On January 27, Ethereum Layer2 project Mode announced the launch of a subnet called Synth on Bittensor to develop an AI-based cryptographic asset price prediction system. As a member of the Optimism Superchain ecosystem, Mode will provide infrastructure for AI-driven financial modeling through this subnet. Mode co-founder James Ross said Synth will leverage Bittensor's decentralized architecture to model asset price volatility. In the system design,"miners" will generate 100 simulated price paths for Bitcoin every 5 minutes. Subnetwork verifiers will evaluate their accuracy based on historical data and reward miners with excellent performance through TAO tokens.