BlockBeats news, on October 16, according to official news, Tellor released the Tellor Layer white paper. Tellor Layer is an independent L1 blockchain built using the Cosmos SDK and aims to achieve consensus on any subjective data. Operates through a network of stakers who are financially incentivized to truthfully report requested data.
TRB will become the chain’s native currency, used for staking, tipping, and voting. All token economics will remain unchanged. 4,000 tokens will continue to be allocated to the team every month, and an equal amount of tokens will be distributed to reporters and validators as inflation rewards. 75% of the time-based rewards will be distributed to reporters and the remaining 25% to validators.
