What Is Tellor? Tellor is a transparent and permissionless oracle protocol for your smart contract to easily get any data whenever it needs it.

The protocol incentivizes an open, permissionless network of data reporting and data validation, ensuring that data can be provided by anyone and checked by everyone.

The oracle mechanism works by using simple crypto-economic incentives to secure data through staking and dispute mechanisms.

While the community is bound by a token which utilizes anonymous governance system and monetary incentives to reward data reporters and development of the network.