Tellor released the Tellor Layer White Paper, TRB will become the native currency of the chain

robot
Abstract generation in progress

BlockBeats news, on October 16th, according to official sources, Tellor released the Tellor Layer White Paper. Tellor Layer is an independent L1 blockchain built using Cosmos SDK, aiming to achieve consensus on any subjective data. It operates through a network of stakers who truthfully report the requested data under economic incentives. TRB will be the native currency of the chain, used for staking, tips, and voting. The tokenomics will remain unchanged. 4,000 tokens will continue to be allocated to the team each month, and an equal amount of tokens will be distributed as inflation rewards to reporters and validators. In the time-based rewards, 75% will be allocated to reporters, while the remaining 25% will be allocated to validators.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Share
Comment
0/400
MrPhillipvip
· 2024-10-20 12:30
Buy the dip 🤑
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)