Did dTAO create a dilemma?👇
Subnet owners now receive their 18% cut in alpha, not $TAO.
When they sell alpha for $TAO to cover costs, $TAO leaves the pool, consequently: alpha price drops → future emissions shrink → owners might have to sell even more.
This can be seen as a liquidity draining spiral that hurts owners, miners, and validators.
Taofu offers a novel solution to this dilemma🧑🍳