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Overview

MetaHash Group is a treasury-driven governing entity within the Bittensor ecosystem. It operates Subnet 73 (SN73) as its on-chain treasury and coordination layer, while expanding its scope to acquire, govern, and support a portfolio of subnets across multiple functional domains. SN73 continues to function as a decentralized alpha acquisition and settlement subnet, but its role is now situated within a broader group-level strategy focused on capital allocation, subnet ownership, and long-term ecosystem development.

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MetaHash Group Structure

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Group-Level Role

MetaHash Group acts as:
  • A capital allocator and treasury operator
  • A governance and coordination layer for aligned subnets
  • A long-term steward of infrastructure within Bittensor
The group treasury is anchored to SN73, which executes auctions, commitments, and settlements on-chain.

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Domain-Based Subnet Portfolio

MetaHash Group organizes subnet activity across five functional domains:

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Compute

  • Inference and training workloads
  • GPU capacity provisioning
  • Core infrastructure primitives

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Robotics

  • Control systems and simulation
  • Embodied AI workloads
  • Physical-world inference loops

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Data & Signals

  • Data feeds and telemetry
  • Market and web signals
  • Real-time and batch signal processing

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Agents & Automation

  • Orchestration of models and tools
  • Operational and application agents
  • Multi-agent systems

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Advertising

  • Creative generation
  • Targeting and optimization
  • Spend allocation and performance analytics
Each domain may include one or more subnets, operated either directly by MetaHash Group or by independent teams under aligned incentive and governance frameworks.

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Role of Subnet 73 (SN73)

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What Remains Unchanged

  • SN73 continues to run alpha acquisition auctions
  • SN73 continues to act as a treasury
  • Auction, clearing, commitment, and settlement mechanics remain intact
  • Validators continue to set weights deterministically based on delivered alpha

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What Has Evolved

SN73 is no longer positioned as a single-purpose liquidity venue. Instead, it serves as:
  • The treasury subnet of MetaHash Group
  • A capital formation layer for subnet acquisition and support
  • A coordination point for group-level strategy
In short:
SN73 is the execution and treasury layer of MetaHash Group.

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How the Treasury Mechanism Works

MetaHash validators operate a deterministic, multi-epoch pipeline:

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Epoch e: Auction & Clearing

  1. Validator broadcasts AuctionStart
  2. Miners submit bids: (subnet_id, alpha_amount, discount_bps)
  3. Bids are valued using slippage-aware pricing and optional reputation caps
  4. Winners receive Win invoices with a payment window in epoch e+1
  5. Auction results are snapshotted locally

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Epoch e+1: Commitments

  • Validator publishes the snapshot:
    • CID only on-chain (v4 commitments)
    • Full JSON payload to IPFS
  • Strict publishing order: only e−1 is committed

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Epoch e+2: Settlement

  • Validator scans on-chain alpha transfers during payment windows
  • Credits delivered alpha
  • Burns underfilled amounts to UID 0
  • Computes miner incentives and sets weights
  • Optional preview-only mode when TESTING=true

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Key Properties

  • Deterministic Auction → Clearing → Commitment → Settlement pipeline
  • Slippage-aware alpha valuation
  • Reputation caps enforced per coldkey
  • Budget signaling to enforce capital discipline
  • Whitelisted treasury enforcement for miner payments
  • Transparent, auditable on-chain commitments

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Community & Subnet Expansion

MetaHash Group actively engages with the community to:
  • Identify capable and motivated subnet teams
  • Acquire subnet slots
  • Provide capital, coordination, and long-term alignment
  • Support meaningful contributions to the Bittensor ecosystem
This model emphasizes alignment over control and capital efficiency over fragmentation.