TRB Price Today
The live Tellor Tributes price today is $13.3291 with a 24-hour trading volume of $7,594,015.62. Tellor Tributes is -4.18% in the last 24 hours.The current MyToken ranking is #--,with a live market cap of $20,604,089.17. It has a circulating supply of 1,545,796 TRB and a max supply of 1,623,899 TRB.
What Is Tellor Tributes?
The Tellor predictor can see far beyond the level of arbitrary price data. Tellor-oracle is a protocol for answering any kind of question on the chain. Tellor is a seer system in which a fixed group of "reporters" answer questions on a chain for others to use freely. To create a proper incentive system, Tellor minted a native token called tribute (TRB). Incentive Reporters in TRB submit data using peer-to-peer payments and inflation incentives. Using TRB, parties can "prompt" specific questions or "queries" they want to update, and reporters can then choose whether the payment for the data is worth putting value up the value chain. Tellor's security is achieved through TRB deposits, which serve as guarantees or equity requirements for reporters' participation in providing data. If reporters successfully disputed the data, they could lose the stake.
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