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.
- 1.It incentivizes and rewards partners and contributors for sharing relevant data.
- 2.It sustains Truflation's data streams and maintenance costs.
- 3.It encourages more diversification and decentralization of data sources, including the data from everyday users sharing prices of products.
- 4.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