Bittensor proposes Root Reborn to restructure the TAO staking income mechanism

Developer unconst has submitted a Root Reborn governance proposal to restructure the TAO staking income mechanism, transforming validators into capital allocators to alleviate selling pressure. The proposal suggests that validators independently choose supported subnets and invest the proceeds into asset portfolios, which is currently in the GitHub code review stage. TAO has fallen by about 28% in the past 12 months, while Bitcoin has fallen by about 38% during the same period. The current annualized staking income is about 17%.