Decentralized indexing protocol The Graph proposes a new plan: to gradually increase L2 indexing rewards

2023-04-23 10:34:55
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ChainCatcher message, the decentralized indexing protocol The Graph community has proposed a proposal GIP-0052, suggesting to gradually increase the indexing rewards on L2 from 5% to 100%, and has put forward a timeline and implementation process: from 5% to 25% (expected to be achieved in the week of May 8, 2023), then to 50% (expected to be achieved in the week of May 22), 95% (expected to be achieved in the week of July 24), and finally increasing to 100% (expected to be achieved in the week of August 28).

The Graph states that it is expanding to L2 for faster transactions, significantly reducing Gas costs, and allowing more open participation in the network. Moving indexing rewards from Ethereum to Arbitrum will enable more indexers to operate on L2, while also providing more rewards for curators and delegators. (source link)

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