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Information about "tao.bot"
tao.bot (TAOBOT): Connecting Ethereum Liquidity with the Bittensor Ecosystem
Tao.bot is an innovative DeFi project crafted to harness the massive potential of the Bittensor network for those within the Ethereum community. With Bittensor's new Dynamic TAO (dTAO) upgrade, tao.bot is set to act as the main portal for smooth interactions and investments in this cutting-edge ecosystem.
What is the tao.bot Protocol (TAOBOT)?
The tao.bot protocol is pioneering the establishment of the first decentralized exchange (DEX) and a thorough information hub exclusively for Bittensor's dTAO subnet tokens. It serves as a bridge, enabling users to effortlessly exchange any ERC20 token, like ETH or USDT, for a subnet's dynamic token on Bittensor. This simplifies the complex process of engaging with the Bittensor blockchain and its command-line interface (BTCLI), making the network more accessible to a broader user base. The TAOBOT token functions as the protocol's native utility and governance token.
Tokenomics and Circulation
The TAOBOT token made its debut on March 6th, 2024, with a total fixed supply of 100,000,000 tokens. Currently, the circulating supply stands at 73,333,333 TAOBOT. The initial allocation is divided as follows:
- 65% locked for the liquidity pool.
- 20% allocated as a community reserve, locked for 6 months with 3.33M released each month.
- 10% reserved for the team, vested over a year.
- 5% earmarked for marketing efforts.
Where to Buy TAOBOT
TAOBOT, being an ERC20 token, can easily be purchased on decentralized exchanges such as Uniswap (https://app.uniswap.org/swap?chain=mainnet&outputCurrency=0x49fb8ad7578148E17c3eF0C344CE23A66ed372C4). It can be traded on any platform compatible with ERC20 tokens.
What Makes tao.bot Unique?
Tao.bot distinguishes itself as the first initiative to tackle the liquidity and accessibility hurdles of the rapidly growing Bittensor ecosystem. Its uniqueness lies in:
1. Seamless Bridging: It offers a straightforward interface for converting Ethereum-based assets directly into Bittensor's subnet tokens, bypassing the complexities of the Bittensor blockchain.
2. dTAO Focused DEX: It aims to be the primary platform for trading and managing subnet tokens, akin to Uniswap's role within the Ethereum network.
3. Information Hub: Tao.bot features a comprehensive "Explore" section with dedicated pages for each Bittensor subnet. Subnet owners can tailor these pages to present detailed information about their projects, thereby attracting investments from the Ethereum community.
4. Community Education: Through dynamic social media interaction and collaborations with subnets, tao.bot is actively spreading awareness about Bittensor's potential, encouraging adoption and growth.
By simplifying access and providing vital tools for exploration and investment, tao.bot is set to become a key driver in the expansion and success of the Bittensor network, helping to achieve the dream of a truly decentralized and dynamic AI economy.
Tao.bot is an innovative DeFi project crafted to harness the massive potential of the Bittensor network for those within the Ethereum community. With Bittensor's new Dynamic TAO (dTAO) upgrade, tao.bot is set to act as the main portal for smooth interactions and investments in this cutting-edge ecosystem.
What is the tao.bot Protocol (TAOBOT)?
The tao.bot protocol is pioneering the establishment of the first decentralized exchange (DEX) and a thorough information hub exclusively for Bittensor's dTAO subnet tokens. It serves as a bridge, enabling users to effortlessly exchange any ERC20 token, like ETH or USDT, for a subnet's dynamic token on Bittensor. This simplifies the complex process of engaging with the Bittensor blockchain and its command-line interface (BTCLI), making the network more accessible to a broader user base. The TAOBOT token functions as the protocol's native utility and governance token.
Tokenomics and Circulation
The TAOBOT token made its debut on March 6th, 2024, with a total fixed supply of 100,000,000 tokens. Currently, the circulating supply stands at 73,333,333 TAOBOT. The initial allocation is divided as follows:
- 65% locked for the liquidity pool.
- 20% allocated as a community reserve, locked for 6 months with 3.33M released each month.
- 10% reserved for the team, vested over a year.
- 5% earmarked for marketing efforts.
Where to Buy TAOBOT
TAOBOT, being an ERC20 token, can easily be purchased on decentralized exchanges such as Uniswap (https://app.uniswap.org/swap?chain=mainnet&outputCurrency=0x49fb8ad7578148E17c3eF0C344CE23A66ed372C4). It can be traded on any platform compatible with ERC20 tokens.
What Makes tao.bot Unique?
Tao.bot distinguishes itself as the first initiative to tackle the liquidity and accessibility hurdles of the rapidly growing Bittensor ecosystem. Its uniqueness lies in:
1. Seamless Bridging: It offers a straightforward interface for converting Ethereum-based assets directly into Bittensor's subnet tokens, bypassing the complexities of the Bittensor blockchain.
2. dTAO Focused DEX: It aims to be the primary platform for trading and managing subnet tokens, akin to Uniswap's role within the Ethereum network.
3. Information Hub: Tao.bot features a comprehensive "Explore" section with dedicated pages for each Bittensor subnet. Subnet owners can tailor these pages to present detailed information about their projects, thereby attracting investments from the Ethereum community.
4. Community Education: Through dynamic social media interaction and collaborations with subnets, tao.bot is actively spreading awareness about Bittensor's potential, encouraging adoption and growth.
By simplifying access and providing vital tools for exploration and investment, tao.bot is set to become a key driver in the expansion and success of the Bittensor network, helping to achieve the dream of a truly decentralized and dynamic AI economy.
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