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What is The Graph?
The Graph (GRT) is a decentralized protocol for indexing and querying data from various blockchains. It facilitates efficient data access for developers building decentralized applications (dApps).
Key Features of The Graph
- Decentralized Indexing: The Graph utilizes a network of Indexers who curate and process blockchain data, making it readily available for querying.
- Open APIs (Subgraphs): Developers can leverage open APIs (subgraphs) to access and integrate relevant blockchain data into their dApps.
- GRT Token Utility: GRT is the work token that incentivizes Indexers, Curators, and Delegators to participate in the network.
Uses of GRT Token
- Indexer Rewards: Indexers who curate and process data earn GRT tokens as rewards.
- Curator Rewards: Curators who signal on valuable subgraphs receive a portion of query fees in GRT.
- Delegation: Users can delegate their GRT tokens to Indexers to secure the network and earn a share of their income.