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Author Topic: [TRB] Tellor - A Decentralized Oracle Network  (Read 308 times)
spuddyminer
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July 14, 2021, 05:07:41 PM
Last edit: April 08, 2022, 06:13:40 PM by spuddyminer
 #1


we are tellor

Tellor is a permissionless oracle protocol that is live on mainnet Ethereum, Polygon and Harmony.
Deployments are currently in development for Algorand, Arbitrum and Cosmos.


The Tellor Oracle Protocol
The oracle problem is generally understood, but what constitutes a truly decentralized oracle solution?

We believe that for an oracle to be decentralized, it must be a protocol that provides data requested, broadcasted, and validated on-chain transparently. This system must minimize the need for trusting the data providers.

The Tellor oracle is driven by simple crypto-economic incentives leveraging the TRB token. Access to the Tellor oracle is open with no gatekeeping for provision or use of off-chain data.

How does it work?
Video explainer: https://youtu.be/cmrWrFtL0e8

The system incentivizes data reporters by paying Tellor Tribute (TRB) Tokens to addresses that successfully record oracle data to the blockchain. Reporters must lock up a 100 TRB bond as collateral against “bad” or malicious data.

Tellor maintains open source reporting software called telliot that can be found here: https://github.com/tellor-io/telliot-feed-examples

Data feeds are referred to as query types in the Tellor system. Out of the box, telliot supports a limited set of query types. The list can be found here: https://github.com/tellor-io/telliot-feed-examples/tree/main/src/telliot_feed_examples/feeds

Other query (data) types can be added by the team, usually in a matter of days. Simply make a request in an issue in the dataSpecs GitHub repository similar to the example here: https://github.com/tellor-io/dataSpecs/issues/24

Incentives / autoPay
Often the difference between a centralized product and a decentralized protocol comes down to incentives. The Tellor contracts provide a few different on-chain methods for incentivizing reporters to submit. These methods include time-based rewards, autoPay contracts, and tips.

The tellor contract on mainnet Ethereum pays out time-based rewards that grow at a rate of 0.5 TRB every 5 minutes for the first reporter who submits.

autoPay is a system for creating and funding data feeds for use with Tellor. This contract can be used to configure trustless payments for reporters on the tellor network. Users can specify start times, intervals, size of payments, submission windows and more.
Documentation here: https://github.com/tellor-io/autoPay

In addition to time-based rewards and autoPay, the oracle contract has a tip function that can be used to “pay tribute (TRB) to the oracle” (reporters) at any time to incentivize reporters to submit a specific query. This gives users a mechanism for getting data updated as quickly as needed. No matter how busy the ethereum network is, there is an on-chain trustless mechanism for getting the data updated.

The Dispute Mechanism
Tellor uses a dispute mechanism to protect users against malicious miners. Any TRB holder/user may dispute a value if they believe that it is not correct or malicious.

The disputer must pay a dispute fee that is bonded for 48 hours while TRB holders vote on the dispute. If the dispute is supported, the disputer takes the reporter’s 100 TRB stake. If the dispute is challenged by the community, the miner receives the dispute fee.

Funding
Tellor had no ICO. Full time development is funded by a TRB dev share that is minted via governance vote at regular intervals.

Founding Team Members:
Brenda Loya → CEO/ Developer: solidity. Background: Former economist for the US Government, Data Science & Statistics
Nicholas Fett → CTO / Developer: Go & solidity. Background: Economics, Regulation, Derivatives, and Machine Learning
Michael Zemrose → CSO / Strategist. Background: Business Consultant, Media Production

Important Links
Website: tellor.io
The code: https://github.com/tellor-io

Social Media
Twitter: https://twitter.com/WeAreTellor
Discord: https://discord.gg/kaMenz4ZVw
YouTube Channel: https://www.youtube.com/channel/UCJteW6bsm1wn34i2hSAZBiw
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spuddyminer
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July 14, 2021, 05:10:20 PM
Last edit: March 24, 2022, 04:57:39 PM by spuddyminer
 #2

Reserved for a future announcement  Cool
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July 18, 2021, 01:37:09 PM
 #3

THIS IS IT !!  :-)

...many will miss out :-(
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October 19, 2021, 11:59:27 PM
 #4

