The EO Token
Last updated
Last updated
eOracle is a decentralized data layer that brings specialized off-chain information and computation on-chain through a robust, security-focused architecture. By leveraging Ethereum restaking, it empowers specialized oracle services called Oracle Validated Services (OVS), making the network both permissionless and accessible to domain experts.
Unlike traditional oracles that treat data feeds as one-size-fits-all, eOracle's approach acknowledges that different data sets - from finance and AI to eSports and cybersecurity - require deep domain expertise. This specialized model enables accurate, real-world data delivery to decentralized applications (dApps) while unlocking a range of tailored services that better suit modern on-chain needs.
The EO token is the cornerstone of this ecosystem, underpinning the network's security model, rewards system, and long-term participant alignment. eOracle uses a dual-staking mechanism that requires both EO and ETH, aligning incentives for all participants—Data Validators, Chain Validators, Broadcaster Validators, and Delegators—to maintain high standards of data accuracy.