#BitAds has officially locked 220K ALPHA on Subnet 16 as Perpetual Conviction. That represents 700 $TAO committed long-term. We believe in Subnet 16, we believe in Bittensor, and we are here to keep building. Locked. Aligned. Long-term.

We’re happy to share that #BitAds Subnet 16 has completed its first Buyback & Burn using revenue generated over the past few weeks. $TAO The total value was approximately $1,300 (around 6 TAO), which was used to buy back 1,887 ALPHA on Subnet 16. These 1,887 ALPHA have now been burned. This marks an important first step for BitAds as a revenue-generating subnet. Real revenue is now being used to buy back and burn ALPHA, directly supporting the long-term health of the ecosystem. We’ll be back next week with the next BitAds buyback. Thank you to everyone supporting BitAds. #subnet16 #sn16 #bittensor

✅buyback ✅burn ✅lock All coming to #BitAds SN16 next week. $TAO