Buy The Graph

The Graph is a protocol used to query data within blockchains, such as Ethereum and IPFS. It plays a vital role in the development of decentralized applications (dApps). The protocol solves a major problem in the blockchain world, namely efficient and structured data retrieval. This is made possible through subgraphs, which are simply open APIs that anyone can develop and use.

The Graph provides users with easy and reliable access to blockchain data that is normally difficult to obtain and use. This is especially valuable for the decentralized finance (DeFi) sector, where fast and accurate access to data is paramount. In addition to DeFi applications, The Graph also has other products and features, such as support for multiple blockchain networks and a growing number of subgraphs that can be used for various applications.

The GRT token plays an important role in The Graph. As an ERC-20 token, it can be used to operate the protocol. Key participants, such as indexers, curators, and delegators, can earn GRT as income. This incentivizes participants to contribute to the protocol. GRT holders can use their tokens to participate in governance, giving them a say in the development of the Graph.

Who founded The Graph?

The Graph was founded by Yaniv Tal, Brandon Ramirez, and Jannis Pohlmann. The project is managed by Graph Protocol Incorporated, also known as Edge & Node. The founders have experience at organizations such as the Ethereum Foundation and MuleSoft, which they brought together to create access to decentralized data.

The Graph has various applications and can be used for the following purposes, among others:

• Data indexing for dApps: The protocol enables developers to efficiently retrieve data from blockchain networks, allowing them to build functional and complex dApps.
• DeFi applications: The Graph facilitates access to data needed by DeFi applications contributing to their effectiveness and reliability.
• NFT Marketplaces: The indexing protocol supports the development of NFT applications by providing easy access to blockchain data, simplifying the creation of non-fungible tokens (NFTs).

The Graph offers a solution for organizing and making accessible blockchain data. The Graph's operation is based on three main components: subgraphs, indexers and curators, and a community-driven ecosystem.

Subgraphs

Subgraphs are the core of The Graph, acting as an API that pulls and organizes specific data from the blockchain. Developers can create subgraphs of their own to index and expose specific types of data from blockchain networks. This process involves defining what data to include and how to structure it. Once a subgraph is defined and published it is available for anyone to use.

Subgraphs use GraphQL, a powerful query language, to quickly and efficiently retrieve the data you want.

Indexers and curators

Indexers and curators play an important role in The Graph network. Indexers are responsible for running nodes that support the subgraphs and making them available for query execution. They ensure that the data is indexed correctly and is quickly accessible. Indexers are rewarded for their services with transaction fees from users.

Curators, on the other hand, evaluate and signal which subgraphs are of high quality and relevant. They use their expertise and knowledge to determine which subgraphs are valuable to the network. These curators stake GRT tokens to do signaling on specific subgraphs, indicating that they have confidence in their value. The work that curators do helps make the most useful and accurate subgraphs accessible and usable.

Community-driven protocol

The Graph is a community-driven protocol where GRT token holders have a voice in its governance. This is accomplished through a decentralized autonomous organization (DAO) where token holders can vote on various proposals and changes to the protocol.

This form of governance ensures that the network remains democratic and transparent. It also encourages active involvement and responsibility among users, which contributes to the democratic development of The Graph.

Staking in The Graph means staking GRT tokens to contribute to the network. Users can stake GRT tokens by delegating them to an indexer. This process starts with selecting a trusted indexer, after which users lend their GRT to this indexer.

By staking GRT, users help the network operate and, in return, earn a share of the revenue generated by the indexer. Staking on The Graph is simple and does not require advanced knowledge or hardware making it attractive to both novice and advanced traders to generate passive income.

The Graph has a number of unique features and characteristics, including:

• Decentralized data retrieval: This protocol allows developers to easily and securely retrieve data from different blockchain networks contributing to the development of advanced dApps.
• Subgraph technology: The Graph uses subgraph technology, which allows data to be retrieved and organized efficiently, easily and securely.
• Decentralized governance: Governance lies with the GRT token holders, ensuring democratic and transparent decision-making within the network.

You can buy The Graph (GRT) at Bitvavo. Our platform is accessible for both novice and experienced traders. Follow these steps to buy GRT tokens via our site or app:

1. Register or log in to Bitvavo.
2. Make a deposit by clicking "Deposit".
3. Go to The Graph buy page.
4. Determine how many euros you want to spend or how many GRT coins you want to buy and confirm with "Buy".

The price of GRT tokens depends on the current market value. After purchase, your GRT tokens will be automatically added to your Bitvavo account, where you can also easily sell the GRT tokens. This makes it possible to act quickly based on market changes.

Ensure safe storage of your GRT in your Bitvavo account, where the majority of customer funds are protected in offline managed cold wallets for maximum security. We also recommend activating two-factor authentication (2FA) for additional account security.

If you prefer to store your GRT personally, The Graph tokens are supported by most software and hardware wallets. Buy GRT and transfer it to an external wallet by first registering your wallet address in your Bitvavo account.