SubQuery Expands Data Indexing To Terra
SubQueryNetwork becomes the first open indexing data protocol to serve the Terra Money ecosystem. Terra is a blockchain protocol which deploys a suite of algorithmic decentralised stablecoins, including its own native governance token of LUNA, which underpin a thriving ecosystem that brings DeFi to the masses.
SubQuery’s data indexing technology provides developers with the tools needed to easily organise, store, and query on-chain data for their protocol and applications. Abstracting the backend, SubQuery eliminates the need for custom data processing servers and lets developers focus on product development and user experience rather than building their own indexing solutions.
SubQuery is currently focused on decentralising and tokenizing the protocol to build the SubQuery Network which will be launched in the second quarter of 2022. The SubQuery Network will be simple and accessible to all, will innovate in payment methods, and most importantly, will support indexing Terra projects from the outset.
About SubQuery
SubQuery is a blockchain developer toolkit enabling others to build Web3 applications of the future. A SubQuery project is a complete API to organise and query data from Layer-1 chains. Currently servicing Polkadot, Substrate, Avalanche and Terra projects, this data-as-a-service allows developers to focus on their core use case and front-end, without needing to waste time on building a custom backend for data processing. The SubQuery Network proposes to enable this same scalable and reliable solution, but in a completely decentralised way.
About Terra
Terra is a public blockchain protocol deploying a suite of algorithmic decentralized stablecoins which underpin a thriving ecosystem that brings DeFi to the masses.
➡️Source:
https://subquery.medium.com/subquery-expands-data-indexing-to-terra-dd864ef8456f
