Tellor Tributes (TRB)
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About TRB
TRB is the native token of Tellor, a decentralized oracle protocol that allows Ethereum-based and EVM-compatible smart contracts to access off-chain data through a network of permissionless staked reporters. The TRB token powers all core functions of the protocol: it is used to pay for submitting and retrieving data, acts as staking collateral for reporters, backs dispute resolution mechanisms, and grants governance rights to token holders. Tellor uses a unique economic model where users submit data requests by paying TRB, and competing reporters stake TRB to respond. Submitted values can be challenged by others, who stake TRB to initiate a dispute, leading to a decentralized vote and potential slashing. This approach maintains integrity and decentralization without relying on whitelisted or permissioned nodes. With a fixed max supply of 2.75 million TRB and presence across Ethereum, Polygon, Arbitrum, and other networks, Tellor is a flexible, censorship-resistant oracle layer used in DeFi, prediction markets, and insurance protocols. TRB’s utility is rooted in aligned incentives: accurate data is rewarded, and dishonest reporting is penalized, ensuring the system’s long-term trust and decentralization.
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Frequently Asked Questions about Tellor Tributes
What is Tellor (TRB)?
Tellor is a decentralized oracle protocol that allows smart contracts to request and retrieve off-chain data through a permissionless network of staked data reporters. The TRB token is used for payments, staking, dispute resolution, and governance.
How does Tellor ensure the accuracy of reported data?
Reporters must stake TRB before submitting values. Anyone can dispute incorrect submissions by also staking TRB. The community votes on disputes, and if a reporter is found dishonest, their stake is slashed and rewarded to the disputer.
What is TRB used for?
TRB is used to pay for data requests, stake for data submissions, back disputes, and vote on governance proposals.
How can I become a Tellor reporter?
To report data, you must stake TRB and run the Tellor reporting software to submit values for on-chain queries.
Is TRB available on multiple blockchains?
Yes, TRB is available on Ethereum (mainnet), Arbitrum, Polygon, Optimism, Gnosis Chain, and other supported networks via bridges.
Where can I buy TRB?
You can buy TRB on exchanges like Binance, Coinbase, Gate.io, OKX, and Uniswap.
What is the best TRB wallet?
Bitcoin.com Wallet is recommended for Ethereum and Polygon. MetaMask, Trust Wallet, Coinbase Wallet, and hardware wallets like Ledger and Trezor also support TRB on various networks.