What is The Graph? In-depth Analysis of The Graph & GRT

I. What is The Graph?

The Graph is a mechanism for classifying and streamlining access to Blockchain data. Many DeFi applications as well as the Web3 ecosystem are powered by the Graph. Subgraphs, which are viewed as open APIs that applications can query using GraphQL, can be created and published by anyone.

Blockchain development is made simple for developers by subgraphs. The Graph will accomplish for blockchains what Google did for searches.

The Graph can be compared to the Google of blockchain networks because it optimizes the data organization of these networks.


II. History of The Graph

All systems, programs, and gadgets must be able to access and process data. The management of databases and blockchain data makes everything more challenging. Accessing databases using distributed ledger technology is more difficult because they are transferred and stored in a decentralized network of nodes.

The Graph is a decentralized protocol for indexing and searching data from blockchains that was established in San Francisco, California, in 2018. The Graph is a method for streamlining database access.

III. Striking Features of The Graph

What issue does The Graph address?

Users hardly give a damn about the application’s centralization or decentralization from their point of view (centralized). Which one is smoother, faster, and less expensive is what they actually care about.

If the app falls short of this, other, more effective products will progressively replace it. Accessing data directly from blockchains is one of the primary issues.

Rarely is data output from the Blockchain kept in a format that can be accessed by Dapps directly. In order for Dapps to process more quickly and easily, it needs to be sorted, sorted, and reprocessed.

Looking at how it works, it can be said that Graph is solving a huge problem of Data for Dapp applications (Decentralized Applications) on the Web 3.0 platform. The Graph can be considered as a gateway to enter Web3.

What is The Graph’s solution?

The solution for the Graph is to create a Protocol called Subgraph that anyone may use to create and publish APIs. Using the subparagraph makes it simpler to access blockchain data.

On-chain processing, storage, and processing are all done with verified data integrity. The Graph’s API makes it simple, quick, and secure to query this data.

The procedure follows the steps below

  1. A dApp adds data to Ethereum through a transaction on a smart contract.
  2. Smart contracts emit one or more events while processing a transaction.
  3. The Graph Node is constantly scanning Ethereum for new blocks and the data your subgraphs may contain.
  4. Graph Node finds Ethereum events for your subgraph in these blocks and runs the mapping handlers you provided. Mapping is a WASM module that creates or updates the data entities that the Graph Node stores in response to Ethereum events.
  5. The dApp queries the Graph Node for indexed data from the blockchain, using the node’s GraphQL endpoint. The Graph Node, in turn, converts GraphQL queries into queries for its underlying datastore to fetch this data, leveraging the store’s indexing capabilities.
  6. dApp exposes this data in a rich user interface to the end user. They use to issue new transactions on Ethereum.
  7. Repeat cycle.

IV. Core Technology of The Graph

There are many ways to contribute to The Graph network and the open data economy for both technical and non-technical individuals.

Roles in The Graph protocol

  • Indexer: node mining in The Graph network and staking GRT. Indexer’s job is to index and process queries. Therefore, they earn from query fees and bonuses.
  • Curator: Indicates which API should be queried by The Graph’s Indexer. On the other hand, the Curator will staking GRT into a Bonding Curve to announce a specific subgraph. Curator collects the subgraph notification fee. The profit will be proportional to the rate of the subgraph announcement, based on the amount of GRT used by them for staking.
  • Delegator: contributes to network security but does not have too much technical expertise. Therefore, the Delegator selects and delegates the GRT to the Indexer. Through Indexer, they earn a portion of the query fees and index rewards.
  • Consumer: queries subgraphs and pays query fees for Indexer, Curator and Delegator. A consumer can be a developer or an application that uses a query service. The query fee will be passed on to the user of the application or included in the product cost. The form of payment will be through payment gateways or wallets designed by open source contracts in The Graph Network.


V. What is GRT?

1. Detailed Information about GRT

GRT is the native token of The Graph ecosystem and is used for many different purposes.

  • Token name: GRT Token
  • Ticker: GRT
  • Blockchain: Ethereum
  • Token Standard: ERC-20
  • Token Type: Utility
  • Total Initial Token Supply: 10,000,000,000 GRT
  • Circulating Supply: 7,400,273,157 GRT
  • New release roadmap: Starting at ~3% annually, subject to technical governance.
  • Maximum Token supply: 10 billion in + Number of newly issued tokens – Number of tokens burned
  • Market cap: $608,243,457
  • About 1% of the query fees that users pay for The Graph system will be burned.

2. GRT Allocation

  • Graph Foundation: 58%
  • Educational Programs: 6%
  • Curator Program Grant:9%
  • Testnet Indexer Rewards: 9%
  • Bug Bounties: 1%
  • Public GRT Sale: 12%
  • Strategic GRT Sale: 6%


3. GRT Noticeable Milestones

Depending on the team, the GRT testing and delivery timeframe can take anywhere from six months to ten years. At launch, it’s anticipated that 12.5% of the total supply (1,245,666,867 GRT) will be in use. Please be aware that purchasable but non-transferable (locked) tokens are not included in the circulating supply.

