24H Volume $32.82B -30.12%
MarketCap $1.14T -0.47%
In the Graph network, contributors such as the indexers, delegators, and curators need to stake GRT to participate. Accordingly, indexers stake GRT to supply services in the query market, and delegators delegate GRT to indexers. Further, the curators signal GRT on subgraphs to indicate the subgraphs that are to be indexed.
The network aims to reward the indexers that stake GRT in the marketplace through query fees for indexing services and sending queries to subgraphs. Additionally, both the indexers and delegators earn GRT in the form of indexing rewards, a new coin issue distributed proportionally to curator signal and allotted stake.
The GRT is distrbuted as follows:
The GRT vesting and distribution schedules range between 6 months to 10 years depending on the bucket. Approximately 12.5% of total supply (1,224,999,438 GRT) is expected to be in circulation at launch. Please note, the circulating supply does not include tokens that will be stakeable but are non-transferable (under lock-up).