HODL ETFPrice

(SN118)

HODL ETF is a specialized FinTech subnet (Subnet 118) built on the Bittensor network. While it shares a name with traditional institutional products like the VanEck Bitcoin ETF, it is a decentralized Web3 project rather than a stock market product. Its purpose is to incentivize long-term staking of TAO tokens through index-based strategies. By rewarding users for their conviction, the project aims to combat hyper-rotation, where capital constantly moves between subnets to chase short-term hype.

Mining on Subnet 118 is unique because it does not require technical coding skills or machine learning expertise. This "zero-code" model allows participants to mine by registering a hotkey on the subnet and staking TAO into supported index pools. In this ecosystem, your "work" is the act of providing liquidity and holding assets. Miners earn rewards based on a scoring formula that considers both the total amount of TAO staked and the duration of the hold.

No, you do not need heavy hardware, servers, or high-end GPUs to participate in SN118 mining. Unlike AI-focused subnets that require massive computational power, SN118 is a staking-based subnet. To participate, you primarily need a Bittensor-compatible wallet and sufficient TAO to cover the registration costs and your initial stake. This makes the project highly accessible to a broader range of users who wish to participate in the Bittensor ecosystem without technical overhead.

SN118 tokens can be found on both decentralized and centralized trading platforms. It is traded on decentralized exchanges within the Bittensor ecosystem, such as Subnet Tokens, where it is typically paired with TAO. Additionally, the token is available on centralized exchanges like LBank. In the current Dynamic TAO era, users stake TAO to earn the subnet's native "Alpha" token, which represents their share of the subnet and can be swapped back for TAO.

The project utilizes the TrustedStake platform to facilitate non-custodial staking. This architecture ensures that the staking process remains on-chain and that the project team does not have the authority to move or access your funds. Because the staking is non-custodial, users retain control via their coldkeys while their assets are participating in the index pools. This provides a layer of decentralized security for participants looking to earn rewards through long-term holding.

HODL ETF has a multi-phase roadmap designed to increase utility. The V2 phase, planned for early 2026, aims to launch a decentralized ETF Exchange where users can trade index shares (alpha tokens) without needing to unstake their underlying TAO. The V3 phase, expected in late 2026, intends to introduce futures and options for these indices. Additionally, the project plans to implement an automatic buyback mechanism using a percentage of transaction fees generated by the future ETF Exchange to support the ecosystem.