Truflation is a powerful product and a useful tool for DeFi solutions. The token helps keep the Truflation Index and Oracle independent, decentralized, and self-sustainable, so they remain resilient and unbiased in the face of pressures.
It incentivizes and rewards partners and contributors for sharing relevant data.
It sustains Truflation's data streams and maintenance costs.
It encourages more diversification and decentralization of data sources, including the data from everyday users sharing prices of products.
It gives early investors and contributors governance rights.
Truflation releases a 100M Total Supply of Truflation token. 40% or ~40M tokens will be distributed to data contributors over time:
Key Contributors: Universities, Researchers, Economists, Data Providers
Community Contributors: combined knowledge of all users