Home » Bittensor: Subnet Alpha Tokens are now transferable to Base and Solana

Bittensor: Subnet Alpha Tokens are now transferable to Base and Solana

by Thomas

Bittensor’s alpha tokens, long confined to their native ecosystem, can now circulate freely on Solana and Base. Two projects, VoidAI and TaoFi, have just made this interoperability possible, facilitating access to these decentralized AI assets for a much wider audience.

Bittensor subnet tokens arrive on Base and Solana

VoidAI, a Bittensor subnet, has deployed a bridge to the Solana blockchain. Thanks to this mechanism, users can now convert TAO and alpha tokens (Bittensor subnet tokens) into wTAO and wALPHA in SPL format (Solana blockchain format), which can be used directly on the liquidity pools of the decentralized exchange Raydium.

According to the announcements, providing liquidity to these pools not only generates base yields, as VoidAI also redistributes TAO rewards to participants. The protocol therefore incentivizes holders to support the liquidity of alpha tokens while maintaining their exposure to the Bittensor ecosystem.

For its part, the TaoFi protocol has implemented an integrated solution with Hyperlane to allow Base users to purchase alpha tokens without friction. By depositing USDC on the TaoFi bridge, users can now obtain alpha tokens on the layer 2 developed by Coinbase.

The user experience is greatly simplified: no need to change wallets or navigate between networks.

In short, these technical advances make alpha tokens issued by Bittensor subnets compatible with other blockchains such as Solana and Base, facilitating their use in existing DeFi environments. This increases their accessibility, enhances their liquidity, and promotes new use cases in a variety of ecosystems.

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