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SUMMARY: In this video, Gordon Frayne provided a step-by-step guide to earning high yield on Bittensor using Tenex, a decentralized long-only spot margin protocol by Subnet 67.
He explained how to set up the Subtensor EVM (Ethereum Virtual Machine), fund a wallet, and provide liquidity to earn over 100% APY (Annual Percentage Yield) paid in subnet 67’s ‘$ALPHA’ tokens.
The tutorial also showed how to regularly convert rewards back into $TAO or $USDC and compound gains. Finally, it outlines an optional delta neutral strategy using a short position to isolate yield while managing market risk.
By: Gordon Frayne
And then Tenex rugged everybody soon after he posted this to YouTube……sketchy……