Tellor releases the Tellor Layer white paper, and TRB will serve as the native currency of the chain

ChainCatcher news, according to official sources, Tellor has released the Tellor Layer white paper. The Tellor Layer is an independent L1 blockchain built using the Cosmos SDK, aimed at reaching consensus on any subjective data. It operates through a network of stakers who report the requested data truthfully under economic incentives.

TRB will become the native currency of this chain, used for staking, tipping, and voting. All token economics will remain unchanged. Each month, 4,000 tokens will continue to be allocated to the team, and an equal amount of tokens will be distributed as inflation rewards to reporters and validators. Of the time-based rewards, 75% will be allocated to reporters, while the remaining 25% will be allocated to validators.