate_limit/</id>
    <title>Tx Delegate Take Rate Limit</title>
    <link rel="alternate" href="https://taopedia.org/wiki/tx_delegate_take_rate_limit/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/tx_delegate_take_rate_limit.png" />
    <updated>2026-06-30T03:47:31.000Z</updated>
    <published>2026-06-29T17:32:46.000Z</published>
    <summary>How the tx delegate take rate limit sets the block-counted cooldown that paces how often a delegate&apos;s take can be increased on chain.</summary>
    <category term="Staking" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/alpha_halving/</id>
    <title>Alpha Halving</title>
    <link rel="alternate" href="https://taopedia.org/wiki/alpha_halving/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/alpha_halving.png" />
    <updated>2026-06-30T03:37:38.000Z</updated>
    <published>2026-06-19T13:29:57.000Z</published>
    <summary>How alpha halving reduces a subnet&apos;s alpha-token emission rate at subnet-specific supply milestones.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/start_call/</id>
    <title>Start Call</title>
    <link rel="alternate" href="https://taopedia.org/wiki/start_call/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/start_call.png" />
    <updated>2026-06-30T03:03:56.000Z</updated>
    <published>2026-06-22T22:53:51.000Z</published>
    <summary>How a start call activates a newly created Bittensor subnet so it begins its first emission period.</summary>
    <category term="Subnets" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/burning/</id>
    <title>Burning</title>
    <link rel="alternate" href="https://taopedia.org/wiki/burning/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/burning.png" />
    <updated>2026-06-30T01:51:23.000Z</updated>
    <published>2026-06-08T20:32:51.000Z</published>
    <summary>How burning removes tokens from spendable circulation in Bittensor tokenomics.</summary>
    <category term="Tokenomics" />
    <category term="TAO" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/recycling_and_burning/</id>
    <title>Recycling and Burning</title>
    <link rel="alternate" href="https://taopedia.org/wiki/recycling_and_burning/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/recycling_and_burning.png" />
    <updated>2026-06-30T01:49:08.000Z</updated>
    <published>2026-06-01T14:45:05.000Z</published>
    <summary>How Bittensor distinguishes re-emittable recycled tokens from tokens permanently removed from effective circulation.</summary>
    <category term="Tokenomics" />
    <category term="TAO" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/alpha_distribution_ratio/</id>
    <title>Alpha Distribution Ratio</title>
    <link rel="alternate" href="https://taopedia.org/wiki/alpha_distribution_ratio/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/alpha_distribution_ratio.png" />
    <updated>2026-06-30T01:34:35.000Z</updated>
    <published>2026-06-01T14:17:18.000Z</published>
    <summary>How Alpha Distribution Ratio frames distributed subnet alpha against pool-injected alpha in Dynamic TAO.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/halving/</id>
    <title>Halving</title>
    <link rel="alternate" href="https://taopedia.org/wiki/halving/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/halving.png" />
    <updated>2026-06-30T01:31:53.000Z</updated>
    <published>2026-06-08T20:10:54.000Z</published>
    <summary>How halving describes a scheduled reduction in token emission rate.</summary>
    <category term="Tokenomics" />
    <category term="Emissions" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/emission/</id>
    <title>Emission</title>
    <link rel="alternate" href="https://taopedia.org/wiki/emission/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/emission.png" />
    <updated>2026-06-30T01:26:31.000Z</updated>
    <published>2026-06-18T20:10:15.000Z</published>
    <summary>How emission names Bittensor&apos;s process for creating and allocating TAO and subnet-specific alpha tokens.</summary>
    <category term="Tokenomics" />
    <category term="Staking" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/slippage/</id>
    <title>Slippage</title>
    <link rel="alternate" href="https://taopedia.org/wiki/slippage/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/slippage.png" />
    <updated>2026-06-30T01:18:45.000Z</updated>
    <published>2026-05-31T23:19:25.000Z</published>
    <summary>How slippage affects Bittensor staking and unstaking when subnet pools convert between TAO and alpha tokens.</summary>
