True Wrapped-TAO

Power Meets Flexibility

True Wrapped TAO (TwTAO) is a secure, regulated ERC-20 token, backed 1:1 by TAO. It combines Bittensor’s power with Ethereum’s flexibility, offering a trusted solution for traders, institutions, and dApps

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Our Partners

Introducing the first token bridging Bittensor with the Ethereum blockchain, powered by a collaboration between Delchain and io.finnet.

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Key Benefits

Introducing the first token bridging Bittensor with the Ethereum blockchain, powered by a collaboration between Delchain and io.finnet.

1:1 Backing

TwTAO is fully backed by native TAO, ensuring transparency and security.

Secure Custody

Partnering with licensed custodians to meet the highest regulatory standards.

Expanded Use Cases

Enable trading, lending, and smart contracts across the Ethereum ecosystem.

Community-Driven

Built by the TAO community, for the TAO community.

Why TwTAO Matters

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Security & Trust

TwTAO offers a fully regulated, secure solution, ensuring transparency and stability. Unlike unregulated wrappers, it reduces the risk of black swan events that could harm the TAO ecosystem.

Increased Liquidity

TwTAO bridges TAO with Ethereum, boosting liquidity and enabling seamless trading, lending, and DeFi participation across Ethereum-based platforms.

Smart Contract Integration

TwTAO standardizes TAO as an ERC-20 token, making it compatible with Ethereum’s smart contracts for use in decentralized apps without the need for native TAO blockchain management.

Regulatory Compliance

Built in full compliance with industry standards, TwTAO meets regulatory requirements, providing a trusted alternative to unregulated options.

How it Works

Get In Touch

Interested in integrating True Wrapped TAO (TwTAO)? Whether you're a merchant, custodian, or just curious, we'd love to connect!

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FAQ

What is Bittensor?

BitteBittensor is a decentralized network that facilitates the exchange of AI models and data, allowing participants to train, share, and monetize AI models in a secure and open ecosystem. It's designed to provide computational power and data storage for AI applications while utilizing blockchain technology for transparency, traceability, and rewards.

What is Ethereum?

Ethereum is a decentralized, open-source blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). It is the second-largest blockchain by market capitalization, and its native cryptocurrency, Ether (ETH), powers the network. Ethereum's ability to facilitate secure, programmable transactions makes it a popular choice for decentralized finance (DeFi) and other applications.

What are Wrapped Tokens?

Wrapped tokens are a way to represent assets from one blockchain on another blockchain in a standardized format, usually as an ERC-20 token. For example, Wrapped Bitcoin (WBTC) allows Bitcoin to be used within the Ethereum ecosystem by wrapping it into an ERC-20 token that can be traded, used in decentralized finance (DeFi) applications, and more. Similarly, TwTAO is a wrapped version of TAO that brings the value and utility of Bittensor's native TAO token to the Ethereum blockchain, making it easier to integrate with Ethereum-based decentralized applications (dApps), smart contracts, and DeFi platforms.

Who are the Custodians?

TwTAO is secured and regulated by Delchain, a fully licensed and regulated custodian, under the Digital Assets and Registered Exchanges (DARE) Act in the Bahamas. Delchain is part of the Deltec Group of companies, known for creating and distributing Tether (USDT), the most widely used stablecoin in the world. Delchain's expertise in digital asset custody and regulatory compliance ensures that TwTAO is held in a secure and trusted environment.

How is TwTAO regulated?

TwTAO operates under stringent regulatory standards, providing a fully compliant and secure token solution. The assets are held in custody by Delchain, which is registered as a Financial and Corporate Services Provider under the Digital Assets and Registered Exchanges (DARE) Act of the Bahamas. Delchain is licensed and regulated by the Securities Commission of the Bahamas and adheres to strict compliance with industry standards, including anti-money laundering (AML) and know-your-customer (KYC) regulations.

Delchain is also part of the Deltec Group, which is renowned for managing some of the largest and most trusted digital assets, including the issuance and distribution of Tether (USDT). Delchain's multijurisdictional licenses and vast experience with regulated financial services further reinforce TwTAO's reliability and trustworthiness in the digital asset space.

How is TwTAO secured?

TwTAO is secured using io.Finnet’s advanced Multi-Party Computation (MPC) technology, creating an unparalleled security framework for the token. Here’s how it works:

  • Distributed Key Generation: io.Finnet’s tMPC system ensures that the private key is never stored in one place. The private key is divided into multiple shares, each generated and stored separately, preventing unauthorized access by any single party.
  • Weighted Signing Powers: With weighted signing powers, different key shares have varying levels of authority. This ensures that high-value transactions require approval from key parties with greater signing power, reinforcing the integrity of asset management.
  • Threshold Signatures: For every transaction involving TwTAO, a minimum number of key shares must sign off on the transaction. This threshold mechanism ensures that even if some key shares are compromised, the asset remains secure as long as the threshold isn't reached.
  • Collaborative Signing: When a TwTAO transaction needs to be executed, the key shares collaborate to form a signature, ensuring that the private key is never fully reconstructed. This prevents hackers from targeting a single point of failure.
  • Policy Enforcement: io.Finnet’s system ensures all transactions comply with pre-set policies, such as maximum transfer amounts or recipient restrictions, providing another layer of protection.
  • Regulatory Compliance: io.Finnet’s custody and security operations are conducted in full compliance with regulatory standards, ensuring that institutions can safely interact with TwTAO while meeting their compliance requirements.

With these features, TwTAO is secured with cutting-edge technology, combining trustless security with regulatory compliance to provide a fully protected and trustworthy wrapped TAO solution,

How can I use TwTAO?

TwTAO can be used just like any other ERC-20 token on the Ethereum blockchain. You can trade it on decentralized exchanges (DEXs), participate in decentralized finance (DeFi) applications, or use it within smart contracts. TwTAO offers a seamless way to unlock the value of TAO within the Ethereum ecosystem, expanding its utility for developers, traders, and institutions.

What are the benefits of TwTAO?
  • Security & Transparency: TwTAO is fully regulated and held by licensed custodians, offering a high level of security and transparency.
  • Liquidity & Market Access: TwTAO brings TAO's liquidity to Ethereum-based platforms, enhancing DEXs and DeFi applications
  • Smart Contract Compatibility: TwTAO is ERC-20 compatible, enabling seamless integration with Ethereum's vast ecosystem of smart contracts and dApps.
  • Institutional Trust: With compliance to regulatory standards and cutting-edge security, TwTAO offers a solution trusted by institutions and high-value traders
How is TwTAO different from other wrapped tokens?

TwTAO stands apart by offering a fully regulated and secure solution for Bittensor’s TAO token. While other wrapped tokens may operate in unregulated environments, TwTAO is backed by Delchain, a licensed and trusted custodian, and secured using Multi-Party Computation (MPC) technology from io.Finnet. This combination of regulatory compliance and advanced security protocols makes TwTAO one of the safest and most reliable wrapped tokens available today.

What’s the future of TwTAO?

TwAs the first token bridging TAO and Ethereum, TwTAO is set to expand the utility and reach of Bittensor’s ecosystem. With growing demand for compliance, security, and liquidity, TwTAO will continue to play a key role in bringing decentralized finance (DeFi) and smart contracts to the TAO network. As the product evolves, more use cases and applications will emerge, further enhancing the integration of TAO within the broader blockchain and DeFi ecosystems.