Tellor Tributes(TRB)

Overview

Tellor is a decentralized oracle protocol built to address the fact that Ethereum smart contracts are self-contained and cannot access off-chain information on their own. Users request the value of a specific off-chain data point, such as ETH/USD, and staked participants compete to submit that value to an on-chain data bank that any Ethereum smart contract can read.

Tributes (TRB) is the native token of the Tellor network, used to pay for data requests and to serve as the stake and reward for those who report data. The main Tellor contract builds an on-chain time series for each requested data feed, and incorrect submissions can be challenged through a dispute process in which the reporter's stake may be slashed.