    <category term="Tokenomics" />
    <category term="Staking" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/halving_mechanisms/</id>
    <title>Halving Mechanisms</title>
    <link rel="alternate" href="https://taopedia.org/wiki/halving_mechanisms/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/halving_mechanisms.png" />
    <updated>2026-06-30T01:15:24.000Z</updated>
    <published>2026-05-31T11:06:40.000Z</published>
    <summary>How Bittensor uses supply-based TAO and subnet alpha halvings to reduce emission rates.</summary>
    <category term="Tokenomics" />
    <category term="Emissions" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/bittensor_emissions/</id>
    <title>Bittensor Emissions</title>
    <link rel="alternate" href="https://taopedia.org/wiki/bittensor_emissions/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/bittensor_emissions.png" />
    <updated>2026-06-30T00:35:04.000Z</updated>
    <published>2026-05-31T23:59:39.000Z</published>
    <summary>How Bittensor emissions connect newly created TAO and subnet alpha tokens to subnet incentives, validators, miners, and stakers.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/protocol_alpha/</id>
    <title>Protocol Alpha</title>
    <link rel="alternate" href="https://taopedia.org/wiki/protocol_alpha/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/protocol_alpha.png" />
    <updated>2026-06-30T00:31:39.000Z</updated>
    <published>2026-06-19T07:02:38.000Z</published>
    <summary>How protocol alpha names subnet alpha accumulated by the Bittensor protocol itself during reserve injection, settled pro-rata when a subnet dissolves.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/tao/</id>
    <title>TAO</title>
    <link rel="alternate" href="https://taopedia.org/wiki/tao/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/tao.png" />
    <updated>2026-06-30T00:28:25.000Z</updated>
    <published>2026-06-01T04:23:14.000Z</published>
    <summary>The network token used in Bittensor incentive, staking, subnet reserve, and emissions context.</summary>
    <category term="Tokenomics" />
    <category term="TAO" />
    <category term="Staking" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/subnet_markets/</id>
    <title>Subnet Markets</title>
    <link rel="alternate" href="https://taopedia.org/wiki/subnet_markets/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/subnet_markets.png" />
    <updated>2026-06-30T00:25:03.000Z</updated>
    <published>2026-06-01T00:51:47.000Z</published>
    <summary>How Bittensor subnets create markets for specialized digital work, evaluation, staking, and emissions.</summary>
    <category term="Subnets" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/liquidity_positions/</id>
    <title>Liquidity Positions</title>
    <link rel="alternate" href="https://taopedia.org/wiki/liquidity_positions/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/liquidity_positions.png" />
    <updated>2026-06-30T00:21:32.000Z</updated>
    <published>2026-06-01T16:29:45.000Z</published>
    <summary>How liquidity positions supply range-based subnet liquidity around TAO and subnet alpha pools.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/alpha_outstanding/</id>
    <title>Alpha Outstanding</title>
    <link rel="alternate" href="https://taopedia.org/wiki/alpha_outstanding/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/alpha_outstanding.png" />
    <updated>2026-06-30T00:18:04.000Z</updated>
    <published>2026-06-01T16:52:28.000Z</published>
    <summary>How alpha outstanding describes subnet alpha held outside the reserve pool in Bittensor tokenomics.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/alpha_reserve/</id>
    <title>Alpha Reserve</title>
    <link rel="alternate" href="https://taopedia.org/wiki/alpha_reserve/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/alpha_reserve.png" />
    <updated>2026-06-30T00:14:50.000Z</updated>
    <published>2026-06-01T16:58:20.000Z</published>
    <summary>How alpha reserve tracks subnet alpha held inside a subnet liquidity pool rather than outside the pool.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/price_discovery/</id>
    <title>Price Discovery</title>
    <link rel="alternate" href="https://taopedia.org/wiki/price_discovery/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/price_discovery.png" />
    <updated>2026-06-30T00:08:05.000Z</updated>
    <published>2026-06-23T07:45:44.000Z</published>
