Tellor (TRB) is a decentralized oracle protocol designed to provide reliable and secure data feeds for smart contracts on the blockchain. Launched in 2019, Tellor addresses the challenge of feeding off-chain data into on-chain systems by utilizing a network of incentivized data reporters.
The TRB token serves as the native utility token of the Tellor network, enabling governance, staking, and rewarding data providers for their contributions. Its decentralized approach ensures data security, immutability, and resistance to manipulation.
Tellor plays a pivotal role in the blockchain ecosystem by empowering DeFi applications, prediction markets, and other blockchain-based projects with trustworthy data feeds.
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