Bittensor developer proposes new validator reward model

A Bittensor (TAO) developer has released a proposal to change the validator reward system, aiming to convert chronic selling pressure from subnet tokens into net buying pressure, CoinDesk reported. In a proposal titled "Root Reborn," a developer known as unconst explained that Bittensor currently comprises dozens of subnets, each with its own cryptocurrency. The current system requires individual validators to swap their reward tokens for TAO, a process that creates persistent selling pressure and price declines for the subnet tokens. The proposed method would allow validators to directly choose which subnets to support and reinvest their rewards back into them. The developer noted that this would also help identify high-performing subnets. The code for the proposal has been published, and while it initially had some flaws, they have since been corrected.