Revenue Search: Inside Bittensor Subnet Session with Sam Forman from Swap: SN10
45 snips
Oct 9, 2025 Sam Forman, founder and lead of SN10 (Swap/TauFi), discusses his goal of reducing onboarding friction for new users in BitTensor. He explains the cross-chain swap process, allowing seamless transitions from ETH to TAU using common wallets like MetaMask. Sam emphasizes the importance of security and transparency, detailing their measures against liquidity risks and smart-contract vulnerabilities. He highlights SN10's impressive projected volume and the strategy for integrating new users while maintaining strong miner rewards and liquidity mining possibilities.
AI Snips
Chapters
Transcript
Episode notes
Rapid Volume Growth On Base
- SN10 is handling $1–2M/day volume and scaling fast, currently live on Base with Ethereum, Solana coming soon.
- Early volume is primarily from Base, driving rapid fee growth month‑over‑month.
Earn By Supplying Tau‑USDC Liquidity
- Provide USDC and/or TAU liquidity to the Tau‑USDC Uniswap V3 pool to earn trading fees and automatic SN10 emissions.
- Use range placement to maximize emissions; rewards scale with liquidity usage.
Fee Switch Drives On‑Chain Buybacks
- SN10 activated a fee switch diverting 25% of pool trading fees into buybacks of SN10 tokens.
- That mechanism converts trading revenue directly into token demand via on‑chain buybacks.