    <summary>How a Bittensor subnet&apos;s alpha price is discovered through trading in its pool, emerging from buying and selling rather than being assigned.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/arbitrage/</id>
    <title>Arbitrage</title>
    <link rel="alternate" href="https://taopedia.org/wiki/arbitrage/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/arbitrage.png" />
    <updated>2026-06-30T00:05:30.000Z</updated>
    <published>2026-06-23T07:03:50.000Z</published>
    <summary>How arbitrageurs profit from alpha price differences across Bittensor subnet pools or between on-chain and outside markets, and how that trading keeps pool prices aligned.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/wash_trading/</id>
    <title>Wash Trading</title>
    <link rel="alternate" href="https://taopedia.org/wiki/wash_trading/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/wash_trading.png" />
    <updated>2026-06-29T23:59:34.000Z</updated>
    <published>2026-06-23T07:12:21.000Z</published>
    <summary>How wash trading uses self-dealing to fake market activity, and why Bittensor&apos;s automated market maker makes it a costly, self-defeating exercise.</summary>
    <category term="Safety" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/impermanent_loss/</id>
    <title>Impermanent Loss</title>
    <link rel="alternate" href="https://taopedia.org/wiki/impermanent_loss/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/impermanent_loss.png" />
    <updated>2026-06-29T23:45:48.000Z</updated>
    <published>2026-06-23T06:54:57.000Z</published>
    <summary>How providing liquidity to a Bittensor subnet&apos;s TAO and alpha pool exposes a provider to loss when the alpha price moves, compared with simply holding.</summary>
    <category term="Tokenomics" />
    <category term="Safety" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/dynamic_tao/</id>
    <title>Dynamic TAO (dTAO)</title>
    <link rel="alternate" href="https://taopedia.org/wiki/dynamic_tao/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/dynamic_tao.png" />
    <updated>2026-06-29T23:37:02.000Z</updated>
    <published>2025-10-08T23:02:21.000Z</published>
    <summary>How Dynamic TAO connects network TAO, subnet alpha tokens, liquidity pools, emissions, and validator stake weight.</summary>
    <category term="Tokenomics" />
    <category term="Governance" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/alpha_tokens/</id>
    <title>Alpha Tokens</title>
    <link rel="alternate" href="https://taopedia.org/wiki/alpha_tokens/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/alpha_tokens.png" />
    <updated>2026-06-29T23:34:07.000Z</updated>
    <published>2026-05-31T11:29:06.000Z</published>
    <summary>How Bittensor uses subnet-specific alpha tokens in emissions, staking, and subnet liquidity pools.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/alpha_staker/</id>
    <title>Alpha Staker</title>
    <link rel="alternate" href="https://taopedia.org/wiki/alpha_staker/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/alpha_staker.png" />
    <updated>2026-06-29T23:31:04.000Z</updated>
    <published>2026-06-18T19:23:29.000Z</published>
    <summary>How an alpha staker names a staker who holds subnet alpha through staking in a specific Bittensor subnet.</summary>
    <category term="Staking" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/coinbase/</id>
    <title>Coinbase</title>
    <link rel="alternate" href="https://taopedia.org/wiki/coinbase/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/coinbase.png" />
    <updated>2026-06-29T22:40:11.000Z</updated>
    <published>2026-06-19T06:49:56.000Z</published>
    <summary>How the Bittensor coinbase mechanism injects liquidity, accumulates pending emissions, and triggers Yuma Consensus every block.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/staking_vs_liquidity_provision/</id>
    <title>Staking vs Liquidity Provision</title>
    <link rel="alternate" href="https://taopedia.org/wiki/staking_vs_liquidity_provision/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/staking_vs_liquidity_provision.png" />
    <updated>2026-06-29T22:36:06.000Z</updated>
    <published>2026-06-23T08:03:05.000Z</published>
    <summary>How staking to a validator and providing liquidity to a subnet&apos;s pool are two different ways to deploy TAO, earning from emissions versus trading fees.</summary>
    <category term="Tokenomics" />
