Cover Image for The Graph

The Graph

The Graph is a decentralised protocol that efficiently indexes and queries blockchain data. Developers can organise dApp data without relying on centralised data services.







Proof of Stake



Token Strength.

Token Utility:

Staking: Participants can use GRT to stake and become Indexers or Curators, earning rewards for their contributions to the network.
Query fees: GRT is used to pay for query fees by Data Consumers who need access to subgraphs on The Graph network.
Governance: GRT holders can participate in governance proposals to influence the direction of the network.
Incentivization: GRT is used to incentivize behavior that benefits the network, such as data curation and efficient resource allocation.
Liquidity: GRT can be traded on various cryptocurrency exchanges, providing liquidity for holders and facilitating access to the token for new participants.

Demand Driver:

Investors who stake tokens to earn returns.

Participants who earn rewards by indexing and querying data.

Signal subgraphs for rewards.

Data Consumers: 
Need GRT to pay for query services.

Value Creation:

The Graph creates value by allowing dapps to search and access the blockchain without proprietary indexing services. It powers many popular dapps and DeFi protocols by providing a decentralized protocol for querying data on blockchains and storage networks.

Value Capture:

Value accrual to token:
GRT is staked by Indexers, Curators, and Delegators to align incentives. Data consumers pay query fees to access information, allowing GRT to capture value based on supply and demand.

Value accrual to protocol:
The Graph protocol facilitates decentralized data indexing and querying. The protocol's value is captured through the successful operation of its network, enabling data consumers to access trustworthy information from blockchain networks.

Business Model:

The business model for The Graph Protocol:

Revenue comes from:
Query fees paid by data consumers to Indexers for data query services on the blockchain

Revenue is denominated in:
GRT (The Graph's native token)

Revenue goes to:
Indexers who provide data query services, with a 90% share of query fees, and The Graph Foundation, which takes a 10% cut.


Protocol Analysis.

Problems & Solutions
dApps need fast and reliable indexing and querying of blockchain data. But, centralised data services bring trust and censorship issues.

The Graph protocol provides decentralised indexing and querying of blockchain data, helping developers build robust dApps. Open APIs incentivize an indexer community to offer fast, reliable data services. This eliminates centralised data services, ensuring trust and transparency.
Chainlink - A decentralised oracle network that securely connects smart contracts to external data sources, enabling the creation of complex dApps.
Ocean Protocol - A blockchain-powered data exchange protocol that allows developers to share, access, and monetize data while maintaining privacy and control.
Arweave - A decentralised, permanent data storage network that allows developers to store and retrieve data without relying on centralised cloud services.

Investment Take

... coming soon

Tokenomics Timeline.

  1. 2020-12-18

    GRT Launch

    GRT launched and distributed

  2. 2022-12-18

    70% of cumulative unlock reached




Ecosystem Users.



Tokenomics DAO

3rd Party