Tellor is a crypto-economic oracle protocol that incentivizes a global, permissionless network of data reporters to provide valuable off-chain data for on-chain smart contracts. Founded in 2019 by Brenda Loya, Nicholas Fett, and Michael Zemrose, the protocol aims to solve the "oracle problem" by creating a secure and trustless system for data reporting. Participants stake Tellor's native token, Tributes (TRB), to become data reporters, earning rewards for submitting accurate information and facing penalties (slashing) for providing malicious or incorrect data. This mechanism ensures the integrity of data for decentralized finance (DeFi), insurance, gaming, and other blockchain-based applications.

Founded in

United States