Tellor
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Information about Tellor (TRB)
Tellor is an immutable decentralized oracle protocol that incentivizes an open, permissionless network of data reporting and data validation, ensuring that data can be provided by anyone and checked by everyone. Tellor's goal is to help the DeFi industry thrive by providing a secure and high-quality data source.
By creating a system where inputs to a data feed are secured by a network of staked miners, Tellor creates trustless access to off-chain information. Along with Chainlink and Band Protocol, Tellor is currently one of the leading Oracle networks on the market today.
TRB is a native coin of the Tellor ecosystem, operating on Ethereum according to ERC20 standard, and can be used to:
- TRB token holders can stake TRB to become a miner and participate in validating data on the network.
- Reward miners when they add data to the Tellor system.
- Resolve disputes about the validity of data.
- Users use TRB to retrieve the specific data they need.
- Participate in voting to approve network upgrade decisions.
Specifications
- Name: Tellor
- Symbol: TRB
- Platform: Ethereum
- Standard: ERC20
- Type: Utility
- Smart Contract Address: 0x88dF592F8eb5D7Bd38bFeF7dEb0fBc02cf3778a0
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