source avatarTAOisTheKey

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I guess the reaction here should be a measured one. I think everyone can agree that we can’t do nothing. We have to put systems in place that protect investors. If we don’t, we’ll never attract serious capital to the subnets. But we also can’t put a stranglehold on subnet owners and make it impossible for them to fund their lives and their business operations Subnet owners should be able to sell predetermined portions of their holdings at predetermined dates that are announced to investors in order for them to fund their operations and have money to operate their households But it should never be their entire stack or even close to it. I like the 5% to 10% thing. I think it was Leo who said there should be a mechanism put in place where a subnet owner cannot sell more than five or 10% of his entire alpha token holdings per day. Or maybe per week We have plenty of Blockchain sleuths in the Bittensor community that would follow the subnet owner’s wallets and Alert the community if the subnet owner is selling. That way maybe he could sell 5 to 10% of his holdings and get away with it but then if he does that without alerting the community first that he is doing so and why, he could get a very negative reaction from the community where everyone dumped his token and even puts his subnet at risk of deregistration. I think this option puts measures in place that prevents owners from rugging well also allowing owners with good intentions to periodically sell Alpha tokens to fund operations and their lives. The more transparent, they are about when they do it, the sticker their investors will be. $TAO

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