Ctrl K

Level 1How Bittensor works10 lessons
Subnets, the people in them, and the chain that pays them.
Level 2Your wallet9 lessons
The keys that own your TAO, and how to keep them safe.
Level 3Staking8 lessons
Backing a validator with your TAO, and what it earns.
Level 4Subnets6 lessons
Who runs a subnet, who joins it, and how ownership can change.
Level 5Emissions10 lessons
Where new tokens come from, and who receives them.
Level 6Subnet lifecycle4 lessons
How subnets start, how they end, and what it means for the people holding their alpha.
Level 7Root4 lessons
How staking on root earns, since Root Reborn.
Level 8How rewards are decided6 lessons
How validators' scores turn into payments.
Level 9Validators5 lessons
What validators do, how they qualify, and what to look at when choosing one to stake with.

Moving your stake

You do not have to unstake to change your mind.

Moving stake to a different validator on the same subnet is not a trade. Your alpha stays alpha, so there is no swap fee and no price impact. The small network transaction fee that most actions on the chain carry still applies.

Moving stake to a different subnet is two trades: your alpha is sold for TAO, and that TAO buys the new subnet's alpha. Each leg can have price impact, so check the quote first.

Transferring stake is different again. It moves a position to another coldkey, which means giving it to someone else. Treat it like sending TAO: check the address carefully, because it cannot be undone.