🚀 What is TRB (Tellor Tributes)?
TRB is the native token of Tellor, a decentralized oracle network that brings off-chain data (like prices or weather) onto the blockchain in a secure, trustless way.
💡 Why it matters: Smart contracts are only as good as the data they get. Without reliable oracles, DeFi apps, prediction markets, and more can’t function properly.
🔐 Tellor’s approach:
Permissionless: Anyone can become a data provider (reporter).
Incentivized: Reporters are rewarded in $TRB tokens.
Dispute-resilient: If bad data is submitted, it can be challenged via a staking and slashing mechanism.
⚙️ Use cases:
Bringing BTC/USD or ETH/USD prices into smart contracts
Enabling DeFi on less-connected chains
Providing custom data feeds for prediction markets
📈 Why TRB? TRB secures the network — it’s used for staking, disputing, and rewarding accurate data submission. The more demand for decentralized data, the more essential TRB becomes.
🧠 TL;DR:
TRB fuels Tellor, one of the most decentralized and resilient oracle systems in crypto. As the need for verifiable data grows, so does the importance of TRB.