SubQuery Incentivised Testnet - DropsEarn
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SubQuery Incentivised Testnet

SubQuery Incentivised Testnet

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Added to Watchlist

Reward pool

Not set

SQT

Expected profit

Unknown

SQT

Max participants

No limit

DropsEarn score

Neutral

Normal, Low Risks

Details

As indicated in the recent publication of our Technical Roadmap, SubQuery is currently preparing for token generation event (TGE) in March 2022. SubQuery`s current focus is the migration towards a decentralized SubQuery Network, and a key component of that is the need for indexing providers to form a foundational layer of SubQuery future network infrastructure.

“Indexers play a critical part in the SubQuery Network and the project is looking to find the best node operators and technical community members to take part in the upcoming testnet. If you wanting to partner with SubQuery in building, improving, and scaling the future of decentralised data, please apply now. 

*This invitation to collaborate with the Indexer community is an exciting step for SubQuery as it represents another major step towards SubQuery decentralisation” — Sam Zou, the Founder and CEO of SubQuery

SubQuery is looking for node operators with a deep understanding of the SubQuery Network, including the revenue streams and how staking and delegation works. You’ll need to be an expert in running high performance and scalable production applications with monitoring and wallet/infrastructure security. Finally, you’ll need a great attitude and a shared belief in growing the future of web3.

Indexers who are interested in participating can register their interest with SubQuery here. After reviewing all of the applications, SubQuery team expects to approve an initial pool of Indexers by the end of January 2022 with the testnet launching at the end of Q1 2022. Indexers will be retrospectively rewarded and invited to participate in the subsequent mainnet anticipated at the end of Q2 2022.

The SubQuery Network

The key constituents of the future SubQuery Network are outlined in SubQuery Whitepaper and consist of Consumers, Delegators and Indexers. Of these, the Indexers are integral to the backbone of the project as they will host SubQuery Projects in their own infrastructure, running both the node and query service to index data and answer GraphQL requests. Consumers are those entities who make requests to the SubQuery Network for specific data (thereby ‘consuming data’) and pay an advertised amount of the SQT token. The final actor in the ecosystem are Delegators who participate by supporting their favourite Indexers to earn rewards.


About SubQuery

SubQuery is a decentralized data aggregation, indexing & querying layer between Layer-1 blockchains and decentralized applications. This service unlocks blockchain data and transforms it to a queryable state so that it can be used in intuitive applications. It allows DApp developers to focus on their core use case and front-end, without needing to waste time on building a custom backend for data processing. The upcoming SubQuery Network will decentralize and tokenize the ecosystem to allow everyone to participate in the web3 data revolution.

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About

SubQuery, the leading data indexing solution in Polkadot, would like to extend an invitation to all potential indexers to register their interest in participating in our move towards decentralisation in 2022 via our incentivised testnet.

Activity Type

Testnet

Nodes

Development

Tech

Web3

Date

2 Dec 2021 03:00(UTC+3) - 1 Feb 2022 03:00(UTC+3)

Registration

Closed

When Reward:

None

Event Status

You can't participate(Event ended)