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  • Tokens
  • Taoshi (SN8)

    10/27/2025 16:00 UTC

    $11.95

    % Today
    2.17%

    Unlock Schedule

    Taoshi (SN8) Token Unlock & Vesting Schedule

    The unlock chart above provides a clear visual overview of the Taoshi (SN8) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence SN8 price performance.

    Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.

    Tokenomics & Utility

    Theta as SN8’s alpha token

    Under Dynamic TAO, Theta is SN8’s native alpha token. It is minted and burned through the subnet’s AMM as users swap TAO for Theta and back again, and it is staked into validators on SN8 to influence how emissions are shared. Bittensor’s docs note that, at the time of writing, each subnet emits its own alpha tokens per block alongside TAO emissions, and alpha supply follows a halving schedule—integrating subnet value directly into network incentives. (docs.bittensor.com)

    What Theta is used for

    • Staking and delegation: Holders swap TAO for Theta and stake it to SN8 validators. Stake in Theta helps determine validator weight and emission share on Taoshi’s subnet. (docs.bittensor.com)
    • Miner registration and growth: Alpha tokens are required to register and operate miners; fees are recycled within the subnet economy. This ties the token to network participation and capacity. (docs.taostats.io)
    • Collateral for capital access: Taoshi’s “Collateral” mechanism lets miners unlock simulated trading capital by locking Theta. The network sets an initial capital value per Theta and updates it over time via a tokenomics model that factors supply, liquidity, participation, and flows. This approach links capital allocation to long‑term commitment and network health. (docs.taoshi.io)
    • Product alignment and treasury: Taoshi describes a “Theta flywheel” in which validators that hold Theta get priority access to advanced strategies; a portion of revenue from Glitch Financial is earmarked to acquire Theta for a DAO to fund ecosystem initiatives. This channels product revenue back into SN8’s token economy. (taoshi.io)

    How Theta is acquired and redeemed

    Theta is obtained by swapping TAO through the SN8 liquidity pool using on‑chain tools (CLI, wallets, or web dashboards). When you unstake, the flow reverses—Theta is swapped back to TAO through the pool. Because these are AMMs, conversions are subject to pool ratios and slippage rather than a fixed price. (docs.learnbittensor.org)

    Assumptions

    • Circulation is defined as alpha outstanding distributed to participants (miners, validators/stakers, subnet owner) each tempo; alpha injected into the subnet’s reserve pool is excluded.

      Bittensor distinguishes alpha in reserve vs alpha outstanding; only the latter sits in participant balances. The request is for ways tokens actually enter circulation.

    • Alpha outstanding emission rate modeled as 1 SN8 per block pre-halving, then halves each halving, with ~12s block time.

      Per Bittensor Emissions docs, the alpha emission cap Δᾱ starts at 1 and follows TAO’s halving schedule; blocks occur roughly every 12 seconds.

    • First halving date assumed 2025-12-10; subsequent halvings approximated at 4-year intervals.

      Official guidance says alpha follows TAO’s halving; community/estimator sites place first halving around 2025-12-10. Exact dates depend on network dynamics.

    • Monthly linearization approximates tempo-based emissions (extracted every 360 blocks) without material distortion for charting.

      Protocol distributes at tempo boundaries; a monthly linear schedule yields an accurate cumulative view for visualization.

    • No separate genesis/team/investor allocations exist for SN8; supply originates from ongoing network issuance.

      Dynamic TAO model mints alpha via protocol emissions; no pre-mine or TGE allocations are documented for subnet tokens.

    • Future periods beyond 2061-12-10 are omitted; remaining tail is the geometric continuation of halvings.

      Halvings continue indefinitely; included periods capture the vast majority of lifetime issuance to participants.

    Allocations

    Alpha Outstanding Emissions (Network Issuance to Participants)
    60.28%
    Percentage of total token supply
    65%
    How certain we are about this information
    12,658,654.688 tokens
    Linear vesting: Feb 13, 2025 - Dec 10, 2025 (monthly)
    Alpha outstanding emitted to participants at 1 SN8 per block prior to first halving; block time ~12s (~7,200 blocks/day). Distribution per tempo: 41% miners, 41% validators/stakers, 18% subnet owner, per Bittensor emissions. First halving expected ~2025-12-10 (date approximate).
    Linear vesting: Dec 10, 2025 - Dec 10, 2029 (monthly)
    Post–first halving: alpha outstanding emission rate halves to 0.5 SN8 per block for ~4 years (≈1461 days incl. leap year). Same participant distribution (41/41/18).
    Linear vesting: Dec 10, 2029 - Dec 10, 2033 (monthly)
    Second halving period: 0.25 SN8 per block for ~4 years (≈1461 days).
    Linear vesting: Dec 10, 2033 - Dec 10, 2037 (monthly)
    Third halving period: 0.125 SN8 per block for ~4 years.
    Linear vesting: Dec 10, 2037 - Dec 10, 2041 (monthly)
    Fourth halving period: 0.0625 SN8 per block for ~4 years.
    Linear vesting: Dec 10, 2041 - Dec 10, 2045 (monthly)
    Fifth halving period: 0.03125 SN8 per block for ~4 years.
    Linear vesting: Dec 10, 2045 - Dec 10, 2049 (monthly)
    Sixth halving period: 0.015625 SN8 per block for ~4 years.
    Linear vesting: Dec 10, 2049 - Dec 10, 2053 (monthly)
    Seventh halving period: 0.0078125 SN8 per block for ~4 years.
    Linear vesting: Dec 10, 2053 - Dec 10, 2057 (monthly)
    Eighth halving period: 0.00390625 SN8 per block for ~4 years.
    Linear vesting: Dec 10, 2057 - Dec 10, 2061 (monthly)
    Ninth halving period: 0.001953125 SN8 per block for ~4 years. Remaining tail beyond this period is negligible and converges geometrically.
    Last Updated: 10/25/2025 11:32 UTC

    Description

    #933

    Taoshi is a decentralized trading platform built on Bittensor. It uses AI and machine learning to let users compete with trading strategies across different assets, with rewards based on risk-adjusted performance and transparent scoring.

    Sector: Asset Management
    Blockchain: Bittensor
    2025
    New