The Graph (GRT) Staking - All information about The Graph staking - DropsEarn
The Graph

The Graph (GRT)

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.

  • Reward: 6.00%
  • Adjusted Reward: 3.00%
  • Compound Reward: 6.00%
  • Adjusted Compound Reward: 3.00%
  • Inflation: 3.00%
  • Lock-Up Period: 365 days
  • Total Staked: 0.00%
  • Price: $0.5972
  • Market Cap: $2,816,237,061
  • Rank: #39

The Graph Network is a decentralized indexing protocol for organizing blockchain data. Applications use GraphQL to query open APIs called subgraphs, to retrieve data that is indexed on the network. With The Graph, developers can build serverless applications that run entirely on public infrastructure.

The Graph Network consists of Indexers, Curators and Delegators that provide services to the network, and serve data to Web3 applications. Consumers use the applications and consume the data.

Total GRT supply at mainnet launch will be 10 billion tokens, and new token issuance in the form of indexing rewards will begin at 3% annually and is subject to future independent technical governance. Risks There is no slashing risk for delegators. To unstake, there is a 28 day unbonding period during which your GRT tokens will remain illiquid.

The following instructions require you to have a Web3 wallet such as Metamask or WalletConnect. You will need to be holding GRT tokens in the wallet you are connecting:

  1. Head over to: https://network.thegraph.com/
  2. Connect your Web3 wallet which contains the GRT
  3. Scroll down to the “Indexers” section and search by ID. Choose your Indexer`s ID.
  4. On the right hand side of the page click on the purple circle with an arrow pointing at a person and choose “Delegate”
  5. Select the amount you wish to delegate and submit transaction

*If you are delegating from a locked contract, you must follow a separate set of instructions outlined in the Token Lock Contract Guide. There is a helpful Video Guide for Delegators to go with it. Please contact a Staked representative if you need additional help.