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reza|Tabi (Ø,G) retweeted
1/ Phase 1 of the Concrete Social ‘Bags’ Campaign is live.
Your actions = your bags🗿
Start earning today, link below.
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reza|Tabi (Ø,G) retweeted
Thank you all for your patience.
As you know, we are taking this situation extremely seriously and are working tirelessly to achieve the best possible outcome for our community.
Quick updates:
Staking is live
Users can unstake at any time and withdraw their tokens after a 7-day cooldown.
Please note that unstaked positions will not accrue XP.
XP will be counted for users who have $DN staked at the time XP goes live.
XP adjustments for eligible positions will follow within the same 48–72 hour window.
The TGE badge remains a meaningful booster for the airdrop, but it is not a hard requirement.
Liquidity Incident
Our focus remains on securing the best possible resolution for everyone.
While we can’t share specific details just yet, we assure you that progress is being made behind the scenes, and we will continue to provide updates.
We are here for the long haul and will stop at nothing to rebuild your trust and deliver on our mission.
Thank you for your continued patience and support,
The DeepNode Team
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reza|Tabi (Ø,G) retweeted
Official Follow Up to First Statement
To the DeepNode community,
Today's update continues our commitment to transparency, providing additional information on what has happened and the recovery plan moving forward.
Backstory:
- To ensure sufficient liquidity on Exchanges at launch, the DeepNode Foundation borrowed $ X mil USDT (at interest) from a Liquidity Provider, which was over-collateralised with Y% of DN's supply.
- Those borrowed funds (in addition to other capital we contributed) were then provided to our Market Makers, along with a corresponding amount of DN tokens.
- The collateral was held by a recognised third party trading firm.
- This is the way things work with new projects. Teams must provide liquidity (stables and tokens) to Exchanges (via Market Makers) during a token launch if they are to be listed.
What Happened:
- The Liquidity Provider (bad guys) took our collateral (the DN tokens) and dumped them. They violated our contract, broke our trust, and we have the evidence to prove it.
- Fearing an exploit/hack, our Market Makers (good guys) acted quickly and pulled liquidity from Exchanges until they could figure out what happened.
- Between the good guys pulling liquidity and the bad guys relentlessly dumping into the void, price fell off a cliff.
- Where things get strange is that the collateral was being custodied by a third party (a large and well known trading firm). We do not know why the Custodian executed the instructions from the Liquidity Provider and are actively investigating the matter.
Bad Guys Update:
- Multiple sources have confirmed that the bad guys are out of tokens.
- We are negotiating a settlement agreement with the bad guys for a return of funds (people become surprisingly communicative once exchanges start freezing assets).
- Any funds that we get back from the bad guys will be used to provide market liquidity, tokens from these purchases will be permanently burned.
Good Guys Update:
- Market Makers, Exchanges and other partners are all aware of the situation, and want to help us right the ship.
- The biggest reason that our Market Makers are able to help us rebuild is because they acted so quickly to pull liquidity when things hit the fan.
What Next:
- We are in the process of restoring liquidity and working with our partners to stabilize the market.
- The process will be gradual, involving ongoing capital commitments from both the Foundation and several of our partners.
- There are ongoing legal aspects to this situation, so while we do know who the bad guy is, and who the Custodian is, we are not able to share that information publicly at this time.
In Closing:
- To those that have continued to support us and show us grace through this difficult process, we thank you from the bottom of our hearts.
- To those that are hurting right now, know that we are hurting right beside you.
- We ask for your patience and understanding while our team and our partners are doing everything possible to try and make this right.
We will continue to provide regular updates as we progress.
Thank you,
The DeepNode Foundation
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claimed my @basedappcom Press Pass
early seat secured → waitlist.basedapp.com/?ref=8…
reza|Tabi (Ø,G) retweeted
Official statement from the DeepNode Foundation.
DeepNode Incident Update:
Following our earlier announcement, we have conducted an extensive audit regarding the extreme volatility that occurred within the past 24 hours.