Tellor is a large project with a daily trading volume of 30 million USD and is already traded on several major exchanges, especially Binance and Coinbase. Nice to see you here.
To celebrate being here, You can create a signature campaign to increase your community here and introduce the change of Tellor name to TellorX
spuddyminer
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October 20, 2021, 12:53:41 AM
 #5

Tellor is a large project with a daily trading volume of 30 million USD and is already traded on several major exchanges, especially Binance and Coinbase. Nice to see you here.
To celebrate being here, You can create a signature campaign to increase your community here and introduce the change of Tellor name to TellorX

Thanks terciduk! Actually, We will not be changing the name to TellorX. (tellorX is the name of a big update to the tellor protocol)
And, I don't know what a signature campaign is but it sounds awesome. I will give it a google!
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October 20, 2021, 01:56:02 PM
 #6

TellorX. Coming soon. The only True Decentralized Oracle. A vision to become reality. A community of individuals who believe at their core, that the crypto market needs a Censorship Resistant, Permissionless, Oracle. Growth will come as the protocols users and stakeholders realize the integrity of the information and values. Ultimately to achieve the correct answer for smart contract implementations. Come Join Us. We Are Tellor.
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October 20, 2021, 10:48:34 PM
 #7

Tellor is a large project with a daily trading volume of 30 million USD and is already traded on several major exchanges, especially Binance and Coinbase. Nice to see you here.
To celebrate being here, You can create a signature campaign to increase your community here and introduce the change of Tellor name to TellorX

Thanks terciduk! Actually, We will not be changing the name to TellorX. (tellorX is the name of a big update to the tellor protocol)
And, I don't know what a signature campaign is but it sounds awesome. I will give it a google!

i don't think they will need sig campaign here as they are actively trading already in binance and coinbase, and several other exchanges. but they can always update this thread regarding their updates so people here will be refreshed with this platform.
but don't know what companies or institutions are using their network? can you name at least couple of top companies using your services?

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October 20, 2021, 10:48:57 PM
 #8

Tellor is a large project with a daily trading volume of 30 million USD and is already traded on several major exchanges, especially Binance and Coinbase. Nice to see you here.
I see, this deserves an applause. However, I often find projects using the fair distribution like method Tellor, growing faster than projects holding an ICO/Funding program at the outset, the chance of getting success is higher. Their concept about No ICO or Pre-mine and Transparency really applied.

Although I haven't found a campaign about Tellor project on this forum, there is an interesting bounties program I found from Tellor, there is also an airdrop for the community check https://tellor.io/bounties

And, I don't know what a signature campaign is but it sounds awesome. I will give it a google!
Give it a shot after review some of them in this section https://bitcointalk.org/index.php?board=238.0 or https://bitcointalk.org/index.php?board=52.0

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October 21, 2021, 01:01:02 AM
Last edit: October 21, 2021, 01:21:43 PM by spuddyminer
 #9

Tellor is a large project with a daily trading volume of 30 million USD and is already traded on several major exchanges, especially Binance and Coinbase. Nice to see you here.
I see, this deserves an applause. However, I often find projects using the fair distribution like method Tellor, growing faster than projects holding an ICO/Funding program at the outset, the chance of getting success is higher. Their concept about No ICO or Pre-mine and Transparency really applied.

Although I haven't found a campaign about Tellor project on this forum, there is an interesting bounties program I found from Tellor, there is also an airdrop for the community check https://tellor.io/bounties

And, I don't know what a signature campaign is but it sounds awesome. I will give it a google!
Give it a shot after review some of them in this section https://bitcointalk.org/index.php?board=238.0 or https://bitcointalk.org/index.php?board=52.0

Thanks! to be clear, the bounty is for someone to write a program that uses tellor (or maybe a side contract?) to "airdrop" some TRB to community members for various purposes automatically. It would be a novel piece of code. Not a coder myself so I don't know exactly what it would look like.

