VoidAI Bridged wTAO (Solana)Price

(WTAO)

VoidAI is a decentralized interoperability project designed to connect the Bittensor network with other major blockchain ecosystems, specifically Solana, Ethereum, and Base. The project functions as a cross-chain bridge and financial engine that transforms native Bittensor assets into wrapped representations that can be used within decentralized finance applications on external chains. The token VoidAI Bridged wTAO (Solana), often referred to by the ticker wtao, is a wrapped version of TAO, the native cryptocurrency of the Bittensor network. This asset is created through a deterministic stake-and-wrap process. When a user wants to move TAO to the Solana blockchain, the native tokens are locked on the Bittensor side, and an equivalent amount of wTAO is minted on Solana. This ensures a one-to-one backing, where the supply on Solana always matches the amount held in the bridge's lockbox on the native chain. Users can redeem their wTAO at any time by burning the wrapped version to release the underlying native TAO. The primary goal of this bridged asset is to make Bittensor assets first-class citizens in the broader DeFi world. By bringing TAO to Solana, the project enables it to be used in decentralized exchanges, lending protocols, and other financial tools that are not natively available on the Bittensor network. This integration allows for greater liquidity and composability for the Bittensor ecosystem. A core component of the VoidAI infrastructure is its specialized Bittensor subnet, known as Subnet 106. This subnet operates as an incentive engine that rewards miners for providing concentrated liquidity to wrapped asset pairs on Solana, such as wTAO. Unlike traditional Bittensor subnets that focus on AI model training or inference, Subnet 106 focuses on maintaining the health and depth of the markets for these bridged assets. Participants who provide liquidity on Solana can stake their liquidity provider tokens to earn emissions from the subnet. The project is governed by a decentralized model where token holders can vote on parameters such as which subnets to support and how to manage safety settings. VoidAI emphasizes security and transparency through the use of cryptographic proofs and automated on-chain distribution of rewards. By building these economic and access rails, VoidAI seeks to democratize access to decentralized AI resources and facilitate a permissionless AI economy where compute and models function as open network utilities across multiple blockchains. Learn more

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