I actually just spoke with both entities, and they confirmed that their deals have been 20% or less, with one exception at 30%. The other thing to keep in mind, is that 20% stake in the Owner's emissions ends up being less than 3% of the fully diluted supply when you factor in the tokens that are emitted into the LP in addition to those that go to subnet participants. I'm actually grateful that in these early days when not many funds are willing to take the risk to fund subnet teams, that DCG and Polychain are doing it. Regardless of your view on if 20% is too much, its an open market and anyone is willing to step up and offer better terms.

JJ
@JosephJacks_
09-04
Polychain (@polychain) and DCG (@YumaGroup) continue to demand predatory terms to Bittensor subnet teams looking to launch... these parasite VCs ask teams for 20-50% PERPETUAL token emission in exchange for next to zero value and minimal capital. These terms adversely select for
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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