TRB Token (TRB) is a decentralized oracle platform built on the Ethereum blockchain. Launched in 2019, Tellor aims to provide secure and reliable off-chain data to smart contracts on the Ethereum network, enabling decentralized applications (dApps) to access real-world data.
Tellor operates as a decentralized oracle network, allowing smart contracts to securely access external data from various sources, including APIs, websites, and IoT devices. This data can be used for a wide range of applications, including decentralized finance (DeFi), prediction markets, and supply chain tracking.
TRB and the Tellor network support a wide range of use cases across different industries, including DeFi, insurance, gaming, and supply chain management. By providing decentralized oracle services, Tellor enables developers to build dApps that rely on real-world data without sacrificing security or decentralization.
TRB, the native cryptocurrency of the Tellor network, serves as the native utility token of the Tellor network, used to pay for data requests, secure the network through staking, and participate in governance decisions.
