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Bittensor Daily — September 28, 2026

Sep 28

Opentensor's weekly roundup flagged solid revenue growth at SN53 (Lium), SN64 (Chutes), SN4 (Targon) and SN44 (Score), with Lium alone posting roughly $1M last month and 36% month-over-month growth. That good news ran alongside a sharper debate: whether burning or locking buyback proceeds, or fixing the liquidity pool curve itself, is what actually solves Bittensor's price and emission-distribution problems. Separately, taostats users flagged that root rewards have stopped showing up on the dashboard.

Full coverage

3 reports

01 / QUICK HIT

SN53 (Lium) generated roughly $1M in revenue last month, up 36% month-over-month, with its token trading around a $100M market cap. A community recap named Lium alongside SN64 (Chutes), SN4 (Targon) and SN44 (Score) as the top subnets by revenue. Opentensor's official weekly highlights covered a wider set of stories, including SN80 (OpenRoboto), Chutes, Good Morning, Reliquary, Hippius, Score and Bitcast. SN80 (OpenRoboto) launched a platform called Shift to collect first-person video data from real people, targeting the data bottleneck in robotics AI.

02 / DAILY

Burn vs. lock: the tokenomics fight

Community members debated a conviction mechanism where buyback proceeds get locked as alpha instead of burned, on the argument that locking signals commitment and pulls alpha out of circulation. Others pushed back that this treats a symptom, not the cause, pointing to the marginal tao/alpha ratio set by the LP curve as the real problem. A third view held that fixing the LP curve alone wouldn't be enough either, citing miner burn penalization and an emission gate that has concentrated emissions toward the largest, oldest subnets. One warning raised in the thread: fixing the LP curve could push participants without genuine conviction to unstake earlier, with real downside risk that token prices could fall to zero.

03 / DAILY

Root rewards missing from taostats

A community member reported that root rewards were no longer appearing on taostats.

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