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SUMMARY: The video outlines major December 2025 changes to Bittensor’s subnet emission system, including the Tao halving and a new “delegate” reward option that lets validators decide whether stakeholders’ Alpha rewards are swapped to Tao or kept. Validators will also gain fine-grained control to keep Alpha on selected subnets and swap on others, enabling the network to collectively penalize problematic subnets by reducing their Tao flow and emissions. Overall, the update shifts more influence to validators while reshaping how Tao and Alpha circulate through the ecosystem.
By: Taostats
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