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