4. Use Cases of GRT

GRT is a Token in The Graph ecosystem, used for the following purposes:

  • Query fees: Fees paid by consumers to Indexers, Curators, and Delegators. Like the fees we pay for cloud services.
  • Inflation reward: Inflation reward will be shared among Indexers, Curators and Delegators based on the number of GRT Tokens they stake.
  • Protocol Sink & Burns: Partially burned Query fees, expected to start at ~1% of total protocol query fees and rate subject to change in the future.


VI. How to earn & own GRT?

Users can own GRT tokens by buying them on exchanges like Binance, Uniswap, Hotbit, Kucoin, Coinbase exchange, etc.

VII. Which Crypto Wallets are suitable for GRT?

This is an ERC-20 token, so it is easy to find a wallet for you such as: Trustwallet, Ledger Nano X, MyEtherWallet, MetaMask, etc.

VIII. GRT Recent Developments

Basic information of GRT sale:

  • Tinker: GRT (ERC20)
  • Date: 10/22/2020 at 11:00 am
  • Location:, Ethereum Blockchain
  • Registration closes: October 15, 2020 at 14:00
  • Sale amount: 400,000,000 preGRT (converts to 400,000,000 GRT)
  • Token Price: $0.03/preGRT
  • Accepted currency: ETH
  • Personal purchase limit: 1000$- 5000$ per subscriber
  • Lockup: Unlocked on launch
  • Conditions: Non-US participants only, some jurisdictions excluded.

The Graph’s sale of GRT is designed to optimize distribution for community members who intend to join the network as Indexers, Curators or Delegators.

It will take place in 3 phases with approximate start times as follows:


  • Phase 1

The list of preferred subscribers will be allowed to purchase up to an individual limit. Participants are marked as priority based on community contribution and anti-sybil detection during registration. Time: 1 day – 10/22/2020 at 11:00.

  • Phase 2

All registered participants will be allowed to purchase up to their personal limit. At least 100,000,000 GRT will be earmarked for Phase 2 to ensure a second date. Time: 1 day – October 23, 2020 at 11:00.

  • Phase 3

All registered participants will be allowed to purchase any amount available. In case phase 2 sells out, there will be no phase 3. Duration: 1 day – October 24 at 11:00.


As soon as all tokens available for sale are sold in Phase 2 or 3, the sale will close. The period time is approximate and will be based on the number of Ethereum blocks to be announced on October 21, 2020.


IX. Teams, Funds & Partners of (Project Token)

1. Team


The Graph team includes: Yaniv Tal (project lead), Brandon Ramirez (research team leader) and Jannis Pohlmann (technology lead). These are experienced founders and they have been working together for many years.

2. Investment Funds


3. Partners

The Graph also has partners with many L1s in the market such as Ethereum, Near, BNB Chain, Aurora, Moonbeam, Arbitrum, Avalanche, Celom, Polygon, Optimism, etc.


X. Where can GRT information be updated?

Currently, Crypto users can fully consult, research, and analyze information about GRT through famous media newspapers such as Nasdaq, Bloomberg, Forbes, AP News, Yahoo!Finance, CoinTelegraph, Coindesk, etc

These media are constantly updated with useful information, new activities, outstanding events of GRT, and all the topics surrounding it. Accordingly, Meta Lion Ventures continuously updates the topic of outstanding projects in Blockchain and hot events organized between Meta Lion & partners.

XI. FAQs about The Graph

  • What trading pairs are there with GRT tokens?

Currently there are token pairs such as GRT/ETH, GRT/BTC, GRT/USDT, GRT/EUR, etc.

  • What is the GRT token used for?

You can use GRT for staking, driving operations within the protocol, eliminating single points, and decentralizing the protocol.

  • How many The Graph (GRT) coins are in circulation?

The total GRT supply at mainnet launch will be 10 billion tokens, with an initial circulating supply of ~1,245,666,867 GRT. The issuance of new tokens as indexing rewards will begin at 3% annually and be subject to future technical management by The Graph Council.

  • How secure is The Graph network?

In order to run the Graph node, indexers can either run their own Ethereum storage nodes or use node operators like Infura or Alchemy. The Graph has established an open data layer on top of blockchains. Additionally, any analytics company can create an application to query the data indexed by The Graph in subgraphs. Open APIs called subgraphs allow for the quick and easy extraction of data from the blockchain. 


By reorganizing the information on the website and utilizing a reliable cryptocurrency source, The Graph is a solution that improves the ease of access experience for everyone. The Graph project and the GRT token have recently shown that they have the potential to burst in the market. Although there are issues with this project, they do not limit The Graph’s ability to grow in the future.

The above is Meta Lion’s comment on the GRT project which is our personal opinion, this is not investment advice at all. Investors should be responsible for their own decisions.

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