Very poor news in the $TAO ecosystem, as one of the largest subnets has decided to rugpull their own token and leave the ecosystem. The upside and downside of permissionless ecosystems, through which founders and protocols are free to leave and join whenever they can. Short-term negative impact for $TAO, however, I think that this entire move is overstretched and will fade away. I don't see a fundamental flaw in the ecosystem of $TAO designed through this, I rather see a founder looking for millions over their community.
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