With the amount of new subnets being added it can be hard to get up to date information across all subnets, so data may be slightly out of date from time to time

Subnet 116

TaoLend

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ABOUT

What exactly does it do?

TaoLend operates as a decentralized lending protocol within the Bittensor ecosystem. It allows users to lend TAO tokens to earn yield while borrowers can secure loans by using subnet ALPHA tokens as collateral. The protocol is designed to unlock liquidity for TAO holdings without requiring users to unstake their ALPHA, thereby maintaining the staked status of ALPHA within the subnet. This setup aims to enhance capital efficiency by enabling TAO to be used productively while preserving network security through continued ALPHA staking. The system supports permissionless transactions, meaning anyone can participate without intermediaries, and it integrates with both the Bittensor network and EVM-compatible ecosystems.

Incentives are provided for both lenders and borrowers to encourage participation and increase overall TAO liquidity. The protocol handles lending in a non-custodial manner, where users retain control of their assets, and it includes mechanisms for flexible interest rates determined by market dynamics. Rewards from lending and borrowing activities are distributed in the form of Subnet 116 ALPHA tokens. The subnet’s reward calculations are based on factors such as deposit amounts, ALPHA price, and subnet-specific coefficients. On-chain activity includes stake additions and removals, with examples of transactions like 0.50 TAO staked for 65.09 ALPHA or 1.19 TAO for 160.00 ALPHA, indicating active validator and stake traffic. The protocol supports real-time lending and borrowing, with observed APY around 8%, and it processes micro-stakes and strategic validator coldkey redelegations. Liquidity is available immediately after subnet activation, allowing for instant trading, staking, borrowing, and lending of ALPHA from the initial blocks.

TaoLend operates as a decentralized lending protocol within the Bittensor ecosystem. It allows users to lend TAO tokens to earn yield while borrowers can secure loans by using subnet ALPHA tokens as collateral. The protocol is designed to unlock liquidity for TAO holdings without requiring users to unstake their ALPHA, thereby maintaining the staked status of ALPHA within the subnet. This setup aims to enhance capital efficiency by enabling TAO to be used productively while preserving network security through continued ALPHA staking. The system supports permissionless transactions, meaning anyone can participate without intermediaries, and it integrates with both the Bittensor network and EVM-compatible ecosystems.

Incentives are provided for both lenders and borrowers to encourage participation and increase overall TAO liquidity. The protocol handles lending in a non-custodial manner, where users retain control of their assets, and it includes mechanisms for flexible interest rates determined by market dynamics. Rewards from lending and borrowing activities are distributed in the form of Subnet 116 ALPHA tokens. The subnet’s reward calculations are based on factors such as deposit amounts, ALPHA price, and subnet-specific coefficients. On-chain activity includes stake additions and removals, with examples of transactions like 0.50 TAO staked for 65.09 ALPHA or 1.19 TAO for 160.00 ALPHA, indicating active validator and stake traffic. The protocol supports real-time lending and borrowing, with observed APY around 8%, and it processes micro-stakes and strategic validator coldkey redelegations. Liquidity is available immediately after subnet activation, allowing for instant trading, staking, borrowing, and lending of ALPHA from the initial blocks.

PURPOSE

What exactly is the 'product/build'?

The product is a decentralized, non-custodial lending protocol built on Bittensor Subnet 116, integrating with the Bittensor network and EVM ecosystems. It consists of a shared lending pool in its initial phase, where users deposit TAO or ALPHA, with flexible withdrawal options and rewards converted into Subnet 116 ALPHA. The build includes point-to-point lending mechanisms with flexible loan durations, early repayment options, lender recall features, and default handling processes. Technically, it uses smart contracts that have been audited for security. The architecture maps SS58 addresses for compatibility and calculates rewards based on deposit amounts, ALPHA price, and subnet coefficients.

The implementation is available in a GitHub repository under the MIT license, containing scripts for miners and validators. Miners operate in CLI mode using tools like btcli for subnet registration, EVM wallet creation and binding, asset deposits/withdrawals, and transfers, with commands executed via ts-node (e.g., npx ts-node scripts/cli.ts miner balance). Validators are started with auto-upgrade capabilities using PM2 and a Python script (start_validator.py). A GUI interface is accessible at https://taolend.io for user interaction. Installation requires NodeJS, PM2, and dependencies installed via npm and pip, with imports for necessary packages handled in the code.

The build supports EVM wallet integration and runs as a REPL-like environment, preserving previous execution states. Users connect via a dapp or CLI to stake TAO or ALPHA, supply assets for lending (setting terms like amount, rate, duration), or borrow by posting collateral, with the protocol automatically matching offers. Positions can be monitored and withdrawn at any time, reclaiming principal plus accrued yield for lenders or unlocking collateral for borrowers.