As part of our coordinated launch, DeepNode engaged a well respected funding partner to provide the initial liquidity needed for healthy market operations during the intense trading volumes following our TGE. Per industry norms, collateral ($DN tokens) were held by our liquidity lending counterparty, which were not to be touched, and were to be returned to the DeepNode Foundation in full at the end of the liquidity lending term.
Based on our investigation, it is our belief that this liquidity partner breached the terms of this agreement regarding this collateral. We do not make these allegations lightly, and are working with legal, law enforcement, and Centralized Exchanges to recover assets and protect the interests of all $DN holders.
While this is ongoing, the DeepNode Team are also actively working with Market Makers to stabilise markets and improve liquidity on all fronts.
We hear you, we know people are hurting, we are working tirelessly to fix this, and we are not going anywhere. Our commitment to the project and our community remains unwavering, and we're focused on ensuring this doesn't impact our long-term vision.
We'll keep you updated as we progress toward a resolution. Thank you for your patience and continued support.
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reza|Tabi (Ø,G) retweeted
We’ve been alerted to an issue involving $DN market makers that is impacting liquidity depth.
Our tech team has confirmed there are no security concerns.
We’re currently working with the Market Makers to resolve the issue.
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Every quest adds strength to the soil!
I'm collecting beans to fuel Gassy Jack's climb out of the gassy world 💨 Invite others to multiply the growth and share in the rewards. Jump in now👇
ethgas.com/community/onboard…
ethgas.com/community/onboard…
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reza|Tabi (Ø,G) retweeted
Miners are the economic engine of the DeepNode ecosystem.
They provide the network’s core utility by executing model tasks, running inference, and delivering verifiable compute. The quality and performance of miners directly determine the value generated across each network.
So how does mining on DeepNode work?
First, miners onboard to a network by depositing $DN as collateral. This collateral aligns incentives and establishes accountability from day one.
DeepNode is designed to stay open and accessible, not behind closed doors. To help make mining approachable for anyone, our partners behind the scenes from @ZanaVentures will be publishing state-of-the-art mining articles and step-by-step explainer videos for the public, lowering the barrier to entry and enabling more operators to participate with confidence.
Once onboarded, miners receive tasks from the network’s task queue. Each task represents a real workload defined by model creators and requested by users or applications. In Phase 1, mining is limited to inference-only tasks.
Miners execute the required computation, submit their inference output, and have their identity, trust score, and collateral position recorded by the network. The task and result are then forwarded to validators.
Validators evaluate whether the miner’s output is correct.
If the output is approved:
• The task is accepted
• Verified Work Units (VWUs) are assigned
• Miner rewards are unlocked
If the output is incorrect:
• The task is rejected or reassigned
• The miner’s trust score is reduced
• A collateral review is triggered
Once validation succeeds, rewards are distributed across the network. Miners earn rewards based on VWUs and task difficulty, while validators, creators, backers, and networks receive their respective shares. A portion of fees is routed to payment processors, and variable burn may be applied depending on governance.
Collateral plays a critical role. If a miner submits incorrect, fraudulent, or harmful outputs, they can be flagged. Depending on severity, part of their collateral may be slashed or partially returned, ensuring that misbehavior has real economic consequences. In Phase 1, slashing events are manually reviewed to reduce risk.
This system ensures miners cannot cheaply attack the network, honest operators earn more through higher trust, and performance and reliability are rewarded over time.
Why do miners matter?
They execute the work that creates real demand for $DN. They scale inference capacity across networks. They compete on performance, trust, and cost efficiency. They maintain collateral and reputation, creating strong long-term alignment.
Without miners, DeepNode cannot deliver inference, serve workloads, or generate revenue.
Miners power the entire $DN flywheel.
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reza|Tabi (Ø,G) retweeted
You interacted, you posted, you spread the word about $DN.
And now it’s time to reap the rewards.
TGE badges are available to mint for all eligible participants.
Get into DIVE and grab yours - you have 72 hours.
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reza|Tabi (Ø,G) retweeted
TGE is wrapped up, but we're just getting started!
