Indexing Protocol The Graph Launches Public Curation Dapps on Mainnet
"We believe that permissionless, open curation beats extractive algorithms and centralized decision making every time."
The Graph price
(GRT)
Share
Share
$0.83
+2.38%
Market stats
$3.9B
$91.4M
4.7B GRT
21 days
#27
About The Graph
The Graph (GRT) is an Ethereum token that powers The Graph, a decentralized protocol for indexing and querying data from blockchains. Just as Google indexes the web, The Graph indexes blockchain data from networks like Ethereum and Filecoin. This data is grouped into open APIs called subgraphs that anyone can query.
How it works
Much in the way search engines index the web, The Graph aims to index blockchain data within networks like Ethereum and Filecoin. This data is grouped into open APIs called subgraphs that make it easy for developers to query the data via the GraphQL API. By making data accessible, The Graph provides decentralized finance (or DeFi) applications like DEXs the data they need to operate effectively.
Indexers stake GRT tokens in exchange for the right to process queries, choose subgraphs to be indexed, and earn APY rewards for doing that work.
Curators help by validating the quality of subgraphs on the network.
Keep in mind
Indexing requires a large contribution of GRT and technical knowledge — but anyone can delegate some GRT to an Indexer and receive a cut of their query and indexing rewards.
Released: January 2019
The Graph is on the rise this week.
The price of The Graph has risen by 3.23% in the past 7 days. The price increased by 2.38% in the last 24 hours. In just the past hour, the price grew by 0.35%. The current price is $0.8341 per GRT. The Graph is 70.94% below the all time high of $2.87.The current circulating supply is 4,715,735,200 GRT.Top stories
The Graph is exploring new blockchain integrations, including Bitcoin
Crypto startup The Graph has announced it is exploring integrating additional layer-one blockchains including Bitcoin, a month after it launched on mainnet. The post The Graph is exploring new blockchain integrations, including Bitcoin appeared first on The Block.
This DeFi Coin's Market Cap Shot From $0 to $750 Million in Just Three Days
The Graph's price chart keeps going up as investors pile into the coin.
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