Core Features

Liquidity Unleashed: Turn idle TAO into an active resource for the entire ecosystem. By unlocking liquidity, everyone benefits from stronger capital flows.

Transparent & Secure: Open-source code, automated by smart contracts. Your TAO stays in your control, ensuring peace of mind every step of the way.

Peer-to-Peer Flexibility: Lenders and borrowers connect directly, with loans secured by smart contracts. Lenders can define interest rates based on market conditions, ensuring dynamic and competitive returns.

Effortless Rewards: Deposit your assets to earn automatically as a SN116 miner and strengthen the Bittensor ecosystem.

 

The product is a decentralized, non-custodial lending protocol built on Bittensor Subnet 116, integrating with the Bittensor network and EVM ecosystems. It consists of a shared lending pool in its initial phase, where users deposit TAO or ALPHA, with flexible withdrawal options and rewards converted into Subnet 116 ALPHA. The build includes point-to-point lending mechanisms with flexible loan durations, early repayment options, lender recall features, and default handling processes. Technically, it uses smart contracts that have been audited for security. The architecture maps SS58 addresses for compatibility and calculates rewards based on deposit amounts, ALPHA price, and subnet coefficients.

The implementation is available in a GitHub repository under the MIT license, containing scripts for miners and validators. Miners operate in CLI mode using tools like btcli for subnet registration, EVM wallet creation and binding, asset deposits/withdrawals, and transfers, with commands executed via ts-node (e.g., npx ts-node scripts/cli.ts miner balance). Validators are started with auto-upgrade capabilities using PM2 and a Python script (start_validator.py). A GUI interface is accessible at https://taolend.io for user interaction. Installation requires NodeJS, PM2, and dependencies installed via npm and pip, with imports for necessary packages handled in the code.

The build supports EVM wallet integration and runs as a REPL-like environment, preserving previous execution states. Users connect via a dapp or CLI to stake TAO or ALPHA, supply assets for lending (setting terms like amount, rate, duration), or borrow by posting collateral, with the protocol automatically matching offers. Positions can be monitored and withdrawn at any time, reclaiming principal plus accrued yield for lenders or unlocking collateral for borrowers.

Core Features

Liquidity Unleashed: Turn idle TAO into an active resource for the entire ecosystem. By unlocking liquidity, everyone benefits from stronger capital flows.

Transparent & Secure: Open-source code, automated by smart contracts. Your TAO stays in your control, ensuring peace of mind every step of the way.

Peer-to-Peer Flexibility: Lenders and borrowers connect directly, with loans secured by smart contracts. Lenders can define interest rates based on market conditions, ensuring dynamic and competitive returns.

Effortless Rewards: Deposit your assets to earn automatically as a SN116 miner and strengthen the Bittensor ecosystem.

 

WHO

Team Info

No information on team members is currently available. Public team signals, social channels, or contributor details are not visible or mentioned in the GitHub repository, on-chain data, or related discussions.

No information on team members is currently available. Public team signals, social channels, or contributor details are not visible or mentioned in the GitHub repository, on-chain data, or related discussions.

FUTURE

Roadmap

Phase 1: Warm up – Q3 2025 (Live)

  • Miner registration & asset staking.
  • Users become familiar with TaoLend and help expand liquidity throughout the Bittensor ecosystem.
  • Imagine your TAO shifting from dormant assets into steady earners—that’s the heart of TaoLend’s Phase 1.

 

Phase 2: Decentralized Lending – Q4 2025

  • Peer-to-peer lending with customizable interest rates
  • Unlocks greater TAO utility and enriches the Bittensor DeFi ecosystem
  • With Phase 2 on the horizon, your ALPHA remains securely staked in its subnet, while TAO becomes your passport to limitless DeFi possibilities.

 

Future Vision

  • Ongoing Evolution
  • Community-based governance
  • Advanced lending features and continuous enhancements

 

Phase 1: Warm up – Q3 2025 (Live)

  • Miner registration & asset staking.
  • Users become familiar with TaoLend and help expand liquidity throughout the Bittensor ecosystem.
  • Imagine your TAO shifting from dormant assets into steady earners—that’s the heart of TaoLend’s Phase 1.

 

Phase 2: Decentralized Lending – Q4 2025

  • Peer-to-peer lending with customizable interest rates
  • Unlocks greater TAO utility and enriches the Bittensor DeFi ecosystem
  • With Phase 2 on the horizon, your ALPHA remains securely staked in its subnet, while TAO becomes your passport to limitless DeFi possibilities.

 

Future Vision

  • Ongoing Evolution
  • Community-based governance
  • Advanced lending features and continuous enhancements