$TAO did not reach the Aerodrome last Saturday.
Instead, it arrived nine days earlier. The commonly circulated claim is essentially just a summary from Chainlink.
On August 20, ForeverMoney launched a 1:1 representation of TAO on the Base network via the Chainlink CCIP protocol.
The contract:
0xf3081494B87e8D5fb7960f066E931D1D0e6E3d67
The summary itself combined wARS and cbBTC, a tokenized “solicited”/token lending market in pesos, and a separate integration with the Robinhood Chain—none of which has anything to do with TAO.
And here is the real deal:
This is not the original TAO; it is a wrapped (tokenized) representation of it, residing in an EVM wallet, and tradable on Aerodrome with access to the liquidity pool incentives.
The market may pick up the headline and say:
“Decentralized AI is now DeFi.”
But it’s better to assess the legal and technical form of the asset.
You do not own the original Bittensor asset; you own a wrapped representation of it.
Subnet Alpha tokens already had a route to Base via Project Rubicon’s wrappers last year. Now the underlying token follows the same path.
What actually changed is where it’s traded and where the liquidity is.
TAO can now tap into Base flows, wallets connected to the Coinbase ecosystem, and Aerodrome liquidity—rather than relying solely on its native network.
Access doesn’t mean authenticity.
Liquidity doesn’t mean the native network.
And the TAO traded on Aerodrome is only as good as the bridge that issued it.
#TAO #Bittensor #Base #Aerodrome #DeFi #Crypto
Instead, it arrived nine days earlier. The commonly circulated claim is essentially just a summary from Chainlink.
On August 20, ForeverMoney launched a 1:1 representation of TAO on the Base network via the Chainlink CCIP protocol.
The contract:
0xf3081494B87e8D5fb7960f066E931D1D0e6E3d67
The summary itself combined wARS and cbBTC, a tokenized “solicited”/token lending market in pesos, and a separate integration with the Robinhood Chain—none of which has anything to do with TAO.
And here is the real deal:
This is not the original TAO; it is a wrapped (tokenized) representation of it, residing in an EVM wallet, and tradable on Aerodrome with access to the liquidity pool incentives.
The market may pick up the headline and say:
“Decentralized AI is now DeFi.”
But it’s better to assess the legal and technical form of the asset.
You do not own the original Bittensor asset; you own a wrapped representation of it.
Subnet Alpha tokens already had a route to Base via Project Rubicon’s wrappers last year. Now the underlying token follows the same path.
What actually changed is where it’s traded and where the liquidity is.
TAO can now tap into Base flows, wallets connected to the Coinbase ecosystem, and Aerodrome liquidity—rather than relying solely on its native network.
Access doesn’t mean authenticity.
Liquidity doesn’t mean the native network.
And the TAO traded on Aerodrome is only as good as the bridge that issued it.
#TAO #Bittensor #Base #Aerodrome #DeFi #Crypto
