Subnet deregistrations are back on the table, and could free up TAO emissions and resources from inactive subnets with the introduction of BIT-0016. Here’s how the proposal works:
When Would It Trigger? Deregistration triggers when the protocol reaches its subnet limit, set to start at 256 subnets, and a new subnet wants to register. It then picks an existing subnet to remove.
The ALPHA Distribution Ratio (ADR) Only subnets with an ALPHA Distribution Ratio (ADR) less than 1 are eligible for deregistration. This means more ALPHA tokens are held in the subnet’s pool than by users, indicating lower demand for the ALPHA token.
Protection for New Subnets New subnets get a 6-month immunity period where they cannot be deregistered, giving teams time to establish themselves. Learn more about the DTAO-compatible subnet deregistration: https://learnbittensor.org/concepts/dynamic-tao/subnet-deregistration
NOTE: The term “NAV” seems to cause confusion. That’s why we prefer “ALPHA Distribution Ratio (ADR)” as a clearer term, that better reflects what the metric actually measures.
·
Be the first to comment