EMPECT
The private deal network for Bittensor subnets

Find your next Investor.Subnet.

Join subnet owners, investors and escrows who use Empect to price term sheets on live chain data, negotiate the terms, and settle with collateral held by an escrow.

Get started Learn more
Built for every Bittensor subnet
ApexSN1ChutesSN64TargonSN4TeutonicSN3RidgesSN62BitMindSN34ZeusSN18blockmachineSN19VantaSN8EnigmaSN63GradientsSN56lium.ioSN51ApexSN1ChutesSN64TargonSN4TeutonicSN3RidgesSN62BitMindSN34ZeusSN18blockmachineSN19VantaSN8EnigmaSN63GradientsSN56lium.ioSN51
Our options

Four ways to back a subnet.

Each one is a term the owner publishes and the investor prices on today's chain. Scroll, or pick one.

StakeStake TAO into the pool, earn the staking APY plus a share of the owner emission for as long as you stay. Liquid.Share per 1,000 τLiquidExample · 2,500 τ · 3 yrs · illustrative terms · needs a longer termDiscover Stake
Net return at exit…Reading the chain…
Stake
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Stake and lock
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OTC
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OTC and lock
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Year-one yield—staking APY plus the owner share
This option
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Plain staking
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Alpha held over the term—

Empect is building the rails for subnet capital.

One record for every term sheet, offer, signature, collateral and payout, written against the chain it settles on.

…Term sheets open right now
4Options on every term sheet
0TAO held by the platform, ever
Three roles, one record

Built for everyone at the table.

Investors.
Price before you commit.

Read the pool, the emission and the owner's terms on one screen. Four options, one net return at exit, your own scenario.

Browse offers →

Subnet owners.
Raise on your terms.

Publish a term sheet once. Share owner emission per 1,000 τ, set a discount, choose who may see it, and keep the record public.

List my subnet →

Escrows.
Hold what was promised.

Collateral is posted to a known escrow, confirmed on record, and released at term end or claimed after thirty days without a payout.

How escrow works →

The best of a term sheet. The best of the chain.

Empect
OTC chats
Plain staking
Owner verified on chain
×
Priced on live pool and emission
Share of owner emission
×
Collateral held by an escrow
×
×
Counter-offers on record
×
×
Payouts tracked per deal
×
Pricing

Price it in thirty seconds.

Live pool numbers of one example subnet, illustrative terms, your amount, four answers. Sign in to price real term sheets with your own scenario.

1,0005,000
Term
Net return at exit, after selling back into the poolOwner's terms
Reading the chain…
How it works

From listing to payout.

Funds move wallet to wallet. The platform never holds them. It watches the chain and keeps the record.

01Owner proves the subnetSigns with the coldkey the chain lists as owner. Investors sign with a funded coldkey.
02Owner posts termsSize, lock, share of owner emission per 1,000 τ, discount, collateral, escrow.
03Investor prices themLive pool and emission plus the investor's own outlook. Four options, one answer.
04Both sign, escrow holdsCounter until it fits. Both wallets sign. Collateral goes to the escrow.
05Chain confirms, payouts trackedFunding, collateral and every payout are confirmed from the chain. Nobody reports anything.
Open offers

Term sheets on the table.

Which subnets are raising is never public. Owners decide which signed-in investors may see their sheet, and this page shows only the totals.

Sign in to see them
LiveWhat investors work from after sign-in: live pool, emission and option returns per sheet, and every transfer confirmed from the chain. Figures from SN51, the example subnet; the series are illustrative. No listed subnet is shown here.
No published term sheets yet. The first owner to publish is counted here.
Your subnet herePublish a term sheet. Only the investors you allow ever see it.List my subnet
FAQ

Questions, answered.

What does a term sheet contain?
The size range in TAO, the lock in years, the share of owner emission per 1,000 τ for each option, the OTC discount, how many months of collateral each locked option carries, the escrow that holds it, and who may see the sheet.
How is the net return at exit calculated?
The engine buys alpha through the pool at today's reserves (or OTC at the discount), grows it with the staking APY and the owner emission share month by month, then sells back into the pool at the exit price you set. Net return is what comes back minus what you put in.
Who holds the collateral, and when is it released?
A known escrow named on the term sheet, in their own coldkey. The owner sends the collateral there after both sides sign, Empect confirms the transfer from the chain, and the escrow sends it back at term end, again confirmed from the chain. After 30 days without a payout the investor can claim what is outstanding from it.
Does the platform ever hold funds?
No, and it never takes anyone's word for a transfer either. Every stake, payment, collateral deposit and payout is made between the parties' own coldkeys with their own wallets. Empect knows what each deal expects, watches the chain, and advances the deal only when the chain shows the transfer.
Who can invest?
Anyone who signs up with a coldkey that holds at least 500 τ, free or staked. The balance is read from the chain at sign-up; the coldkey is the account.
How do I sign?
With your coldkey, offline, using btcli. Empect shows the exact text and the btcli command; you paste back the signature it prints. Nothing connects to your wallet and nothing moves.
Get started

Find your next investor.
Or your next subnet.

One signature from your coldkey. Nothing moves until both sides sign and the escrow confirms.

Sign up as investorList my subnet