$TAOBOT is the governance token at the heart of the TAO.BOT platform—an ERC20 asset designed to facilitate community-driven decision-making and reward holders through protocol revenue sharing. While it’s distinct from Bittensor’s native TAO token, $TAOBOT unlocks unique benefits tied to the TAO.BOT protocol itself.


What is $TAOBOT?

$TAOBOT is an Ethereum-based (ERC20) token that underpins the governance and revenue-sharing model for TAO.BOT. By holding $TAOBOT, community members gain exposure to the platform’s growth and will eventually have a direct voice in guiding its development. Unlike the TAO token used within the Bittensor network, $TAOBOT focuses on DeFi-specific utilities like fee distribution and potential governance rights on TAO.BOT.

Note: Soon after launch, $TAOBOT holders can benefit from receiving a portion of the protocol’s fees. Over time, as governance mechanisms roll out, $TAOBOT owners may gain voting privileges to influence major proposals (e.g., feature priorities, fee adjustments, etc.).


Key Characteristics

  1. ERC20 Standard

    • $TAOBOT can be stored in any Ethereum-compatible wallet.
    • Enables seamless integration with other DeFi protocols and DEXs on Ethereum.
  2. Revenue Sharing

    • A share of platform fees (e.g., swap fees, bridging fees) is allocated to $TAOBOT holders, creating a direct link between the protocol’s success and community rewards.
  3. Future Governance

    • While day-to-day control remains with the TAO.BOT team initially, future plans include on-chain voting, proposals, and other DAO-like features.
    • The token’s governance aspect will evolve gradually, aligned with open-sourcing and decentralization goals.

Distinction from Bittensor TAO

TAO (τ) is the native token of the Bittensor blockchain, focused on AI subnet staking, inflation, and on-chain validation. $TAOBOT, on the other hand:

  • Exists on Ethereum and emphasizes the DeFi angle—enabling revenue sharing and potential governance in TAO.BOT’s ecosystem.
  • Does not replace TAO for Bittensor network operations—these remain separate tokens with different purposes.

Future Outlook

As TAO.BOT matures, $TAOBOT may unlock additional features, such as:

  • Expanded Governance Modules: More sophisticated DAO contracts, including on-chain proposals and voting.
  • Integration with Other Protocols: Potential cross-chain or aggregator features to broaden $TAOBOT’s use cases.
  • Community Grants & Initiatives: Funding ecosystem projects or incentivizing community contributions.

Learn More: The next sections—Token Economics & Utility and Token Distribution—offer deeper insights into how $TAOBOT is issued, vested, and utilized within the platform.


Conclusion

$TAOBOT is integral to aligning the community’s interests with TAO.BOT’s long-term success. By combining revenue sharing with an evolving governance model, it serves as a bridge between platform growth and user empowerment. If you’re excited about shaping the future of TAO.BOT, $TAOBOT is your gateway to meaningful participation.