The Graph (GRT)
Latest articles and news for The Graph.
Coin Details
Founder
Yaniv Tal (Project Lead), Brandon Ramirez (Research Lead), and Jannis Pohlmann (Tech Lead).
Purpose
To provide a decentralized protocol for indexing and querying data from blockchains. Often called the "Google of Blockchains," it allows developers to easily access blockchain data for their dApps without running their own servers.
Supply
Initial supply was 10 billion GRT, but the current circulating supply is ~9.5 billion out of a total supply of ~10.8 billion. It has a net inflationary model, with ~3% new issuance for Indexer rewards annually, offset by a ~1% annual burn rate from various network fees (e.g., query fees, delegation tax), leading to a net inflation of ~2% per year.
Future
The Graph aims to support all major blockchains, becoming the standard for decentralized data indexing. The roadmap focuses on increasing network decentralization, improving query speeds, and making it easier for developers to create and deploy subgraphs.
Opportunity
The Graph is critical infrastructure for the Web3 ecosystem. It presents opportunities for developers to create dApps more efficiently, for Indexers to earn fees by running nodes, and for Curators and Delegators to participate in the data economy. As dApp usage grows, so does the demand for The Graph's services.
Price History (USD)
Yearly High/Low Prices
All-time high and low prices for each year in USD.
GRT reached its all-time high of $2.18 in February 2021 and its all-time low of $0.0364 in November 2022.
Listed On
Articles
The Graph: Indexing the Decentralized World
DeFi Times - 2024-07-19
Often called the "Google of Blockchains," The Graph is a vital protocol that makes blockchain data easily accessible for dApps, solving a core problem for Web3 developers.
The Graph is an essential indexing protocol that organizes complex blockchain data into accessible "subgraphs." By creating a decentralized market for data queries, it solves a major challenge for dApp developers who would otherwise need to build slow and expensive centralized servers. The network consists of Indexers (node operators who process queries), Curators (who signal valuable data), and Delegators (who stake GRT to secure the network). This innovative structure ensures that public blockchain data remains open and efficiently retrievable, making The Graph a foundational pillar of the Web3 ecosystem.
Related News
The Graph Foundation Announces Wave 5 of Grants
CryptoReporter · 2024-07-18