Subquery now supports Reef Chain

Published on: 21.05.2024
Subquery now supports Reef Chain

Subquery now supports Reef Chain to offer a decentralized and super-fast indexer. Reef Chain is an EVM-compatible blockchain tailored for DeFi, NFT, and gaming applications. It is fast, scalable, has low transaction costs, and doesn’t use wasteful mining for consensus. It is built with a Substrate Framework and comes with on-chain governance.

The indexing capabilities of SubQuery empower developers on Reef Chain to efficiently manage and query on-chain data. This expedites development processes and facilitates rapid iterations, ultimately advancing the goal of onboarding the next billion users to the blockchain.

SubQuery’s versatile, high-speed, open, and decentralized data indexing solution is now available to developers building on the Reef Chain! This empowers blockchain developers with crucial tools to efficiently manage and query on-chain data for their protocols and applications.

The SubQuery platform simplifies backend operations intricacies by providing developers with a tailor-made API. This enables them to focus on product development and enhancing user experiences, without needing to allocate resources towards constructing their indexing solutions.

“This decentralized data indexing solution from SubQuery is a game changer, meeting all the criteria for an unparalleled development process. With its intuitive interface and comprehensive examples, it’s the perfect solution for dealing with large amounts of data in real-time.”— Denko Mancheski, CEO, Reef Chain

Why Use SubQuery?

SubQuery streamlines custom API creation for your dApp or smart contracts, delivering indexed data swiftly. With a flexible developer experience, you can seamlessly integrate external API calls and libraries, while maintaining better control over project infrastructure with automated DOS mitigation. Plus, our managed service remains steadfast with no plans for sunset.

SubQuery’s Support for Reef

REEF is a multi-purpose utility token in the Reef Chain ecosystem. It has a role in the governance of the network and can be staked, used to pay for fees on the network, and traded in the market of cryptocurrencies. REEF is also the centerpiece of the reward system on Reef Chain, with the token being issued to Validators and Nominators for operating the chain.

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