💬 Explaining the Web3 Foundational Layer w The Graph Protocol

Diving into Web3’s Foundation & How the Graph Allows Users to Benefit From Accessible Data

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The amount of data on the blockchain is rapidly growing in size and complexity and it is becoming more and more difficult to query it directly, this is where The Graph Protocol comes in. It allows developers and users to access information on networks like Ethereum and IPFS in a decentralised and trustless manner.

In today’s talk, we discuss how The Graph network is secured with GRT token, how the data is used to power projects like Rainbow Wallet, what usecases are already there and what is coming in the future.

With developers on a dozen of networks already benefiting from the data accessible through The Graph’s APIs and Indexes and support for more blockchains including Solana and Cosmos coming, The Graph is building “communication data rails” for the future of Web 3.0.

– DeFi Slate Team

🙌 Together with:

Degate, a Decentralized Layer 2 Exchange based on zk rollups. DeGate will offer secure order-book trading that is faster and cheaper than mainnet. Degate also offers a fast and efficient L1 – L2 Bridge, testnet is operating now. Try it HERE!


 

🔥 Partner Project Updates

AthleteX brings fantasy sports on-chain. Cross-chain, Cross-sport athlete performance tokens are now available on the #1 venue for prediction markets, SX Network. Start Winning today on AthleteX

 


 

One of Ethereum’s Leading L2s Boba Network closed a massive Series A funding deal to increase their team & grow their ecosystem with hackathons and more, click the image to learn more about how to get involved!


 
⚠️ DISCLAIMER: Investing in cryptocurrency and DeFi platforms comes with inherent risks including technical risk, human error, platform failure and more. At certain points throughout this post, we might get a commission for promoting certain projects, if this is the case we will always make sure it is clear. We are strictly an educational content platform, nothing we offer is financial advice. We are not professionals or licensed advisors.


 

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