goTAO Documentation ττ
  • Introduction
    • Abstract
    • Overview of goTAO
    • goTAO's Mission and Vision
    • The Foundation
      • What is Bittensor (TAO)?
      • How Bittensor Integrates with goTAO
      • Bittensor’s Role in the Future of AI-based Blockchain Systems
    • goTAO Architecture
  • Tutorial
    • GoTAO Stake Tutorial
    • GoTAO Testnet Tutorial
      • Faucet
      • Transfer
      • Check history
  • KEY FEATURES
    • Stake
      • How It Works
      • Staking Rewards
    • Restake
      • How It Works
      • Restaking Rewards
  • $GAO Token
    • $GAO Overview
    • Supply and Distribution
    • Tax Structure
  • Community
    • Follow us on X
    • Join Us on Telegram
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  1. Introduction

Overview of goTAO

goTAO is a next-generation restaking platform designed specifically for the Bittensor blockchain (TAO). It seeks to introduce a decentralized financial (DeFi) solution that builds on Bittensor’s existing strengths in decentralized AI. The goTAO protocol allows users to stake and restake various assets, enhancing the overall Total Value Locked (TVL) of the Bittensor ecosystem while promoting liquidity, yield optimization, and sustainable network growth.

The goTAO-Restaking Layer is an advanced staking and restaking protocol built on Bittensor, a decentralized machine learning blockchain. The primary goal of goTAO is to enhance the Total Value Locked (TVL) within the Bittensor ecosystem by enabling users to stake and restake assets, specifically ETH and $GAO, the native token of goTAO. By doing so, goTAO introduces new financial opportunities for users, combining decentralized AI and DeFi mechanisms.

Restaking is a novel approach that allows users to redeploy their staked assets into secondary pools, amplifying their rewards. This creates a multi-layered incentive structure, encouraging greater participation in the Bittensor network while optimizing the use of staked assets​.

Core Features

1. Stake:

- Users can stake Ethereum (ETH) and $GAO to earn staking rewards. ETH stakers receive stETH, while $GAO stakers are rewarded with stGAO. Both staking mechanisms have specific lock periods for redeeming staked assets, ensuring liquidity and security in the system.

2. Restake:

- goTAO introduces a dual-layer staking system, where users can restake stETH to earn additional $GAO. This amplifies their rewards while keeping their initial staked assets active.

3. TAO Subnet Integration

goTAO aims to evolve into a TAO subnet, with a portion of transaction fees allocated to purchasing wTAO, further integrating with the Bittensor ecosystem and enhancing network security​.

4. Airdrops

Users participating in staking pools are eligible for airdrops from other projects building on the goTAO ecosystem, incentivizing broader adoption​.

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Last updated 6 months ago