🔍 What is TRB?
TRB is the native token of Tellor, a decentralized oracle network launched in 2019. Tellor allows smart contracts—especially on Ethereum—to securely access trusted off‑chain data (like crypto prices, sports scores, weather, etc.) .
🛠️ Core Features & Mechanism
Oracle Service
A network of miners (data reporters) competes using PoW challenges to supply accurate answers. Rewards come from minted TRB and user-submitted “tips” that prioritize high-demand data queries .
Security & Uptime
Miners must stake TRB as collateral. Any bad or disputed data can lead to stake forfeiture via community voting .
Token Utility
1. Incentivization – Rewards for miners.
2. Dispute system – Security mechanism to challenge bad data.
3. Governance – TRB holders vote on issues like disputes and network upgrades .
📊 Ecosystem & Tokenomics
Total supply: ~2.7 million TRB; Circulating: ~2.65 million
Inflation model: Ongoing issuance tied to proof-of-work rewards and network usage
Price performance:
All-time high of ~$602 in Dec 2023 , now trading around $48 (with recent intraday range $46–53) .
---
📈 Market & Chart
Current price: Near $48 (±1.8% today) .
Market cap: Approximately $75–85 million across trackers .
Volume: Daily trading volume hovers between $20–115 million, depending on source .
---
🤝 Use Cases & Adoption
Smart Contracts: DeFi apps, insurance platforms, prediction markets, etc. retrieve real-world data.
DApp integration: Poised for broader use in DeFi, supply chains, gaming, and financial services .
Gradual adoption seen since listings on exchanges like Binance, Coinbase, KuCoin, and CoinEx .
Competitive Edge
Flexibility: Users can customize data retrieval and how data is structured—Tellor supports JavaScript object formats, offering more versatility than many oracle chains .
Low supply: With just ~2.7M tokens, TRB’s scarcity features prominently compared to other oracles
➡️ purchase now and dnt miss the wave of dollars.
