The Graph Has Added Gnosis Chain On Its Network
The Graph has added Gnosis Chain to its network. The Graph Foundation is pleased to announce the next incentivization program for Indexers: Migration Infrastructure Providers (MIPs). The MIPs program bootstraps Indexers to add support for new chains on the decentralized network, enabling the migration of multi-chain subgraphs.
This is a critical expansion of support for dapps and subgraph migration ahead of the sunsetting of the hosted service. Every dapp, regardless of what chain it is built on, deserves decentralized and open APIs—ensuring decentralized access to blockchain data is crucial for building a robust, secure, and reliable web3.
Furthermore, the MIPs program has allocated 0.75% of the GRT supply (50M GRT), with 0.5% to reward Indexers who contribute to bootstrapping the network and 0.25% allocated to migration grants for subgraph developers using multi-chain subgraphs. The program builds on the success of Mission Control, which introduced the first generation of Indexers to the network by accelerating network readiness and infrastructure.
In addition, the Graph Network expanding multi-chain support is a historic step forward for the web3 ecosystem and the incentivized MIPs program prepares Indexers to reliably index and serve queries in a multi-chain environment. That multi-chain environment begins with the addition of a new chain on The Graph Network.
The first chain that will be supported on the decentralized network is Gnosis Chain.
Formerly known as xDAI, Gnosis Chain is an EVM-based chain that will be the first to be supported on the network. Gnosis Chain was selected as the first given its user-friendliness of running nodes, Indexer readiness, alignment with The Graph, and adoption within web3.
Moreover, new chains will be announced throughout the MIPs program, based on Indexer readiness, demand, and community sentiment. In addition, chains will firstly be supported on the testnet. Subsequently, a GIP will be passed to support that chain on the mainnet.
Furthermore, indexers participating in the MIPs program will choose which chains they are interested in supporting and will earn rewards per chain. In addition to earning query fees and indexing rewards on the network for serving subgraphs. MIPs participants will be scored based on their performance, ability to serve network needs, as well as community support.
Indexers who intend to support Gnosis on The Graph Network should begin syncing their Gnosis Chain nodes now.
ABOUT The Graph
The Graph is the indexing and query layer of web3. Developers build and publish open APIs, called subgraphs, that applications can query using GraphQL.
ABOUT Gnosis Chain
Gnosis Chain is an EVM-compatible scaling solution designed for low-cost, high-speed transactions. Gnosis Chain is technically a new chain. Late in 2021, Gnosis merged with xDAI Chain. Previously, Gnosis was an Ethereum project spun out of ConsenSys. Specialized in prediction markets, decentralized exchanges, and wallet solutions. The xDAI Chain is a standalone network build for fast and inexpensive transactions.
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