Gustave Laurant: Mentat Minds, Proxy Staking, Bittensor Subnets, dTAO, TAO Halving, TAOFlow | Ep. 70 скачать в хорошем качестве

Gustave Laurant: Mentat Minds, Proxy Staking, Bittensor Subnets, dTAO, TAO Halving, TAOFlow | Ep. 70

In this episode, we are joined by Gustave Laurant of Mentat Minds, operators of a platform bridging TAO holders to Bittensor opportunities. Gustave (Co-Founder) returns for his second appearance, discussing the evolution from pre-dTAO days to the launch of Mentat Plus V2, proxy staking innovations, subnet accessibility, emissions updates, the upcoming TAO halving, common misconceptions in Bittensor, and advice for TAO allocation. In this episode, you’ll learn Gustave’s return to the podcast and the journey of Mentat Minds since pre-dTAO, including the V2 launch of Mentat Plus as an easy platform for subnet access and balanced portfolios How proxy staking works under the hood, with a live product demo showing features like customizable allocations, indexes (e.g., Mentat 5/15), DCA options, and mixing root with subnets Root dividends, hotkey optimization for top APY (10-15% higher on root, varying more on subnets), and new tools for subnet owners to decentralize stake across validators The importance of decentralization, eliminating weight copiers via commit-reveal improvements, and why it's a priority amid competing subnet tasks like incentives and tokenomics Goals of Mentat Plus: Simplifying subnet staking for newcomers, fostering adoption by bridging the understanding gap without deep Bittensor knowledge Future plans focusing on education (e.g., subnet token risks), tools for informed decisions, and helping subnet owners with miners, validators, burns, and collaborations like BitStarter Key takeaways from nine months of dTAO: Harsh competition, inefficiencies in emissions, and the value of the upcoming TAO flow update shifting from price-based to flow-based emissions for growth reinforcement Thoughts on the TAO halving: Its outsized importance as the first one, reducing sell pressure, but drawbacks like unsynced TAO/alpha halvings disrupting pool equilibrium Biggest misunderstandings in Bittensor, including the challenges of launching and running a subnet (e.g., incentives, validation, decentralization), and benefits of the 128-subnet limit for quality control Views on sum of subnets equilibrium, subsidy mechanisms (a balanced but torn approach in early days), and proxy wallets beyond staking (not ready due to security and user readiness) Advice for TAO holders: Research subnets broadly, start small with indexes (e.g., 90% root/10% subnets), scale exposure gradually, and begin early to acclimate to volatility Chapters 0:00 - Highlights 1:16 - Introduction 1:55 - Updates Since Last Appearance 3:51 - V2 Launch Product Demo 6:26 - Root Dividends Feature 7:12 - APY Variations Across Validators 8:08 - Subnet Owner Consensus Challenges 9:49 - Goals of Mentat + 10:37 - Future Iterations and Education Focus 13:24 - Takeaways from Dynamic TAO 15:13 - Emissions Update: Flow vs. Price 16:52 - Is the Emissions Change Better? 18:31 - Thoughts on TAO Halving 19:07 - Tokenomics and Sell Pressure Reduction 20:07 - Drawbacks of Halving and Pools 21:54 - Biggest Misunderstandings in Bittensor 22:28 - Challenges of Launching a Subnet 24:39 - Benefits of Subnet Limit 26:39 - Discussion on Sum of Subnets 29:02 - Opinion on Subsidy Mechanism 31:11 - Proxy Wallets Beyond Staking 32:45 - Advice for Allocating TAO