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    • The EO Token
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  1. EO Token

Ecosystem Participants

PreviousThe EO TokenNextEO Token Utility

Last updated 2 months ago

The EO token has not been launched yet. Any information suggesting otherwise is false. For updates and announcements, follow only the official channels and stay vigilant.

Roles and Incentives

The eOracle ecosystem is composed of several participant roles, each playing a unique part in securing data, facilitating services, and driving economic value:

  • Data Validators fetch and process off-chain data or computations. They earn fees for accurate reporting and face slashing penalties for misbehavior in their duties.

  • Chain Validators maintain consensus on the EO chain and aggregate validator data. They also earn fees for accurate reporting and face slashing penalties for misbehavior in their duties.

  • Broadcaster Validators publish validated oracle reports from the EO chain to external blockchains and L2s. They ensure reliable cross-chain data delivery with cryptographic verification.

  • Delegators delegate their EO tokens to validators to help secure the network. They share in validator earnings without operating nodes, but accept slashing risks if their chosen validators misbehave.

  • dApps & Protocols use eOracle's data and computation feeds in their applications which may span across DeFi, NFTs, insurance, and other sectors. They pay fees that sustain the network's economy.

  • Oracle Validated Services (OVSs) - OVSs are the specialized data or computation layers built on top of eOracle’s Stack. Each OVS caters to its own domain, such as cybersecurity, insurance, weather, or eSports. This specialization fosters higher-quality, more accurate and secure data streams and computational services for dApps.

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