How to Mint sTAO

The Taofu contracts are used to administer the minting of ERC-20 tokens that represent a claim of TAO that is staked on the Bittensor network.

Early adopters of LSTs can gain market share, increase revenue, and accelerate user growth by offering increased capital efficiency. This enhanced liquidity allows users to reinvest in TAO, boosting overall staking activity and enabling validators to capture more delegated TAO.