@virility
1/ 🚨 BIG ONE just hit the Bittensor ecosystem.
SN3 (Templar) — the hottest subnet in the game — just got rugged by its own team. Covenant AI (founder Sam Dare + crew) announced they’re fully exiting Bittensor after dumping ~37,000 TAO worth of their alpha tokens (Templar SN3 + Basilica SN39 + Grail SN81).
Max extraction achieved. Let’s break it down. 🧵
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