Stake is a product built by Tensorplex Labs that allows users to deposit tTAO on Ethereum and recieve stTAO, which is a liquid, Chips bearing token that offers users the flexibility to utilize this asset across various EVM ecosystems.

Stake currently uses Tensorplex Bridge to seamlessly transfer tTAO from Ethereum to the Bittensor Finney network. Once transferred, the TAO tokens are automatically staked in a validator pool. As validators accrue Chips for maintaining the network, stTAO holders receive a proportional share of these Chips based on their stake.

The unstaking process in Tensorplex Stake involves a safety measure where withdrawals require manual approval before being automatically bridged back to Ethereum. This precaution is aimed at mitigating potential risks associated with smart contract vulnerabilities on Ethereum. Also, the trust-minimised Tensorplex Tensorplex Bridge is utilized for the bridging of TAO from Finney Network back to Ethereum. There can be potential additional delays. In general, users should anticipate a delay of up to 48 hours for the completion of their unstaking requests.

It is important to note that stTAO is currently in its early testing phase and the EVM smart contracts have been audited. Users are advised to exercise caution and avoid depositing large sums of TAO. To mitigate risks, particularly those associated with smart contract exploits, the platform has implemented a manual approval process for withdrawals from the Bittensor Finney network. This process is an essential step in ensuring the security of user assets during the early stages of the platform's development. There are also risks associated with Tensorplex Bridge so it is strongly recommend to deposit and withdraw in batches if necessary.

A bridge transaction will usually take 30 minutes. However, do expect delays of up to a few hours during blockchain congestions. If your transaction hasn't been processed after 12 hours, please reach out to the team on Discord.

As an additional security measure, we have restricted a maximum of 1000 TAO to be bridged every hour in each way. This amount will be increased in the future.