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A 500% increase in one day, understand the Bittensor ecosystem project Tensorplex Labs invested in by Yzi Labs

Tensorplex Labs ‘investment by Yzi Labs is just a microcosm of the Bittensor ecosystem’s gradual acceptance in the market. The “halal” Bittensor usually does not receive much attention in the market.

Author: Bubble, Rhythm

This morning, Yzi Labs announced its investment in Tensorplex Labs, and its Bittensor subnet project Dojo rose 500%. In the same month last year, decentralized AI startup Tensorplex Labs completed a US$3 million seed round of financing. A year later, Tensorplex Labs has brought contributions to the Bittensor ecosystem including Dex, data kanban, AI and other aspects. This article will briefly analyze what Tensorplex Labs, a Singapore company founded only two years ago, has done to become a core participant in the Bittensor ecosystem.

一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs

Bittensor’s DeFi Core

pledge lending

Before the release of dTao, bittensor’s ecosystem was actually very scarce. Tensorplex contributed the core DeFi products in the TAO ecosystem. One of them was Tensorplex Stake, as a cross-chain pledge product, launched stTAO, an LSD ERC20 “Liquid Staking Derivative” token, allowing EVM investors to enjoy pledge rewards from the TAO ecosystem without having to download a Substratete-compatible wallet, and at the same time, they can commission them manually. At the same time, it is possible to bridge pledged assets to networks such as Bittensor to participate in the operation of verification nodes. To this end, Tensorplex also establishes a bridge between Substrate and EVM to minimize trust. In addition, lending agreements such as TaoBank have been incubated, allowing users to use the pledged TAO as collateral to obtain interest-free loans. The peak TVL of pledges reached more than US$30 million, making Tensorplex one of the largest verification nodes on Tao.

一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs

Exchange + Data Kanban Integration Backprop

一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs

Just last month, when dTAO was officially launched,@BackpropFinance was also officially launched. At this point in time, as one of the three Dex that can trade dTAO,”hotkeyswap, taostats” not only allows users to trade various Alpha subnets, it also provides a fairly comprehensive data kanban, integrating various types of products such as trading boards, address analysis, on-chain information query, and market analysis into the same product. The familiar UI and complete data kanban have considerably lowered the threshold for new users to join the TAO ecosystem, which also makes Backprop the most popular Dex product in Bittensor.

一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs

Development of AI ecology

LLM

Tensorplex has made multiple attempts in large models, creating similar models that surpass all open source in the @ MacrocosAI “Subnet 19” decentralized LLM pre-training competition. Running the validator on more than 60 Bittensor subnets and AI chains such as @flock_io and @AlloraNetwork, the latest top-level model Sumo has been released on Bittensor Subnet 9 since 2023. After raising the parameter upper limit to 7 billion in April 2024, Sumo-T9- 7B performs even better than well-known models such as Falcon 7B and Llama 27B.

一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs

Tensorplex Stream

Tensorplex has also tried agents. Tensorplex and @Corcel_X “Subnet 18” built the first Web3 RAG chat robot “Tensorplex Stream”. The robot obtains information from cryptocurrency podcast records to train AI Agents and publishes an Agent that summarizes and summarizes the latest cryptocurrency information. Now, in addition to Chatbot, Podcasts have been developed to allow AI to “speak” the data it collects. Taking advantage of RAG to collect the latest information in the rapidly developing cryptocurrency market was later used on a large scale.

一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs

Dojo Subnet

一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs

Dojo Subnet, which has become the brightest subnet in dTAO in the past 24 hours, has soared by 500% after YziLabs announced its investment in Tensorplex Labs. Dojo is a data collection platform, but not only a data collection platform, but also a comprehensive ecosystem that joins humans as observers for third parties. Human intelligence can directly affect AI development, training, and agent operations on the chain and in the real world.

一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs

The main workflow is that anyone can use LLM to generate unique synthesis tasks “which may be game physics feedback, quality of generated images, physics algorithms, etc.” Collect “manual” feedback data through Dojo and add response obfuscation technology.

Miners then distribute the tasks, and the job of human validators is to confirm some of the basic facts generated by LLM, by determining the quality of the responses provided by each contributor, and allocating rewards based on multi-dimensional indicators: artificial consistency “weighted Cohen’s Kappa” Quantified stability “within-class correlation coefficient ICC” fact fidelity “Spearman correlation”, which will be used to improve open source models and optimize them.

一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs

Dojo uses technical means to prevent sybil attacks and ensure that contributors are real human beings.”After the system matures, it will add the role of attacker prevention and form a contribution chain.” To date, Dojo has collected more than 3 million human-generated data points.

一天暴涨500%,读懂Yzi Labs投资的Bittensor生态项目Tensorplex Labs

Tensorplex Labs ‘investment by Yzi Labs is just a microcosm of the Bittensor ecosystem’s gradual acceptance in the market. The “halal” Bittensor usually does not receive much attention in the market. In fact, as a veteran AI ecosystem, all project parties existing in the ecosystem have a considerable degree of ability and patience, giving people an atmosphere of serious Build. Although there are still problems in the subnet such as the casing or dTAO system is not perfect enough, we still look forward to Bittensor’s ability to export more excellent products, and Rhythmic BlockBeats will continue to pay attention.

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