#Write2Earn The TRB currency refers to Tellor Tributes, which is the digital currency associated with the Tellor protocol, considered one of the Oracles for connecting smart contracts to external data. Here’s an overview of this currency:
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🧩 What is Tellor (TRB)?
TRB is an ERC-20 token used by the Tellor protocol on the Ethereum network. It was launched in 2019 by Brenda Loya, Nick Fett, and Michael Zemrose.
The protocol aims to provide secure and decentralized data for smart contracts through a network of miners who quickly share information via an organized system consisting of Proof of Work and staking.
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⚙️ How it works:
When a user requests data, miners solve Proof of Work challenges and publish this data on-chain, where they lose part of their tokens (stake) if the data is falsified.
TRB is used as an incentive medium (request fees, "tips", rewards), and as a security measure through a dispute and arbitration system.
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💰 Price and volume:
According to sources like Kraken, Coinbase, and Binance, the current price of TRB ranges between $36.5 – $36.7, with a slight daily increase (+0.5%) and moderate weekly volatility.
The market capitalization is around $98–100 million.
The average daily trading volume reaches about $11–17 million.
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🔝 Important points:
All-time high: TRB peaked at around $600 (late 2023 or early 2024).
Lowest price: It dropped to around one dollar at launch (2019).
There is no maximum supply, but inflation decreases over time, and half of the rewards.
