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$TRB | ORACLE THREAD (1)
@WeAreTellor provides fully decentralized data for #DeFi apps!
MCap: $38M
> @certik_io audit rating: 98
> Big backers: @BinanceLabs
@TheDaoMaker @Consensys > Admin key deleted & devs from @DaxiaOfficial
DON'T SLEEP ON THE ORACLE MARKET. IT'S PRIMED.
@WeAreTellor provides fully decentralized data for #DeFi apps!
MCap: $38M
> @certik_io audit rating: 98
> Big backers: @BinanceLabs
@TheDaoMaker @Consensys > Admin key deleted & devs from @DaxiaOfficial
DON'T SLEEP ON THE ORACLE MARKET. IT'S PRIMED.
Oracle | @WeAreTellor
> Platform where proof-of-work miners compete to provide the data requested in the #Tellor smart contract
Token usage:
1. $TRB used to request data & reward miners on-chain
2. Miners must initially stake 500 $TRB before PoW
3. $TRB settles data-disputes
> Platform where proof-of-work miners compete to provide the data requested in the #Tellor smart contract
Token usage:
1. $TRB used to request data & reward miners on-chain
2. Miners must initially stake 500 $TRB before PoW
3. $TRB settles data-disputes
Tokenomics | @WeAreTellor
Supply: 1.6M*
> No ICO or pre-mine
> All $TRB *are minted* via PoW mining process
Reduced inflation rate (140% to 17%) supports $TRB holders
> Makes 4M max supply in 10 years
Dev share: 10% of the base reward
> Used in various ways for platform growth
Supply: 1.6M*
> No ICO or pre-mine
> All $TRB *are minted* via PoW mining process
Reduced inflation rate (140% to 17%) supports $TRB holders
> Makes 4M max supply in 10 years
Dev share: 10% of the base reward
> Used in various ways for platform growth
STAKING via PoW secures @WeAreTellor system
#Tellor security b/o many *independent* miners staking 500 $TRB
-> Lowering circ. supply
-> Rising price
Trust built on variable dispute fee: min 1.5% of staking amount
Letting anyone vote: #Tellor community adds to platform security
#Tellor security b/o many *independent* miners staking 500 $TRB
-> Lowering circ. supply
-> Rising price
Trust built on variable dispute fee: min 1.5% of staking amount
Letting anyone vote: #Tellor community adds to platform security
$TRB Team & Investors | @WeAreTellor
Dev'd by a team behind @DaxiaOfficial to solve the need for a decentralized oracle for their $ETH derivatives & launched on #Ethereum network in 2019.
> Big investors
@BinanceLabs
@TheDaoMaker (note: leader in DeFi lending space)
@Consensys
Dev'd by a team behind @DaxiaOfficial to solve the need for a decentralized oracle for their $ETH derivatives & launched on #Ethereum network in 2019.
> Big investors
@BinanceLabs
@TheDaoMaker (note: leader in DeFi lending space)
@Consensys
