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22090716 No.22090716 [Reply] [Original]

/tellor/ general: THE TESTIMONY OF TRIUMPH edition

>max circulation: 1.5M coins
>currently in circulation: 1.4M coins
>current price: $69
>market cap: 100M

Tellor is a permission-less, decentralized oracle for high-value smart contracts. It is backed by Maker, Binance, and Consensys.

>tokenomics
The security of the oracle is a direct function of price. That's why the tokenomics of the project are engineered to create upward pressure on the price. Miners need to stake 1000 TRB and are rewarded by low inflationary block rewards and users of the contracts.

>> No.22090776

>>22090716
Whenever someone shills their coin as the link killer or the next link I automatically assume it’s a shitcoin

>> No.22090783

>>22090716

Its fucking crazy you need 1k TRB to be a miner. Basically everyone was priced out day 1. Will there be pools you think? Or is that not feasible

>> No.22090798
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22090798

>woman CEO

>> No.22090802

>>22090716
I hold a lot of TRB but this is a stupid picture please stop posting it.

>> No.22091006
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22091006

>>22090776
more power to you
>>22090783
I don't think so. The whole point is to switch the script. Historically miners have been a source of inflation (you mint new tokens to reward them). By forcing them to lock liquidity and invest a lot of capital to get that juicy ROI you create strong upward pressure on the price. Think about it, there are only 1.5M tokens. It takes 1000 TRB to mine. That means there can only be 1500 miners tops. It creates a very competitive environment for miners => $3000 EOY.
>>22090798
pic related
>>22090802
make me

>> No.22091230

>>22091006
Didn’t tellor, band, iexec create an anti chainlink league? LOL. Whatever the fuck happens to that?