    <category term="Staking" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/fees/</id>
    <title>Fees</title>
    <link rel="alternate" href="https://taopedia.org/wiki/fees/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/fees.png" />
    <updated>2026-06-29T22:14:13.000Z</updated>
    <published>2026-06-22T15:35:10.000Z</published>
    <summary>How fees name the TAO cost of network operations in Bittensor.</summary>
    <category term="Tokenomics" />
    <category term="TAO" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/issuance/</id>
    <title>Issuance</title>
    <link rel="alternate" href="https://taopedia.org/wiki/issuance/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/issuance.png" />
    <updated>2026-06-29T21:19:18.000Z</updated>
    <published>2026-06-01T14:30:08.000Z</published>
    <summary>How Bittensor issuance tracks circulating TAO in tokenomics.</summary>
    <category term="Tokenomics" />
    <category term="TAO" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/back_running/</id>
    <title>Back-Running</title>
    <link rel="alternate" href="https://taopedia.org/wiki/back_running/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/back_running.png" />
    <updated>2026-06-29T21:00:27.000Z</updated>
    <published>2026-06-23T20:14:59.000Z</published>
    <summary>How back-running orders a transaction immediately after a pending swap in Bittensor&apos;s subnet pools, and how it differs from front-running and the sandwich attack.</summary>
    <category term="Safety" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/maximum_supply/</id>
    <title>Maximum Supply</title>
    <link rel="alternate" href="https://taopedia.org/wiki/maximum_supply/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/maximum_supply.png" />
    <updated>2026-06-29T20:56:08.000Z</updated>
    <published>2026-06-22T23:27:18.000Z</published>
    <summary>How Bittensor caps TAO at 21 million, and why supply-threshold halvings and recycling shape how issuance approaches that ceiling.</summary>
    <category term="Tokenomics" />
    <category term="TAO" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/rao/</id>
    <title>RAO</title>
    <link rel="alternate" href="https://taopedia.org/wiki/rao/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/rao.png" />
    <updated>2026-06-29T20:31:08.000Z</updated>
    <published>2026-06-01T09:36:32.000Z</published>
    <summary>How RAO serves as the small-denomination unit for TAO amounts in Bittensor.</summary>
    <category term="Tokenomics" />
    <category term="TAO" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/root_proportion/</id>
    <title>Root Proportion</title>
    <link rel="alternate" href="https://taopedia.org/wiki/root_proportion/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/root_proportion.png" />
    <updated>2026-06-29T20:26:42.000Z</updated>
    <published>2026-06-01T14:58:43.000Z</published>
    <summary>How root proportion describes the portion of a subnet&apos;s dividend context attributed to TAO staked through the root subnet.</summary>
    <category term="Tokenomics" />
    <category term="Staking" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/recycling/</id>
    <title>Recycling</title>
    <link rel="alternate" href="https://taopedia.org/wiki/recycling/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/recycling.png" />
    <updated>2026-06-29T18:43:00.000Z</updated>
    <published>2026-06-08T20:25:20.000Z</published>
    <summary>How recycling describes protocol reuse or re-emission of tokens in Bittensor supply accounting.</summary>
    <category term="Tokenomics" />
    <category term="TAO" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/exponential_moving_averages/</id>
    <title>Exponential Moving Averages</title>
    <link rel="alternate" href="https://taopedia.org/wiki/exponential_moving_averages/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/exponential_moving_averages.png" />
    <updated>2026-06-29T16:42:39.000Z</updated>
    <published>2026-05-31T07:05:30.000Z</published>
    <summary>How exponential moving averages smooth Bittensor flow, bond, and reward signals across repeated updates.</summary>
    <category term="Consensus" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/subnet_owner_take/</id>
    <title>Subnet Owner Take</title>
    <link rel="alternate" href="https://taopedia.org/wiki/subnet_owner_take/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/subnet_owner_take.png" />
    <updated>2026-06-29T15:01:10.000Z</updated>
