New features on Backprop Trading Terminal @BackpropFinance .- Anti MEV Mechanism (Set slippage extremely low to reduce the risk of Sandwich Attack) .- Allowing of Partial Fills (We will tell you in the notifications if it is fully or partially filled).- Faster transaction speed

RT @binance: Binance will remove the Monitoring Tag for $ZEC and the Seed Tag for $ENA, $PYTH, $TAO & $W . Read more 👇🏻 .

MEV have been a big issue in the Bittensor Ecosystem so I hope the disabling of same block staking & unstaking + 0.3% fee would help to deter MEV attackers.

There was also a change where the same (coldkey,hotkey) pair cannot stake and unstake in the same block, further affecting the ability to perform sandwich attacks ⬇️.

With the new fee mechanism, it would protect users who set low slippage (0.5% fees, etc) from getting sandwiched by MEV attackers. Thus, needing to set extremely tight slippage would be a thing of the past. ⬇️.

This helps to deter MEV attackers as they are forced to find paths that have way higher profitability as they need to eat a 0.6% fee (0.3% staking and unstaking fee to perform an MEV attack). Previously, UIs relied on setting extremely tight slippage to prevent MEV attacks. ⬇️.

Where will the fees go? It can potentially be redeposited into the Liquidity Pool on the chain level as "Burned Liquidity". So the fees charged on traders would be used to boost the existing liquidity pool. It can be burnt as well depending on how Bittensor does it ⬇️.

All future add and remove stake will go through the Uniswap V3 Pool. Also, there would be standard 0.3% transaction fees for swaps that go through this pool. The fees would be distributed to LP Providers including the Protocol Owner Liquidity ⬇️.

If owners enable external users to create a new position;.- Users can choose to deposit both TAO and Alpha into the Liquidity Pool to earn trading yield.- Users can contribute to making the Liquidity Pool more liquid ⬇️.

All future emissions - both TAO and Alpha will be deposited into the Full Range Position. This is designed to allow semless migration from V2 to V3. Subnet Owners can choose to allow users to create a new V3 Position by calling the sudoSetSubtokenEnabled extrinsic ⬇️.

How does the current native Uniswap V3 Mechanism work and how do existing Uniswap V2 LPs get migrated over?. The V2 Liquidity Pool will be migrated into an Uniswap V3 Full Range Position. So the new Position will be effectively providing liquidity across the entire price range ⬇️.

There was a major Bittensor Chain Upgrade today, including native Uniswap V3, new 0.3% fees on all native staking and unstaking txns + anti MEV measures. We updated the Backprop UI to display the Bittensor Network Fee. Learn about the upgrade below ⬇️.

Interesting Bittensor Subnet updates for the past week:.@MetaHashSn73 Announces Decentralized OTC Marketplace for $alpha.@metanova_labs Adds 3B+ Molecules enabling silico synthesis for drug discovery.@ridges_ai Launches fully open source AI Software Engineer

How to tell if someone knows rust? Answer: They will tell you.

Everytime I read subtensor code, the more I fall in love with rust, minus the codecs.

Ever wondered what is the collected human feedback from Dojo (subnet 52) used for? . We are excited to release the DOJO-INTERFACE-CODER-7B Model that is trained on curated human feedback from Dojo Network. Supporting richer human-in-the-loop workflows and more modalities soon!!.

There will be a significnat mainnet upgrade next week. For Node Operators, remember to start upgrading if not the nodes won't work when the big changes get pushed to mainnet. Check out the updates here: ✅ Uniswap V3.✅ Improved EVM precompiles

RT @DistStateAndMe: running basilica on 39

RT @bittensorkr: 타오 생태계 대표 DEX @BackpropFinance, 드디어 한국어 지원 시작! 🇰🇷. 비트텐서 커뮤니티의 시선도 이제 한국을 향하고 있는 걸까요? 🤝.

Great to see more and more open sourced tooling solutions designed for Bittensor Network!.

Congrats to the Inference Labs team, also do check out the team's community good proposal (BIT0002: Proof of Weights) on how they aim to use ZK Proofs to fix weight copying issue on Bittensor Network (.