RedTeam and KubeTEE subnet tokens dropped sharply this week with no clear fundamental trigger, and the community is arguing about why. The bigger fight is over whether Opentensor Foundation has ever explained how subnet revenue is supposed to flow back to TAO -- alongside a quieter but real root claim fee hike and a new subnet launch on SN76.
Full coverage
4 reports
01 / QUICK HIT
RedTeam and KubeTEE subnet tokens fell sharply this week, and several community members said the moves looked disconnected from any change in fundamentals. That fed into a broader argument: some think an unreleased shorting mechanism is already driving anticipatory selling across subnet markets, while others pushed back on that read. The bigger complaint is structural -- multiple community members want Opentensor Foundation developers to lay out, in detail, how subnet revenue is meant to create long-term value flow back to TAO, and pointed to the prior 'templar incident' (a subnet reportedly collecting rewards without contributing value back to TAO) as the reason the question keeps coming up.
SN61 (Innerworks): subnet token does not represent equity in the associated business
SN51: token holders are treated as owners of the subnet's business
Proposals floated: circuit breakers, or requiring subnets to buy back and burn tokens with revenue -- others say that's unneeded complexity
02 / DAILY
Root claim fees jump after runtime update
The root claim gas fee rose from roughly 0.056 to 0.18. dougsillars confirmed the jump followed a runtime update and said more changes are coming in future runtime releases, based on open pull requests. Community members flagged that the fee now runs about $50 per claim and said it's unclear whether it will come back down.
03 / DAILY
New subnet: Ormas on SN76
A new project called Ormas launched on SN76, positioned as an outcomes API for coding work. It doesn't have a claimed Discord channel yet.
04 / DAILY
Weekly highlights from Opentensor
opentensor published its ecosystem recap for September 13-20, naming Conjectures (SN66), Score, Pareton, TAO.com, Good Morning, and Almanac as the week's biggest stories. Conjectures miners reportedly resolved six Erdős mathematical problems in five days. const_reborn separately weighed in on the value of public, searchable AI trajectories as a complement to private AI efforts, pointing to collaboration with another Bittensor-linked AI compute project.
