The Graph Announces Curator Bootstrapping Rewards!
It’s been just over a month since curation went live and to recognize the important role that early Curators have played in helping to bootstrap the network we’re announcing the distribution of Curator Bootstrapping Rewards. Curators have provided valuable community feedback that will inform protocol upgrades, help improve the Curation experience in the future and thus contribute to the growth of The Graph ecosystem. Curators who were active in the first week of curation by signalling on at least 1 subgraph are eligible to claim 700 GRT as rewards for their contributions.
Curation Launch Experience
A month ago, Curation went live on The Graph allowing anyone to signal on the best subgraphs and curate Web3 data. Currently there are over 2,100 Curators signalling on more than 150 subgraphs on the network!
The first week of curation launch saw a quick rise of highly active Curators fully embracing their role in The Graph. Curators immediately started community efforts for knowledge sharing like the GRT Curation Station and a Rabbit Hole campaign to educate new Curators. It is evident that Curators are continuously improving on fulfilling their mission to provide legitimate and valuable signal on subgraphs they deem high quality. In the first week, we saw Curators going through a significant learning curve that helped provide deeper understanding of the Curator experience and risk/reward dynamics. Collective feedback on early impressions and suggestions for improvement have been captured in various Forum posts and enhancements such as deploy and signal and subgraph change of ownership are currently proceeding through the governance process.
Please read the following to claim your rewards:
- In order to qualify, you must have actively signaled on a subgraph prior to 07/15/2021, 10am PST
- Please visit https://register.thegraph.com/ and fill out the KYC steps in Identity Verification
- Enter your ETH Address in Account Information, so we can verify that you were an active Curator during the eligibility period
- Rewards will be distributed after verification is complete
The claim window will remain open until 09/15/2021. Any claim submitted after that date will not qualify. Claim rewards will be distributed during the second half of September to all validated Curators.
We greatly value our Curators and appreciate the commitment to growing the protocol and bootstrapping network usage. It is with Curators that high-quality decentralized APIs are made possible, to serve the Web3 ecosystem.
We want to thank all Curators for their contributions to The Graph and to the protocol enhancement process in general. The community is already at work improving the Curation experience.
Become a Curator!
It’s easy to become a Curator! By using the Graph Explorer subgraph developers can also earn GRT for their work by being one of the first to curate on subgraphs. Curators earn a portion of that subgraph’s query fees, so if you’ve built a high-quality subgraph with accurate or complex data, be one of the first to signal on it and stake GRT! Once a Curator stakes GRT, signal is minted along a bonding curve such that the impact of additional signal can vary, so it’s important that a Curator understands the utility and bonding curve dynamics of the subgraph they’re signalling on, including the risk that they could lose staked GRT. Indexers prioritize subgraphs to serve queries, based on the amount of signal and expected query fees. Application developers will also choose their subgraph APIs based on expected reliability and quality, so make sure to signal on the subgraphs that are likely to power dapps in the future.
About The Graph
The Graph is the indexing and query layer of the decentralized web (Web3). Developers build and publish open APIs, called subgraphs, that applications can query using GraphQL. The Graph currently supports indexing data from 22 different networks including Ethereum, Arbitrium, Avalanche, Celo, Fantom, Moonbeam, IPFS, and PoA with more networks coming soon. To date, over 18,000 subgraphs have been deployed on the hosted service and now subgraphs can be deployed directly on the network! ~20,000 developers have built subgraphs for applications, such as Uniswap, Synthetix, Aragon, Gnosis, Balancer, Livepeer, DAOstack, AAVE, Decentraland, and many others.
If you are a developer building an application or Web3 application, you can use subgraphs for indexing and querying data from blockchains. The Graph allows applications to efficiently and performantly present data in a UI and allows other developers to use your subgraph too! You can deploy a subgraph to the network using the newly launched Subgraph Studio or query existing subgraphs that are in the Graph Explorer. The Graph would love to welcome you to be Indexers, Curators and/or Delegators on The Graph’s mainnet. Join The Graph community by introducing yourself in The Graph Discord for technical discussions, join The Graph’s Telegram chat, or follow The Graph on Twitter! The Graph’s developers and members of the community are always eager to chat with you, and The Graph ecosystem has a growing community of developers who support each other.
The Graph Foundation oversees The Graph Network. The Graph Foundation is overseen by the Technical Council. Edge & Node, StreamingFast and Figment are three of the many organizations within The Graph ecosystem.