The Graph Released a Dapp That Gives Rewards for Migration

by in Blockchain News

The Graph new products

Blockchain data indexing protocol The Graph has released two new products for dapps: The Graph Explorer and Subgraph Studio.

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The Graph is a widely-used tool for getting data via APIs which are called "subgraphs" in the network's case. The protocol supports Ethereum, Binance Smart Chain, Polygon, Celo, Avalanche, XDAI, POA, and Fantom.

It was launched in 2018 in San Francisco and now many dapps, among them Balancer, Aragon, UniSwap, Aave, operate The Graph to get data.

In June, the protocol carried out 30 billion queries overall.

Deploying and curating subgraphs on Ethereum via The Graph's new instruments, users earn migration returns in the native GRT token. A subgraph decides on which data will be queried from Ethereum and the way of storing it.

Subgraph Studio enables engineers to test and deploy subgraphs on the network as well as build new APIs. The protocol's in-built token GRT currently trades at around $0.68. It reached an all-time high of 2,84 $ on Feb 12, 2021.