SubQuery Network — In Summary

Participants

Participants in the SubQuery Network

Indexers, Consumers, and Queries

Consumers will make requests to the SubQuery network for specific data and pay an advertised amount of our token, SQT.

Cobb-Douglas Production Function

It’s spit across indexers by something called the Cobb-Douglas production function.
Revenue is allocated to competing Indexers as a proportion of both requests answered and amount staked.

Delegators

Delegators can delegate their spare SQT to Indexers and those delegators will be rewarded by a portion of the query fee revenue that the indexer is rewarded in
Delegators will only receive rewards when they have delegated for the entire staking era

Purchase Orders

Consumers can advertise a purchase order on chain for a set price and number of requests.

--

--

--

SubQuery is here to help you transform and query the world’s data for a web3.0 future. https://subquery.network/

Love podcasts or audiobooks? Learn on the go with our new app.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
SubQuery Network

SubQuery Network

SubQuery is here to help you transform and query the world’s data for a web3.0 future. https://subquery.network/

More from Medium

Solarbeam work with SubQuery for their new Eclipse Launchpad

Ternoa’s December Recap: Finishing 2021 with a Bang

AndusChain Accelerates Partnership Expansion

Taraxa Top Block Producer winners for Week-51 and Week-52, 2021