What is The Graph (GRT)?
Lina avatar
Written by Lina
Updated over a week ago

The Graph (GRT) is a decentralised query protocol for getting data off blockchains and storage networks, which powers a number of applications in both DeFi and Web3. Anyone can build and publish open APIs – subgraphs – which are then can be used to retrieve data from via GraphQL. To date, thousands of developers have deployed over 3,000 subgraphs for dapps like Uniswap, Synthetix, AAVE, Decentraland etc.

The main goal of the Graph is to provide the market with a reliable, decentralised public infrastructure. The integrity of data is ensured by using an ERC-20 Graph Token (GRT), which Indexers (node operators; provide indexing and processing services), Curators (signal to Indexers which APIs should be indexed) and Delegators (contribute their GRT to Indexers so they secure the network on their behalf) lock to provide indexing and curating services. The more active role they play and the bigger their GRT stake is, the higher the reward. Indexers earn indexing rewards (new issuance) and query fees; Curators receive a part of query fees for the subgraphs they signal on. Delegators earn a part of the income earned by the Indexer they delegate to.

Check out this article to choose the most convenient way to buy cryptocurrencies, including GRT.

Important: please note that GRT deposits and withdrawals are currently not supported. You can buy, exchange and store GRT. If you'd like to receive or send it, you'll have to first exchange it for a currency which supports crypto deposits and withdrawals – you can always check with the list in this article.

In compliance with the Financial Promotion Act which came into force on 8 October, 2023, at 8 AM UTC, some account functionality is temporarily limited for the Cryptopay customers with verified UK residency.
Check what services are available: Service availability in the UK

The world of crypto is vast and intricate - if you feel overwhelmed, check out Cryptopay Learn. It is a perfect place to start for beginners trying to understand the basics of crypto. For more experienced crypto enthusiasts, this is also an excellent opportunity to brush up on their knowledge. The more you learn, the more you earn!

Did this answer your question?