    <published>2026-06-22T22:50:30.000Z</published>
    <summary>How a fixed share of each Bittensor subnet&apos;s alpha emissions, documented at 18 percent, goes to the subnet owner as stake.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/flow_based_emissions/</id>
    <title>Flow-Based Emissions</title>
    <link rel="alternate" href="https://taopedia.org/wiki/flow_based_emissions/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/flow_based_emissions.png" />
    <updated>2026-06-29T11:55:08.000Z</updated>
    <published>2026-06-01T16:46:55.000Z</published>
    <summary>How Bittensor previously used net TAO flow to compare subnet-level reserve injection, a model deprecated in June 2026 in favor of price-based allocation.</summary>
    <category term="Tokenomics" />
    <category term="Emissions" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/alpha_price/</id>
    <title>Alpha Price</title>
    <link rel="alternate" href="https://taopedia.org/wiki/alpha_price/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/alpha_price.png" />
    <updated>2026-06-29T11:49:35.000Z</updated>
    <published>2026-06-18T23:49:56.000Z</published>
    <summary>How alpha price is derived from a subnet&apos;s TAO reserve and alpha reserve in Dynamic TAO.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/reserve_ratio/</id>
    <title>Reserve Ratio</title>
    <link rel="alternate" href="https://taopedia.org/wiki/reserve_ratio/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/reserve_ratio.png" />
    <updated>2026-06-29T01:40:27.000Z</updated>
    <published>2026-06-01T17:08:25.000Z</published>
    <summary>How a subnet reserve ratio relates TAO reserves and alpha reserves in Bittensor&apos;s subnet pools.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/sybil_attack/</id>
    <title>Sybil Attack</title>
    <link rel="alternate" href="https://taopedia.org/wiki/sybil_attack/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/sybil_attack.png" />
    <updated>2026-06-28T07:45:55.000Z</updated>
    <published>2026-06-23T05:50:30.000Z</published>
    <summary>How a Sybil attack uses many fake identities to seek disproportionate influence, and why Bittensor&apos;s registration cost and stake weighting blunt it.</summary>
    <category term="Safety" />
    <category term="Tokenomics" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/liquidity_provider_rewards/</id>
    <title>Liquidity Provider Rewards</title>
    <link rel="alternate" href="https://taopedia.org/wiki/liquidity_provider_rewards/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/liquidity_provider_rewards.png" />
    <updated>2026-06-28T07:23:45.000Z</updated>
    <published>2026-06-23T07:22:02.000Z</published>
    <summary>How a Bittensor liquidity provider earns trading fees from staking activity in its price range, and why it cannot earn from its own trades.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/emission_split/</id>
    <title>Emission Split</title>
    <link rel="alternate" href="https://taopedia.org/wiki/emission_split/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/emission_split.png" />
    <updated>2026-06-28T04:37:16.000Z</updated>
    <published>2026-06-23T07:56:39.000Z</published>
    <summary>How a subnet&apos;s alpha emission is divided each tempo, with documented shares of 41% to miners, 41% to validators and their stakers, and 18% to the subnet owner.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/tao_reserve/</id>
    <title>TAO Reserve</title>
    <link rel="alternate" href="https://taopedia.org/wiki/tao_reserve/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/tao_reserve.png" />
    <updated>2026-06-28T04:08:13.000Z</updated>
    <published>2026-06-01T17:03:19.000Z</published>
    <summary>How a TAO reserve describes the TAO held inside a subnet liquidity pool in Bittensor.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
  <entry>
    <id>https://taopedia.org/wiki/subnet_weights/</id>
    <title>Subnet Weights</title>
    <link rel="alternate" href="https://taopedia.org/wiki/subnet_weights/" />
    <link rel="enclosure" type="image/png" href="https://taopedia.org/og/subnet_weights.png" />
    <updated>2026-06-28T03:47:00.000Z</updated>
    <published>2026-06-01T14:08:52.000Z</published>
    <summary>How subnet weights describe each subnet&apos;s relative share of Bittensor emissions under the flow-based emission model.</summary>
    <category term="Tokenomics" />
    <category term="Subnets" />
  </entry>
</feed>