Tune in tomorrow for an exclusive Spaces event 🎙
Join co-host @waleswoosh and our visionary founder @DeepNode_James as we unveil our plans to illuminate open intelligence!
Don't miss out on this one.
Set your reminders 👇
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reza|Tabi (Ø,G) retweeted
Staking is now live on DIVE, for both BSC and Base!
By staking your $DN, you’ll earn XP that unlocks future rewards.
And that’s not all.
Stake early to snag the exclusive Staking badge, positioning yourself perfectly for what lies ahead.
Start now 👇
dive.deepnode.ai/
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reza|Tabi (Ø,G) retweeted
Treasure Chests are about to drop for all early contributors!
The quest for the TGE badge has officially closed.
We're crunching the numbers, final checks will take ≈12 hours.
Once validated, eligible users can mint their TGE badge within a 72-hour window.
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reza|Tabi (Ø,G) retweeted
Validators are the backbone of the entire $DN incentive mechanism: they secure quality, trust, and fairness by verifying miner outputs, enforcing model correctness, and ensuring every task meets network standards.
Their role goes beyond simple checks. Validators validate models during onboarding, audit task results, assign trust scores, and continuously monitor node and model behaviour to maintain long-term integrity across the network.
The incentive flow is very straightforward. Users submit tasks, miners perform the compute, and validators verify the results.
If a task is approved, rewards are distributed to miners, validators, stakers, domains, and model owners.
If validation fails, miner trust scores are reduced and tasks may be reassigned or penalized.
Validators earn $DN for timely and accurate validations. Higher trust scores lead to more frequent validation opportunities and increased staking support, strengthening their role in the network.
Stakers can delegate $DN to validators, earning a share of rewards while reinforcing economic security and decentralization. Fee routing and variable burn mechanisms further support sustainability through governance.
We’ve already onboarded our first two validators: WildSage, who is supporting our testnet by helping run the infrastructure and providing all the necessary equipment, and Rizzo, one of the most trusted validators in the Bittensor ecosystem.
In short: validators prevent manipulation, protect users from malicious outputs, preserve model integrity, and uphold the entire $DN incentive system.
Without validators, decentralized AI execution simply doesn’t work.
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reza|Tabi (Ø,G) retweeted
We’re building DeepNode as an ever-evolving ecosystem, in which all parts play an essential role.
In Phase 1, DeepNode includes six key roles:
• Model Creators: upload and monetize AI models
• Validators: validate and score models for quality
• Miners: provide compute power for inference
• Stakers: delegate $DN to validators, securing the protocol
• Backers: support models directly in exchange for rewards
• Consumers: use AI services and drive demand
Every role reinforces the next.
And together, they keep open intelligence growing.
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reza|Tabi (Ø,G) retweeted
DIVE into a $120K $DN prize pool.
Claim your slice of the pie!
Epoch 2 of @MindoAI is live.
You still have plenty of time to climb the leaderboard.
Start shipping top-tier DeepNode content today.
We're rewarding the creators who stand out.
mindoshare.ai/projects/DeepN…
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✨Nexira’s New Year Campaign is officially live.
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reza|Tabi (Ø,G) retweeted
200K Followers.
One community. One mission.
We are DeepNode.
The best is yet to come!
Time to bring AI back to light.
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reza|Tabi (Ø,G) retweeted
Gate Futures & Perp DEX New Listing: $DN @DeepNodeAI
🔹 Trading Pair: $DN / $USDT
🔹 Futures & Perp DEX Trading are Now Open
🔹 Trade long or short with up to 20x leverage
Futures Trading: gate.com/futures/USDT/DN_USD…
Perp DEX Trading: web3.gate.com/perps?settle=U…
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reza|Tabi (Ø,G) retweeted
DeepNode x LayerZero
Interoperability, done right.
@LayerZero_Core will power a secure, reliable cross-chain bridge between Ethereum and BNB Chain, enabling seamless movement of $DN across networks.
One bridge. Two ecosystems. Zero friction.
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