$GRT
What is The Graph (GRT)?
-Purpose: The Graph is an indexing protocol that allows developers to efficiently query data from blockchains (like Ethereum, Polygon, etc.) without running their own nodes. It powers many decentralized applications (dApps).
-Native Token: GRT is the utility token used for:
-Curating and Indexing: Participants stake GRT to signal which data should be indexed.
-Rewards: Indexers, curators, and delegators earn GRT for their roles.
-Decentralized Network: Unlike centralized APIs, The Graph is community-operated.
Key Features
-Subgraphs: Open APIs (called "subgraphs") that define how blockchain data is organized.
Roles in the Network:
-Indexers: Node operators who process queries.
-Curators: Signal high-quality subgraphs by staking GRT.
-Delegators: Stake GRT with indexers to earn rewards passively.
-Use Cases: Supports DeFi (Uniswap, Aave), NFTs, DAOs, and more.
GRT Tokenomics (as of 2025)
-Total Supply: ~10.6 billion GRT.
-Market Cap: ~$1.5 billion (varies with market conditions).
-Inflation: New tokens are minted as rewards (~3% annual inflation).
-Burn Mechanism: Query fees are partially burned to offset inflation.
Recent Developments (2024–2025)
-Expansion: Added support for Solana, Cosmos, and other chains.
-Adoption: Over 1,000 dApps now use The Graph.
-Governance: GRT holders vote on protocol upgrades via decentralized governance.
