Is TAO’s Candles The Next Polymarket?

SUMMARY: This video gives an insight into Bittensor’s Subnet 31, Candles, a community-driven prediction market designed for $TAO holders. Candles allows users to deposit $TAO or subnet “$ALPHA” tokens into public pools and vote on whether the price of $TAO “candles” will go up or down.  Winners share 70% of the pool, often earning 90–110%…

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Candles (Subnet 31): Pioneering Sustainable Subnet Tokenomics

The economic design of a subnet significantly influences its long-term viability and attractiveness to investors staking TAO. Subnet tokens, mirroring TAO’s structure, adhere to a Bitcoin-inspired model: a capped supply of 21 million, no pre-mine, a fair launch, and a predetermined halving schedule. Token burning—permanently removing tokens from circulation—reduces supply within this cap, signaling a…

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