30+ years of experience successfully scaling internet infrastructure companies.
Original testnet participant.
Serving the world’s largest GRT holders.
Figment is a venture funded, registered Canadian company, based in Toronto. Canada offers stability, rule of law and clear crypto regulation.
Figment Prime & discounts available for > $250k in GRT.
Contact us for more information.
The world’s most advanced physical IDC + multi-cloud staking infrastructure.
You maintain custody and control of your GRT tokens at all times.
Third-party custody solutions are available through our institutional partners. Contact us for more information.
Track real-time, historical, and future estimated returns.
Protected via industry-leading Delegation Agreement.
Figment’s Indexer Node ID:
0x6ac85b9d834b51b14a7b0ed849bb5199e04c05c5
If your tokens are not locked, delegation is simple.
With Metamask ready, head to https://network.thegraph.com and search for 0x6ac85b9d834b51b14a7b0ed849bb5199e04c05c5
Click the purple button and then delegate. Enter the number of tokens you want to delegate and submit the transaction. Use Gas Now if need be to select a custom gas price.
Note the fine print:
– a delegation costs 0.5%
– a redelegation will result in your GRT not earning for 28 days
Please see our comprehensive guide on fiat to crypto on-ramps for all staking tokens.
View GuideThe Graph is an indexing protocol for organizing and efficiently accessing data from blockchains and storage networks using GraphQL, accelerating blockchain application development. Delegating your GRT to indexers earns you new token issuance and ~89% of the query fees. Indexers are node operators that index data and serve queries in a query market. The Graph is currently being used in a centralized way by most of the popular Ethereum applications.
Curators stake GRT tokens to signal the quality of subgraphs. Issuance rewards are proportional to Curation signal for a given subgraph. This creates additional incentives to index high quality subgraphs.
The Graph Network will be aligned around maximizing query fees flowing through the network which will be earned by Indexers, Curators, and Delegators.
Wallet: Metamask + Ledger hardware device (recommended)
Explorer: https://network.thegraph.com
The Graph staking rewards and transfers began when The Graph mainnet launched on December 17, 2020.
The Graph’s native token, GRT, is a staking token for indexing, curating, and to participate in on-chain governance.
GRT is also used to pay for queries from The Graph network. When you delegate GRT, 0.5% of your delegation will be burned.
Locked tokens can be staked. When you delegate GRT, 0.5% of your delegation will be burned.
If 50% of the network stakes, delegators should expect an average of 6% rewards rate, and if 75% of the networks stakes, expect an average of 4% annual rewards rate. This is an oversimplification. Learn more about how new issuance GRT is distributed here.
However, we expect the fees earned by indexers to be greater than the value of the new issuance rewards in due time. The fee market will be difficult to predict, so we will need to experiment and record data points over the next two months.
Income earned by delegators is automatically added to their existing stake, which means:
You can self-custody The Graph’s GRT tokens, ideally using a Ledger hardware wallet.
Figment has partnerships with a number of top-in-class custodians: support@figment.io
The Graph protocol takes control of your GRT tokens while you are staking. If you unbond your tokens, this process will take 28 days before the protocol returns your tokens to you.
While your GRT are staked, you may participate in on-chain governance by voting on different proposals.
In short: 28 days.
From the moment you initiate the unbonding process, it takes a 28 days to unstake. During this time you will not earn rewards. When the process is complete, you can transfer/trade your GRT tokens.
No, your delegated GRT cannot be destroyed. However, when you initially delegate GRT, 0.5% of your delegation will be burned.
Yes, if your indexer does not perform optimally, you will not earn fees.
There are two ways this can happen. Specifically an Indexer that fails to respond quickly to query requests will lose fee capture opportunities.Indexers that price queries too high will not be selected.
More broadly, an Indexer that does not index high-traffic subgraphs will not be an optimal earner.
New GRT is being issued at an annual rate of 3% of the total supply. An estimated 1% of query fees will be burned, any unclaimed rebate rewards, and the 0.5% delegator deposit tax will be burned as well. You can read more about token distribution here and about token economics here.
The Graph will use on-chain governance to change key parameters, economic and otherwise. Read about The Graph Foundation here and about The Graph Council here.
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