On-chain commitment to a Bittensor subnet. Lockers commit α to a hotkey; conviction grows over time and decays only on visible unlock events. The wallet with the highest conviction on a netuid earns the title Subnet King.
Unlock τ = 934,866 blocks (~21 days for 50%) · Build half-life ~62 days · spec 411
Conviction (BIT-0011) is a Bittensor governance primitive that locks α to a hotkey on a subnet. Conviction matures via 1 − exp(−blocks/648,000) (~62-day half-life). Unlocks drop conviction 1:1 instantly and α matures into available form via 1 − exp(−blocks/216,000) (~21 days for 50%). Subnet owner emissions auto-lock 0.18 α per block. Numbers refresh from the chain every 5 minutes.
Dust filter: we hide locks under 50 α. Trivial challenger/test locks (a few α, near-zero conviction) would otherwise drown out the real owner commitments — so the board shows only meaningful conviction. The full on-chain data, including dust, stays verifiable on Taostats via each lock's block link.