What is The Graph (GRT)?
GRT are ERC-20 tokens used to allocate resources to the network by various stakeholders to earn income proportional to the amount of work they perform, and their GRT stake.
The Graph is designed to index queries for data on networks such as Ethereum or IPFS that is otherwise difficult to query directly. For example, it may be relatively easy to ask “How much Ethereum is held in a specific wallet address”, but not “How much Ethereum is held by wallet addresses created in January 2021”.
The indexes of the blockchain data (“subgraphs”) can be queried easily with an API that saves time on increasingly complex queries for data requests.
, and Delegators
In a simplified manner, the economic security of the network and integrity of data being queried is ensured by staking GRT tokens. The Indexers, Curators and Delegators each provide different services to earn income from the network proportionate to the amount of work performed and their GRT stake.
The Graph is already indexing and supporting the largest chains in cryptocurrency, such as Polygon, Avalanche, Binance Smart Chain as well Ethereum. As the crypto space grows, our data requirements and The Graph’s use cases will grow with it.