Explore the tokenomics of Tributes(TRB) and review the project details below.

What is the allocation for Tellor Tributes(TRB)?

TRB will be the native currency of the chain and used for staking, tipping, and voting. All tokenomics will remain the same. Four thousand tokens will continue to be the dev share to the team each month and an equivalent amount of tokens will be distributed to reporters and validators as inflationary rewards. Seventy-five percent of time based rewards will be given to reporters with the other twenty-five percent given to validators.

Gas fees will be given to the block proposing validator (selected randomly by validator weight), while tips and inflationary rewards to reporters are distributed proportionally to the reports submissions based on weighted validator support. As an example, if a query is submitted for and gets 50% of the stake contributing to the aggregated value, this report will get some inflationary rewards, however if a more supported query gets submitted for with 100% of total stakes reporting for it, this will get 2x the rewards as the first value. There is no benefit being the only reporter for a query, unless of course there are tips that support that query over others. Additionally, to prevent tips on queries that only a handful of reporters support, time based rewards are only available on cycle list queries