Conviction v2 — locked-alpha governance, perpetual locks, exponential decay

Status

Live on mainnet (since 2026-05-21)

Last reviewed

2026-05-17

Source PR

opentensor/subtensor#2658

Now live on chain

Conviction v2 is live on chain (Subtensor PR #2658). The full explainer has moved into the concept docs.

For the complete explainer — perpetual and decaying locks, the numbers, worked examples, subnet-owner locks, the subnet king mechanism, and the technical reference — see:

Conviction in Concepts → Chain & runtime.