...There are some telegram groups / scam site claiming to offer TRB airdrops, so I just wanted to make it clear that this is not that! Smiley
If you see anyone online claiming to give away TRB for free it's a scam!
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October 23, 2021, 09:57:40 PM
 #10

Thanks! to be clear, the bounty is for someone to write a program that uses tellor (or maybe a side contract?) to "airdrop" some TRB to community members for various purposes automatically. It would be a novel piece of code. Not a coder myself so I don't know exactly what it would look like.
So that's how the purpose of the program that created through the bounty. A contract that can airdroping some TRB to members, it should be reported when it's done, I'll gladly join. Cool
Well, I can catch the goal in doing this, to increase the number of community members and introduce the tellor network to everyone, by giving them some or a small part.

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October 26, 2021, 05:41:29 AM
 #11

I am only back bitcointalk for Tellorx.

$trb is the true decentralized oracle.


for the ppl and by the ppl.
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November 13, 2021, 08:00:56 PM
 #12

ACCP 4:   Proposal to Add Tellor as an additional oracle to the Ampleforth system

This is a proposal to add Tellor as an additional oracle to the Ampleforth system. The goal of this addition is to further decentralize the protocol and create a more robust, censorship-resistant price feed. Tellor is a decentralized oracle that uses a network of staked miners who compete to fetch off-chain data and place it on-chain.
https://aips.ampleforth.org/ACCP/accp-4

Monday, November 15th, 2pm EST, we will be initiating the on-chain (binding) vote to add the Tellor oracle to the Ampleforth system. 
To vote or delegate go here:
https://www.withtally.com/governance/ampleforth

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N O D Y
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November 19, 2021, 04:11:33 PM
 #13

Hey all! I have good news 😍 We are on track to deliver Tellor X December 1st !

BUT WE NEED YOUR HELP!

We need TRB holders to vote for the tellor X upgrade! In order for Tellor X to happen, we need a 10% quarum! We know we can do it, because we've done it 3 times before.

In order to vote you need to get your tokens off centralized exchanges, and into a wallet that you control before November 23rd! If your tokens are on Binance, Huobi, Coinbase or any other CEX when the snapshot happens, your voting power will be gone!


Quick Tip: If you want to make sure that you have 0 issues voting for the Tellor X upgrade, we recommend the Metamask Browser extension. (If you're using a hardware wallet, you can connect that through Metamask also) Most other wallets will need to use WalletConnect. WalletConnect should work great, but some holders have had trouble with it in the past on odd wallets. If you need help, feel free to reach out and ask questions. If you're a smaller holder and you need help with gas costs, reach out on discord and we can help you out.

That’s all for now. If you have time, please help us spread the word on social media, and thanks for your support!
koang
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November 26, 2021, 10:12:52 PM
 #14

Votes for TellorX Upgrade have reached quorum!
Congrats to the Tellor community...

That was quick! Good job team!
https://twitter.com/WeAreTellor/status/1463543499249311753

Voting is still open to pass the upgrade to TellorX if you still want to participate.
Vote Here:
https://tellorscan.com/vote



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spuddyminer
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March 24, 2022, 05:44:21 PM
 #15

Hello all!

The Q1 Tellor Treasury has been live for a while, but it's not too late to get in!
If you hold TRB, you can earn 2.5% by locking up your tokens until April 24th.
Note: To get the full rewards, your staking address must vote on all governance events after you stake!

Video guide here: https://www.youtube.com/watch?v=lrij4RBTitE&t=139s

Staking Module here: https://treasuryfrontend.herokuapp.com/

Have a great day!
spuddyminer
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May 03, 2022, 02:38:57 PM
 #16

Voting for Q2 Treasury is live now!

Proposed parameters for Treasury Q2 are as follows:
    - Duration is 90 days.
    - Interest rate is 20% APR, which is equivalent to 5% over 90 days.
    - The amount of TRB that can be staked is capped at 100,000 tokens.

Connect your wallet here to vote: http://voting.tellor.io/vote

Check out the Blog for more details: https://tellor.io/its-time-to-vote-for-tellor-treasury-q2-2022-again/
diminizio
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May 03, 2022, 05:22:11 PM
 #17

In a year of development Tellor has proven successful on the world's largest exchange, binance is ranked less than 1000 on Coinmarketcap, you can really prove that a project without an ICO can really be successful in less time than usual. Unfortunately I see their community is still too small, I hope the next few months can see tellors become popular in all communities because they are registered on Binance but still get little support from the community.

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