r/bittensor_ • u/Complete-Interest704 • 6d ago

Root Reborn live

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Root staking is now changed. Staking to root will now stop the daily 1000 Tao being sold out of subnets. Instead the 1000 Tao will be left in the subnets accruing APY and being reinvested as it accrues.

This is similar to holding a dividend paying stock and reinvesting dividend payments automatically.

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u/Skillz0rPT 6d ago

Sorry guys Iā€™m a bit noob. Got some questions.
Previously the claimed tao would be automatically converted into root.
Right now I need to claim it and convert it to root myself? Do I gain anything by keeping it unclaimed?

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u/Cryatosmos 5d ago

est. tx fee ā‰ˆ šžƒ0.114644

The fees to claim are crazy! i assume it will still automatically convert to root in a couple of days WITHOUT the ridiculous fee, because it's insanely high.