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Tellor Tributes v1
About Tellor Tributes v1
Tellor Tributes (TRB) is the official token of the Tellor decentralized oracle, used for validator incentives, staking, and governance. Founded by Brenda Loya, Nick Fett, and Michael Zemrose in 2019, it experienced a significant migration in 2021 due to a system error, requiring a redeployment of contracts and token migration.
Tellor Tributes (TRB) is the official token of the Tellor project, a decentralized oracle on the Ethereum network. TRB is used for incentivizing validators, securing data points, and handling governance matters within the Tellor system.
TRB's primary uses include incentivizing miners, serving as a staking deposit, and acting as a payment method for dispute fees in the Tellor system. It also plays a role in the dispute resolution process, with token ownership being used to calculate votes in disputes.